NEW YORK (TheStreet) -- Shares of Netflix Inc. (NFLX - Get Report) are up 5.39% to $349.26 after it was reported that mobile carrier Vodafone Group Plc (VOD) is in talks with the company to offer subscribers access to streaming movies and TV, sources told Bloomberg.
Vodafone shares are up 1.47% to $36.17.
A deal would give Vodafone customers free access to Netflix content for a period of time, the sources added.
- The revenue growth came in higher than the industry average of 8.8%. Since the same quarter one year prior, revenues rose by 24.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Powered by its strong earnings growth of 507.69% and other important driving factors, this stock has surged by 101.55% over the past year, outperforming the rise in the S&P 500 Index during the same period. Although NFLX had significant growth over the past year, our hold rating indicates that we do not recommend additional investment in this stock at the current time.
- The current debt-to-equity ratio, 0.40, is low and is below the industry average, implying that there has been successful management of debt levels. Despite the fact that NFLX's debt-to-equity ratio is low, the quick ratio, which is currently 0.56, displays a potential problem in covering short-term cash needs.
- Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. When compared to other companies in the Internet & Catalog Retail industry and the overall market, NETFLIX INC's return on equity is below that of both the industry average and the S&P 500.
- You can view the full analysis from the report here: NFLX Ratings Report