Analysts’ Opinions Are Mixed on These Services Stocks: Copart (NASDAQ: CPRT) and Netflix (NASDAQ: NFLX)By Austin Angelo
Companies in the Services sector have received a lot of coverage today as analysts weigh in on Copart (NASDAQ: CPRT) and Netflix (NASDAQ: NFLX).
Copart (NASDAQ: CPRT)
According to TipRanks.com, Jordan is a 4-star analyst with an average return of 6.6% and a 56.3% success rate. Jordan covers the Services sector, focusing on stocks such as Pep Boys-Manny Moe & Jack, Kar Auction Services Inc, and Genuine Parts Company.
Copart has an analyst consensus of Hold, with a price target consensus of $30.
Netflix (NASDAQ: NFLX)
“After the close, NFLX reported slightly weaker than expected 1Q:17 paid net adds and slightly stronger than expected 2Q net-add guidance. In our view, the near-term story is unchanged. The shift in net adds to 2Q reflects content timing vs. a material change in NFLX’s growth trajectory. Management reiterated its 7% operating margin target for 2017, although 2Q margins will contract before expanding again in 2H:17. Domestic ASP increased on a full quarter of ungrandfathered pricing and 4K UHD adoption, while international pricing remained relatively flat.”
According to TipRanks.com, Helfstein is a 5-star analyst with an average return of 9.0% and a 57.5% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, Interxion Holding NV, and IAC/InterActiveCorp.
Currently, the analyst consensus on Netflix is Moderate Buy and the average price target is $159.88, representing an 8.6% upside.
In a report issued on April 3, Canaccord Genuity also reiterated a Buy rating on the stock with a $160 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.