Netflix (NFLX) usually has a P/E over 100 when I do my qtrly reports. This qtr with the stock down $100 from its highs, the P/E is just 74.
Netflix (NFLX) is down due to something management said. Meanwhile profits jumped 467% last qtr. What are you complaining about?
More subscribers and higher subscription rates are helping boost Netflix (NFLX), as profits look to double in 2018 — and perhaps 2019. Maybe even 2020.
With triple-digit profit growth, increasing profit estimates, and a solid franchise name, Netflix (NFLX) is the perfect Internet stock. But is the stock now too high to buy?
Netflix’s (NFLX) P/E is 85 (when we look at 2018 est). That’s low by Netflix standards. And with triple-digit profit growth expected in 3 of the next 4 qtrs, the stock’s looking good.