Meta Platforms Inc (NASDAQ: META) on Friday, plunged -1.66% from the previous trading day, before settling in for the closing price of $630.79. Within the past 52 weeks, META’s price has moved between $328.64 and $638.40.
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A company in the Communication Services sector has jumped its sales by 19.99% annually for the last half of the decade. The company achieved an average annual earnings per share of 52.39%. With a float of $2.17 billion, this company’s outstanding shares have now reached $2.18 billion.
In an organization with 67317 employees, it is important to assess its efficiency. 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 Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Meta Platforms Inc is 13.90%, while institutional ownership is 67.13%. The most recent insider transaction that took place on Dec 13 ’24, was worth 22,351,458. Before that another transaction happened on Dec 10 ’24, when Company’s Chief Legal Officer sold 905 for $618.00, making the entire transaction worth $559,290. This insider now owns 35,630 shares in total.
Meta Platforms Inc (META) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.00% 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
Meta Platforms Inc (META) is currently performing well based on its current performance indicators. A quick ratio of 2.73 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.86. Likewise, its price to free cash flow for the trailing twelve months is 29.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 21.23, a number that is poised to hit 6.73 in the next quarter and is forecasted to reach 25.38 in one year’s time.
Technical Analysis of Meta Platforms Inc (META)
Let’s dig in a bit further. During the last 5-days, its volume was 9.83 million. That was inferior than the volume of 14.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.54%. Additionally, its Average True Range was 14.88.
During the past 100 days, Meta Platforms Inc’s (META) raw stochastic average was set at 90.78%, which indicates a significant increase from 77.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.16% in the past 14 days, which was lower than the 26.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $584.50, while its 200-day Moving Average is $522.33. However, in the short run, Meta Platforms Inc’s stock first resistance to watch stands at $628.66. Second resistance stands at $636.97. The third major resistance level sits at $642.85. If the price goes on to break the first support level at $614.46, it is likely to go to the next support level at $608.58. Assuming the price breaks the second support level, the third support level stands at $600.27.
Meta Platforms Inc (NASDAQ: META) Key Stats
Market capitalization of the company is 1539.85 billion based on 2,524,489K outstanding shares. Right now, sales total 134,902 M and income totals 39,098 M. The company made 40,589 M in profit during its latest quarter, and 15,688 M in sales during its previous quarter.
