Netflix (NFLX) Shares Are ‘Overhyped’: Pro

Noster Capital’s Pedro De Noronha thinks Netflix (NFLX) stock, which is trading at 243 times FY2014 earnings estimates, and more than 60 times FY2015 forecasts, is overvalued and overhyped. NFLX hit another all-time high Thursday, printing the tape at $458 per share before pulling back a bit. The company is now worth nearly $27 billion […] View the full post at: Netflix (NFLX) Shares Are ‘Overhyped’: Pro Related posts: Netflix (NFLX) Boosts Prize Economics Cramer’s Two Cents on Coinstar and Netflix Netflix To Provide Films To Microsoft’s Xbox 360