Meta Platforms Inc (NASDAQ: META) open the trading on Wednesday, with a bit cautious approach as it glided -0.52% to $493.50, before settling in for the price of $496.10 at the close. Taking a more long-term approach, META posted a 52-week range of $207.13-$531.49.
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The Communication Services sector firm’s twelve-monthly sales growth has been 19.99% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 14.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 35.30%. This publicly-traded company’s shares outstanding now amounts to $2.21 billion, simultaneously with a float of $2.18 billion. The organization now has a market capitalization sitting at $1253.74 billion. At the time of writing, stock’s 50-day Moving Average stood at $495.42, while the 200-day Moving Average is $371.62.
Meta Platforms Inc (META) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Internet Content & Information industry. Meta Platforms Inc’s current insider ownership accounts for 14.03%, in contrast to 67.61% institutional ownership. According to the most recent insider trade that took place on Apr 19 ’24, this organization’s Chief Operating Officer sold 490 shares at the rate of 501.18, making the entire transaction reach 245,578 in total value, affecting insider ownership by 7,089. Preceding that transaction, on Apr 16 ’24, Company’s Chief Legal Officer sold 585 for 498.59, making the whole transaction’s value amount to 291,675. This particular insider is now the holder of 37,813 in total.
Meta Platforms Inc (META) Earnings and Revenue Records
Meta Platforms Inc’s EPS increase for this current 12-month fiscal period is 35.30% and is forecasted to reach 23.22 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 26.00% through the next 5 years, which can be compared against the 14.46% growth it accomplished over the previous five years trading on the market.
Meta Platforms Inc (NASDAQ: META) Trading Performance Indicators
Let’s observe the current performance indicators for Meta Platforms Inc (META). It’s Quick Ratio in the last reported quarter now stands at 2.67. The Stock has managed to achieve an average true range (ATR) of 16.29. Alongside those numbers, its PE Ratio stands at $33.13, and its Beta score is 1.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.29. Similarly, its price to free cash flow for trailing twelve months is now 28.59.
In the same vein, META’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 14.90, a figure that is expected to reach 4.72 in the next quarter, and analysts are predicting that it will be 23.22 at the market close of one year from today.
Technical Analysis of Meta Platforms Inc (META)
[Meta Platforms Inc, META] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 34.82% While, its Average True Range was 17.38.
Raw Stochastic average of Meta Platforms Inc (META) in the period of the previous 100 days is set at 82.56%, which indicates a major rise in contrast to 34.60% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.81% that was lower than 39.59% volatility it exhibited in the past 100-days period.
