Meta Platforms Inc (NASDAQ: META) on Monday, soared 1.91% from the previous trading day, before settling in for the closing price of $647.49. Within the past 52 weeks, META’s price has moved between $385.66 and $652.00.
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Annual sales at Communication Services sector company grew by 18.34% over the past five years. The company achieved an average annual earnings per share of 52.67%. With a float of $2.18 billion, this company’s outstanding shares have now reached $2.18 billion.
Let’s look at the performance matrix of the company that is accounted for 67317 employees. 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
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Meta Platforms Inc is 13.79%, while institutional ownership is 67.20%. The most recent insider transaction that took place on Jan 24 ’25, was worth 23,160,574. In this transaction COB and CEO of this company sold 35,921 shares at a rate of $644.76, taking the stock ownership to the 0 shares. Before that another transaction happened on Jan 23 ’25, when Company’s COB and CEO sold 35,921 for $628.97, making the entire transaction worth $22,593,215. This insider now owns 0 shares in total.
Meta Platforms Inc (META) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.54% 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 10.66. Likewise, its price to free cash flow for the trailing twelve months is 31.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 21.23, a number that is poised to hit 6.76 in the next quarter and is forecasted to reach 25.35 in one year’s time.
Technical Analysis of Meta Platforms Inc (META)
Meta Platforms Inc (NASDAQ: META) saw its 5-day average volume 16.26 million, a positive change from its year-to-date volume of 14.18 million. As of the previous 9 days, the stock’s Stochastic %D was 95.76%. Additionally, its Average True Range was 18.88.
During the past 100 days, Meta Platforms Inc’s (META) raw stochastic average was set at 97.63%, which indicates a significant increase from 94.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.42% in the past 14 days, which was higher than the 26.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $601.33, while its 200-day Moving Average is $537.29. Nevertheless, the first resistance level for the watch stands at $674.13 in the near term. At $688.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $712.90. If the price goes on to break the first support level at $635.36, it is likely to go to the next support level at $610.85. The third support level lies at $596.59 if the price breaches the second support level.
Meta Platforms Inc (NASDAQ: META) Key Stats
Market capitalization of the company is 1665.86 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.