On Friday, Meta Platforms Inc (NASDAQ: META) opened higher 0.90% from the last session, before settling in for the closing price of $599.24. Price fluctuations for META have ranged from $343.17 to $638.40 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 18.34%. Company’s average yearly earnings per share was noted 52.40% at the time writing. With a float of $2.17 billion, this company’s outstanding shares have now reached $2.18 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 13.89%, while institutional ownership is 67.14%. The most recent insider transaction that took place on Jan 03 ’25, was worth 21,695,406. Before that another transaction happened on Dec 31 ’24, when Company’s Chief Legal Officer sold 905 for $591.76, making the entire transaction worth $535,543. This insider now owns 32,915 shares in total.
Meta Platforms Inc (META) Latest Financial update
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
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 9.86. 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)
The latest stats from [Meta Platforms Inc, META] show that its last 5-days average volume of 9.05 million was inferior to 12.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.06%. Additionally, its Average True Range was 15.01.
During the past 100 days, Meta Platforms Inc’s (META) raw stochastic average was set at 76.35%, which indicates a significant increase from 47.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.68% in the past 14 days, which was higher than the 24.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $588.73, while its 200-day Moving Average is $529.13. Now, the first resistance to watch is $610.62. This is followed by the second major resistance level at $616.60. The third major resistance level sits at $623.70. If the price goes on to break the first support level at $597.53, it is likely to go to the next support level at $590.43. The third support level lies at $584.44 if the price breaches the second support level.
Meta Platforms Inc (NASDAQ: META) Key Stats
There are currently 2,524,489K shares outstanding in the company with a market cap of 1539.81 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 40,589 M and its income totaled 15,688 M.
