Facebook Inc. [NASDAQ: FB] closed the trading session at $328.73 on 05/28/21. The day’s price range saw the stock hit a low of $328.33, while the highest price level was $332.8684. The company report on April 29, 2021 that Facebook Reports First Quarter 2021 Results.
Facebook, Inc. (Nasdaq: FB) reported financial results for the quarter ended March 31, 2021.
“We had a strong quarter as we helped people stay connected and businesses grow,” said Mark Zuckerberg, Facebook founder and CEO. “We will continue to invest aggressively to deliver new and meaningful experiences for years to come, including in newer areas like augmented and virtual reality, commerce, and the creator economy.”.
The stocks have a year to date performance of 20.34 percent and weekly performance of 3.95 percent. The stock has been moved at 19.28 percent over the last six months. The stock has performed -0.24 percent around the most recent 30 days and changed 24.09 percent over the most recent 3-months.
If compared to the average trading volume of 20.00M shares, FB reached to a volume of 12024673 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Facebook Inc. [FB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FB shares is $385.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FB stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Facebook Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 10, 2021. While these analysts kept the previous recommendation, Wedbush dropped their target price from $375 to $340. The new note on the price target was released on April 14, 2021, representing the official price target for Facebook Inc. stock. Previously, the target price had yet another raise to $370, while Evercore ISI analysts kept a Outperform rating on FB stock.
The Average True Range (ATR) for Facebook Inc. is set at 7.06, with the Price to Sales ratio for FB stock in the period of the last 12 months amounting to 9.99. The Price to Book ratio for the last quarter was 7.00, with the Price to Cash per share for the same quarter was set at 22.37. Price to Free Cash Flow for FB in the course of the last twelve months was 39.05 with Quick ratio for the last quarter at 6.10.
FB stock trade performance evaluation
Facebook Inc. [FB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.95. With this latest performance, FB shares dropped by -0.24% in over the last four-week period, additionally plugging by 19.28% over the last 6 months – not to mention a rise of 46.04% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FB stock in for the last two-week period is set at 61.67, with the RSI for the last a single of trading hit 63.46, and the three-weeks RSI is set at 60.60 for Facebook Inc. [FB]. The present Moving Average for the last 50 days of trading for this stock 308.02, while it was recorded at 328.31 for the last single week of trading, and 279.79 for the last 200 days.
Facebook Inc. [FB]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Facebook Inc. [FB] shares currently have an operating margin of +38.01 and a Gross Margin at +80.58. Facebook Inc.’s Net Margin is presently recorded at +33.90.
Return on Total Capital for FB is now 25.97, given the latest momentum, and Return on Invested Capital for the company is 23.38. Return on Equity for this stock inclined to 25.42, with Return on Assets sitting at 19.92. When it comes to the capital structure of this company, Facebook Inc. [FB] has a Total Debt to Total Equity ratio set at 8.71. Additionally, FB Total Debt to Total Capital is recorded at 8.01, with Total Debt to Total Assets ending up at 7.02. Long-Term Debt to Equity for the company is recorded at 7.86, with the Long-Term Debt to Total Capital now at 7.23.
Reflecting on the efficiency of the workforce at the company, Facebook Inc. [FB] managed to generate an average of $497,338 per employee. Receivables Turnover for the company is 8.24 with a Total Asset Turnover recorded at a value of 0.59.Facebook Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.10 and a Current Ratio set at 6.10.
Earnings per share (EPS) analysis for Facebook Inc. [FB] stock
With the latest financial reports released by the company, Facebook Inc. posted 1.8/share EPS, while the average EPS was predicted by analysts to be reported at 1.39/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 29.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Facebook Inc. go to 23.70%.
Facebook Inc. [FB]: Insider Ownership positions
There are presently around $622,190 million, or 80.50% of FB stock, in the hands of institutional investors. The top three institutional holders of FB stocks are: VANGUARD GROUP INC with ownership of 183,156,795, which is approximately 0.16% of the company’s market cap and around 0.58% of the total institutional ownership; BLACKROCK INC., holding 157,946,327 shares of the stock with an approximate value of $51.92 billion in FB stocks shares; and FMR LLC, currently with $41.09 billion in FB stock with ownership of nearly 1.338% of the company’s market capitalization.
Positions in Facebook Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,579 institutional holders increased their position in Facebook Inc. [NASDAQ:FB] by around 81,894,225 shares. Additionally, 1,444 investors decreased positions by around 79,849,304 shares, while 314 investors held positions by with 1,730,963,609 shares. The mentioned changes placed institutional holdings at 1,892,707,138 shares, according to the latest SEC report filing. FB stock had 223 new institutional investments in for a total of 10,434,638 shares, while 150 institutional investors sold positions of 5,836,643 shares during the same period.