Netflix, Inc. (NASDAQ:NFLX) & Citizens Financial Group Inc (NYSE:CFG) Watch List

On Wednesday, Shares of Netflix, Inc. (NASDAQ:NFLX) lost -0.27% to $123.44. The share price is trading in a range of $122.50 – 124.40. The stock exchanged hands with 6.11 million shares contrast to its average daily volume of 7.19 million shares.

Amazon.com Inc.’s new push to expand Prime Video into more than 200 countries and territories includes a bonus feature: a price that undercuts Netflix Inc.’s in many markets.

By going global, Amazon is following Netflix’s lead. The streaming-TV provider expanded its service to more than 190 countries earlier this year. In the third quarter, Netflix’s international revenue rose 65 percent from a year earlier as it added local languages and shows. Now Amazon — which has a long history of pricing lower than competitors in markets ranging from electronics to books — is pursuing the same strategy, and going into markets where some analysts have said Netflix is too expensive.

Amazon’s international foray will test whether its video service has standalone appeal, particularly as the company adds new shows and movies. Amazon recently released “The Grand Tour,” a reality show featuring the former hosts of “Top Gear,” a popular show around the world. As Amazon’s library expands, its low price could start to pose a threat to Netflix’s international growth.

In some countries, such as the U.S., Canada and Belgium, Amazon includes Prime Video as part of a subscription to the free-shipping Prime service, which costs $10.99 a month or $99 a year. The service is also available on a standalone basis for $8.99 a month in the U.S. (Source: Bloomberg)

Netflix, Inc. (NASDAQ:NFLX) have shown a low EPS growth of -7.90% in the last 5 years and has earnings growth of 74.70% yoy. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). The stock appeared -4.52% below its 52-week highs and is down -1.52% for the last five trades.

Shares of Citizens Financial Group Inc (NYSE:CFG) declined -0.49% to $34.63. The share price of the stock surged 35.22% for the year.

Citizens Financial Group, Inc. (CFG) declared that Citizens Bank, N.A. and Citizens Bank of Pennsylvania have raised their prime-lending rates to 3.75 percent from 3.50 percent, effective Thursday, December 15, 2016.

Analysts give CFG a mean recommendation of 2.40. The company has grown 41.93% in past 3 months and in the last five trades has moved down -1.23%. The stock has earnings growth of 39.40% yoy and showed a EPS growth of N\A over the past five years. The stock’s price moved up its 200-day moving average of $25.01. The stock is presently trading up its SMA-50 of $30.75.

 

 

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