On Friday, Meta Platforms Inc (NASDAQ: META) opened lower -0.07% from the last session, before settling in for the closing price of $567.58. Price fluctuations for META have ranged from $301.85 to $602.95 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 19.99%. Company’s average yearly earnings per share was noted 50.15% at the time writing. With a float of $2.18 billion, this company’s outstanding shares have now reached $2.21 billion.
The extent of productivity of a business whose workforce counts for 67317 workers is very important to gauge. In terms of profitability, gross margin is 81.43%, operating margin of 40.68%, and the pretax margin is 40.91%.
Meta Platforms Inc (META) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Meta Platforms Inc is 13.75%, while institutional ownership is 67.29%. The most recent insider transaction that took place on Oct 30 ’24, was worth 252,073. In this transaction COB and CEO of this company sold 420 shares at a rate of $600.17, taking the stock ownership to the 518,004 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 413 for $567.58, making the entire transaction worth $234,411.
Meta Platforms Inc (META) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 50.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.70% during the next five years compared to 14.46% growth over the previous five years of trading.
Meta Platforms Inc (NASDAQ: META) Trading Performance Indicators
Check out the current performance indicators for Meta Platforms Inc (META). In the past quarter, the stock posted a quick ratio of 2.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.17. Likewise, its price to free cash flow for the trailing twelve months is 27.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 21.23, a number that is poised to hit 6.67 in the next quarter and is forecasted to reach 25.09 in one year’s time.
Technical Analysis of Meta Platforms Inc (META)
The latest stats from [Meta Platforms Inc, META] show that its last 5-days average volume of 18.59 million was superior to 15.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.27%. Additionally, its Average True Range was 13.37.
During the past 100 days, Meta Platforms Inc’s (META) raw stochastic average was set at 77.67%, which indicates a significant increase from 14.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.79% in the past 14 days, which was lower than the 30.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $556.12, while its 200-day Moving Average is $501.85. Now, the first resistance to watch is $573.03. This is followed by the second major resistance level at $578.91. The third major resistance level sits at $584.14. If the price goes on to break the first support level at $561.92, it is likely to go to the next support level at $556.69. The third support level lies at $550.81 if the price breaches the second support level.
Meta Platforms Inc (NASDAQ: META) Key Stats
There are currently 2,529,817K shares outstanding in the company with a market cap of 1433.13 billion. Presently, the company’s annual sales total 134,902 M according to its annual income of 39,098 M. Last quarter, the company’s sales amounted to 39,071 M and its income totaled 13,465 M.
