Brandon Smith's Contributor Page
Brandon was born and raised in Westchester, New York and is currently a sophomore at Boston College concentrating in Finance and Information Systems in the Carroll School of Management. Brandon is a member of the Boston College Investment Club and also participates in various intramural sports. He is a volunteer at the Sunshine Children's Rehabilitation Center where he works directly with disabled children. Prior to Boston College, Brandon graduated from Fordham Preparatory School in Bronx, New York where he graduated with Honors and received Varsity letters in both Football and Lacrosse. He was also a campus ministry leader and involved in many community service projects such as Habitat for Humanity.
Contributor Number: 124
Contributor Number: 124
Brandon's Models
Netflix Inc (NASDAQ:NFLX)
Last Update: January 7, 2017
View on Netflix: Bullish
Summary of Model Estimates: The multinational entertainment company, Netflix (NASDAQ: NFLX), has been surging for the last five quarters with no sights of that stopping in the near future. Last quarter, Netflix added 3.57 million new subscribers, blowing away its forecast of 2.3 million new subscribers. Netflix has really taken off internationally, where nearly 3.2 million subscribers of the 3.57 million were new international members. In the quarters to come, I believe that Netflix is going to continue to expand their international presence, which will hopefully lead to better profit margins down the line. I took a bullish approach for their international market, and raised the International Paid Member Growth to 13% in 2016 and decreasing by 0.5% each quarter for three quarters, where it will eventually level off at 11.5%. In my opinion, the Domestic DVD segment of Netflix is going to continue to plummet as the use of DVD’s continues to decrease from quarter to quarter. For this, I am going to assume a 4.5% decrease in total paid members for two quarters with an eventual decrease to 4% in the two quarters following. Lastly, with the continuation of additional content being added to Netflix, I predicted that the Domestic Member Growth will increase by 5% in March 2017, and continue to grow at a rate of 3% for the following three quarters.
Last Update: January 7, 2017
View on Netflix: Bullish
Summary of Model Estimates: The multinational entertainment company, Netflix (NASDAQ: NFLX), has been surging for the last five quarters with no sights of that stopping in the near future. Last quarter, Netflix added 3.57 million new subscribers, blowing away its forecast of 2.3 million new subscribers. Netflix has really taken off internationally, where nearly 3.2 million subscribers of the 3.57 million were new international members. In the quarters to come, I believe that Netflix is going to continue to expand their international presence, which will hopefully lead to better profit margins down the line. I took a bullish approach for their international market, and raised the International Paid Member Growth to 13% in 2016 and decreasing by 0.5% each quarter for three quarters, where it will eventually level off at 11.5%. In my opinion, the Domestic DVD segment of Netflix is going to continue to plummet as the use of DVD’s continues to decrease from quarter to quarter. For this, I am going to assume a 4.5% decrease in total paid members for two quarters with an eventual decrease to 4% in the two quarters following. Lastly, with the continuation of additional content being added to Netflix, I predicted that the Domestic Member Growth will increase by 5% in March 2017, and continue to grow at a rate of 3% for the following three quarters.
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