In just five days, ‘Avengers: The Endgame’ earned more than $1.2 billion at the global box office shattering the previous record for the highest weekend total of $641 million set by ‘Avengers: The Infinity War’ in 2018. This is unprecedented, and the film is the first ever to reach the billion dollar mark in such a short time frame.
However, this is not the only record that ‘Avengers: The Endgame’ broke. Beating expectations, the film took in a record-breaking $350 million during its opening weekend in the U.S. alone. The previous record holder was ‘Avengers: Infinity War’ that hauled in $257.6 million during its opening weekend. Disney’s own estimates for the weekend opening were between $310 million to $340 million. Industry’s revised estimates were more than $360 million for the weekend.
Internationally, the film earned $859 million setting the record for the highest opening weekend haul in the history of cinema. The previous record holder was ‘The Fate of the Furious’ that earned $443 million during its opening weekend in 2017.
Additionally, no film has ever averaged more than $59,000 per theater, a record set by ‘Star Wars: The Force Awakens’ in 2015. But beating estimates, ‘Endgame’ went on to haul in an average of $75,075 per theater across 4,662 theatres in the U.S.
To meet the demand, theater owners are now bending the norms to accommodate more shows in a 12-hour day period. They are adding more shows even at odd hours including ones at 4 am and 7 am whose tickets are either sold out or close to being sold out.
In short, ‘Endgame’s' monumental weekend success proves the enthusiasm that the Marvel Comic Series has instilled in its fans across the world.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NFLX declined for three days, in of 295 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on April 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NFLX as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
NFLX moved below its 50-day moving average on April 19, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NFLX crossed bearishly below the 50-day moving average on April 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NFLX's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
NFLX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 286 cases where NFLX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NFLX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (12.920) is normal, around the industry mean (5.400). P/E Ratio (51.065) is within average values for comparable stocks, (87.119). Projected Growth (PEG Ratio) (1.889) is also within normal values, averaging (2.822). NFLX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (8.190) is also within normal values, averaging (29.645).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of online movie rental subscription services
Industry MoviesEntertainment