Ready to Jump After Recent Trade: Meta Platforms Inc (META)

With 9.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.88 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $563.8273 whereas the lowest price it dropped to was $554.59. The 52-week range on META shows that it touched its highest point at $602.95 and its lowest point at $313.66 during that stretch. It currently has a 1-year price target of $653.57. With its current market cap of 1401.37 billion, META has annualized dividend of $1.50 while the current yield stands at 0.27%. META paid its most recent dividend on 1726444800, while the ex-dividend date for that was 1726444800. Beta for the stock currently stands at 1.20.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of META was up-trending over the past week, with a rise of 0.91%, but this was down by -1.52% over a month. Three-month performance surged to 7.30% while six-month performance rose 16.92%. The stock gained 63.74% in the past year, while it has gained 57.97% so far this year. A look at the trailing 12-month EPS for META yields 21.23 with Next year EPS estimates of 25.35. For the next quarter, that number is 6.72. This implies an EPS growth rate of 52.33% for this year and 11.92% for next year. EPS is expected to grow by 18.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 14.46%.

Float and Shares Shorts:

At present, 2.21 billion META shares are outstanding with a float of 2.18 billion shares on hand for trading. On 2024-10-31, short shares totaled 30.5 million, which was 121.0 higher than short shares on 1727654400. In addition to Mr. Mark Elliot Zuckerberg as the firm’s Founder, Chairman & CEO, Ms. Susan J. S. Li serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.79410005 of META’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, META reported revenue of $40589000000.0 and operating income of $17350000000.0. The EBITDA in the recently reported quarter was $22046000000.0 and diluted EPS was $6.03.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for META since 51 analysts follow the stock currently. There are 40 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 2 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With META analysts setting a high price target of 811.0 and a low target of 475.0, the average target price over the next 12 months is 648.35046. Based on these targets, META could surge 45.04% to reach the target high and fall by -15.05% to reach the target low. Reaching the average price target will result in a growth of 15.95% from current levels.

Analysts have provided yearly estimates in a range of $23.15242 being high and $21.63029 being low. For META, this leads to a yearly average estimate of $22.65172.