{"id":8538,"date":"2013-07-15T05:40:22","date_gmt":"2013-07-15T09:40:22","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=8538"},"modified":"2013-07-15T05:40:22","modified_gmt":"2013-07-15T09:40:22","slug":"netflix-inc-nasdaqnflx-is-on-right-track","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/netflix-inc-nasdaqnflx-is-on-right-track-8538","title":{"rendered":"Netflix, Inc. (NASDAQ:NFLX) is on right track"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 07\/15\/2013 (wallstreetpr) &#8211;\u00a0At present, Netflix, Inc. (NASDAQ:NFLX) is on the the right track in terms of its business operations. Despite the rise of content costs, Netflix, Inc. has been able partner with Walt Disney and DreamWorks Animation for a few long term contracts. The content collection of Netflix, Inc. is anticipated to be superior compared to that of the company\u2019s competitors. Also, the company was able to increase the amount of its revenue at a historically higher rate, considering the cost of acquiring content and its business management.<\/p>\n<p style=\"text-align: justify;\">The stock of Netflix, Inc. remains 341% higher than its 52-week low and seems to be expensive at a price to earnings multiple of 557.8. However, this increase is being driven by the great pent-up growth potential of the company. The month streaming subscription of the company for $8 is carrying the potential in both the emerging as well as developed markets. Netflix, Inc. could be able to expand its subscriber base into larger companies such as Microsoft Corporation, which is estimating an increase of 4 billion internet users by the year 2020. Regarding Netflix, Inc., analysts remained bullish and anticipate that the company could grow its earnings by 375.9% during the fiscal year 2013 and by 121.7% during the 2014.<\/p>\n<p style=\"text-align: justify;\">Because of the rise in internet usage during the previous year, investors placed Netflix, Inc. in the third position next to LinkedIn Corp and Google, Inc. The company can sustain these higher growth rates. However, if Netflix, Inc. falls short of expectations, chances are that the stock will plummet, since expectations are very high.<\/p>\n<p style=\"text-align: justify;\">In the second quarter, Netflix, Inc. started streaming contents such as the Arrested Development and Hemlock Grove horror series, with a success higher than expected. Now, the company is looking forward to streaming another season of Arrested Development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 07\/15\/2013 (wallstreetpr) &#8211;\u00a0At present, Netflix, Inc. (NASDAQ:NFLX) is on the the right track in terms of its business operations. Despite the rise of [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":8539,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1385,2128],"stock_ticker":[],"class_list":["post-8538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-nasdaqnflx","tag-netflix-inc-nasdaqnflx","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Netflix, Inc. 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