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The number of Netflix shares outstanding has been steadily increasing over the years, reaching a total of 1.02 billion shares as of the latest quarter. This significant growth can be attributed to the company's consistent expansion and strategic investments.
As of the latest quarter, the total number of NFLX shares outstanding is 1.02 billion, representing a 15% increase from the same quarter last year. This growth is a testament to the company's successful business model and investor confidence.
NFLX has a relatively high float, with only about 20% of the outstanding shares held by institutions. This means that individual investors have a significant stake in the company, which can impact stock prices and trading volumes.
Financial Information
Netflix's financial performance is a key factor in determining the value of NFLX shares outstanding. The company had revenue of $39.00 billion in the last 12 months.
Earnings per share (EPS) was a strong $19.83, indicating a healthy profit margin. This is a positive sign for investors, as it suggests that the company is generating significant profits from its operations.
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The company's net income was $8.71 billion, which is a substantial amount of money. In contrast, the company's net cash position is -$8.41 billion, which is a significant debt.
Here is a summary of Netflix's key financial metrics:
Book value per share is a more stable metric, standing at $57.84. This is a positive sign for investors, as it suggests that the company's value is not highly dependent on its cash position.
Short Selling Information
Understanding Short Selling Information can be a bit tricky, but it's essential for making informed investment decisions.
The latest short interest is 6.39 million, which means that 1.49% of the outstanding shares have been sold short.
Short selling is a strategy where investors sell shares they don't own, with the expectation of buying them back later at a lower price.
The short interest has decreased from 6.90 million in the previous month, which suggests that some investors are covering their short positions.
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To calculate the short ratio, we divide the short interest by the average daily trading volume.
Here's a breakdown of the short selling information:
The short ratio is 2.53, which indicates that it would take approximately 2.53 days to cover all the short positions at the current trading volume.
Income Statement
Netflix's income statement reveals a significant revenue of $39.00 billion in the last 12 months.
This is a remarkable figure, and it's no surprise that the company was able to earn a substantial profit of $8.71 billion.
The gross profit, which is the difference between revenue and the cost of goods sold, was $17.96 billion.
Operating income, which is the profit earned from the company's core business operations, was $10.42 billion.
The company's pretax income was $8.19 billion, which is the profit earned before taxes are deducted.
Here's a breakdown of Netflix's income statement:
The company's earnings per share (EPS) was a notable $19.83, indicating a strong return on investment for shareholders.
Balance Sheet
The balance sheet is a snapshot of a company's financial health at a specific moment. It provides a clear picture of the company's assets, liabilities, and equity.
The company has a significant amount of cash on hand, with $9.58 billion in cash and cash equivalents. This is a vital component of a company's financial stability.
Here's a breakdown of the company's balance sheet:
The company's net cash position is -$8.41 billion, which is -$19.66 per share. This indicates a significant amount of debt compared to cash on hand.
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Dividends & Yields
Netflix does not pay any dividends at this time. This means that investors who are looking for a steady stream of income from their shares will not be able to rely on Netflix for that.
The buyback yield, on the other hand, is 2.28%. This is the percentage of the stock's current price that the company is using to buy back its own shares.
Here are some key dividend-related metrics for Netflix:
Stock Performance
Netflix's stock price was $15 per share when it went public on May 29, 2002, selling 5.5 million shares.
In less than six months, Netflix had lost over half its market value, with its stock price sinking as low as $4.85 per share by October of that year.
Netflix posted a profit for the first time ever in 2003, shipping a million DVDs every day of its 35,000-film library and bringing in $6.5 million profit on $272 million of revenue.
Netflix's stock price climbed faster than ever after the company's one millionth subscriber milestone, reaching a peak of $71.96 per share in 2004.
Netflix issued its first two-for-one stock split on February 11, 2004, after its stock price had reached $71.96 per share.
Netflix's stock price rose to a $38 peak in July 2011, after the company's streaming service was announced in 2007 and expanded overseas.
The stock price sank dramatically into 2012 as customers canceled their subscriptions in protest of higher monthly fees, but it didn't fall lower than it did near the end of 2012.
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Netflix's stock price topped $700 a share for the first time in 2015, and the company announced a seven-for-one stock split in July of that year.
Netflix shares would continue to climb another $20 to $117.88 in the two days following the stock split in 2015.
Netflix's stock price is now trading in the $170-$180 range as of July 2017, after the company moved its entire library of data to Amazon Web Services and expanded to offline viewing.
Frequently Asked Questions
Who is the largest shareholder of Netflix?
The largest shareholder of Netflix is The Vanguard Group, Inc. with 8.7% ownership, followed closely by BlackRock, Inc. and Capital Research and Management Company.
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