On Friday, Meta Platforms Inc (NASDAQ: META) trading session started at the price of On Friday, that was -0.59% drop from the session before settling in for the closing price of $603.35. A 52-week range for META has been $340.01 – $638.40.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 19.99%. When this article was written, the company’s average yearly earnings per share was at 52.40%. With a float of $2.17 billion, this company’s outstanding shares have now reached $2.18 billion.
Considering the fact that the conglomerate employs 67317 people, you should pay attention to its efficiency factor. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Meta Platforms Inc stocks. The insider ownership of Meta Platforms Inc is 13.89%, while institutional ownership is 67.13%. The most recent insider transaction that took place on Dec 27 ’24, was worth 1,387,075. Before that another transaction happened on Dec 23 ’24, when Company’s Chief Operating Officer sold 413 for $590.00, making the entire transaction worth $243,670. This insider now owns 17,927 shares in total.
Meta Platforms Inc (META) Earnings and Forecasts
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 52.40% 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
You can see what Meta Platforms Inc (META) is doing with its current performance indicators. In the most recent 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 9.63. Likewise, its price to free cash flow for the trailing twelve months is 28.81.
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)
Compared to the last year’s volume of 14.75 million, its volume of 15.62 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 43.80%. Additionally, its Average True Range was 15.26.
During the past 100 days, Meta Platforms Inc’s (META) raw stochastic average was set at 74.53%, which indicates a significant increase from 33.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.42% in the past 14 days, which was higher than the 25.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $587.32, while its 200-day Moving Average is $527.07. Nevertheless, the first resistance level for the watch stands at $604.51 in the near term. At $609.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $616.56. If the price goes on to break the first support level at $592.46, it is likely to go to the next support level at $585.10. Should the price break the second support level, the third support level stands at $580.41.
Meta Platforms Inc (NASDAQ: META) Key Stats
There are 2,524,489K outstanding shares of the company, which has a market capitalization of 1505.04 billion. As of now, sales total 134,902 M while income totals 39,098 M. Its latest quarter income was 40,589 M while its last quarter net income were 15,688 M.
