|Bid||266.21 x 800|
|Ask||266.44 x 800|
|Day's range||265.00 - 277.67|
|52-week range||185.22 - 423.21|
|Beta (3Y monthly)||1.81|
|PE ratio (TTM)||95.23|
|Earnings date||21 Jan 2019 - 25 Jan 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||391.24|
Netflix (NFLX) is working on its first African original series for release next year to its global audience. The African original further highlights Netflix’s continuing bet on original programming at a time when it is facing growing competition for subscribers. In addition to expanding and diversifying its content library, investment in original productions is also viewed as part of Netflix’s attempts to take control of its business as some of its content partners turn into competitors.
Apple (AAPL) has unveiled its list of the most downloaded non-game apps on iPhones this year. Alphabet’s (GOOG) YouTube continues to see a lot of downloads despite already having over 1.5 billion monthly active users.
Netflix’s (NFLX) TTM (trailing-12-month) gross margin stands at 33.79% compared to the industry and sector average of 42.06% and 40.92%, respectively. Netflix’s five-year gross margin is 30.78%. Netflix’s TTM operating margin is 6.33%, whereas the industry and sector averages are 10.62% and 15.94%, respectively.
This adds to iQiyi’s $1.4 billion cash holding at the end of the third quarter. The company’s content costs rose 66% to $875.5 million in the third quarter, accounting for 88% of total revenue. Content costs jumped 47% and accounted for 76% of total revenue in the second quarter.
Charter Communications (CHTR) lost net 66,000 residential video subscribers in the third quarter compared to 104,000 net losses in the same period a year earlier. The company’s number of residential video subscribers decreased ~1.6% YoY (year-over-year) to 16.1 million at the end of September 30. This reduction was mainly the result of intense competition from low-cost OTT (over-the-top) video streaming operators.
Twitter (TWTR) stock has surged over 25% in the last three months, while tech giants from Apple (AAPL) to Amazon (AMZN) have fallen as part of the broader market pullback. So, the question is should investors buy shares of Twitter heading into 2019?
Streaming giant Netflix (NFLX) has been experimenting with certain features on its platform, according to the Los Angeles Times. Netflix is now testing a feature that allows viewers to watch the previous scene again more conveniently with a handful of its subscribers. While this feature may eventually be expunged, Netflix’s process of thinking outside the box has led to its success over the years.