Facebook Inc. [NASDAQ: FB] closed the trading session at $351.95 on 08/02/21. The day’s price range saw the stock hit a low of $350.74, while the highest price level was $359.40. The company report on July 29, 2021 that Facebook Reports Second Quarter 2021 Results.
Facebook, Inc. (Nasdaq: FB) reported financial results for the quarter ended June 30, 2021.
“We had a strong quarter as we continue to help businesses grow and people stay connected,” said Mark Zuckerberg, Facebook founder and CEO. “I’m excited to see our major initiatives around creators and community, commerce, and building the next computing platform coming together to start to bring the vision of the metaverse to life.”.
The stocks have a year to date performance of 28.84 percent and weekly performance of -5.51 percent. The stock has been moved at 34.33 percent over the last six months. The stock has performed -0.69 percent around the most recent 30 days and changed 9.10 percent over the most recent 3-months.
If compared to the average trading volume of 16.41M shares, FB reached to a volume of 12709416 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 $386.47 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.
Wells Fargo have made an estimate for Facebook Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 29, 2021. While these analysts kept the previous recommendation, Truist raised their target price from $400 to $425. The new note on the price target was released on July 29, 2021, representing the official price target for Facebook Inc. stock. Previously, the target price had yet another raise from $335 to $385, while Piper Sandler kept a Neutral rating on FB stock. On July 29, 2021, analysts increased their price target for FB shares from 375 to 405.
The Average True Range (ATR) for Facebook Inc. is set at 8.87, with the Price to Sales ratio for FB stock in the period of the last 12 months amounting to 9.58. The Price to Book ratio for the last quarter was 7.22, with the Price to Cash per share for the same quarter was set at 22.47. Price to Free Cash Flow for FB in the course of the last twelve months was 31.19 with Quick ratio for the last quarter at 5.40.
FB stock trade performance evaluation
Facebook Inc. [FB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.51. With this latest performance, FB shares dropped by -0.69% in over the last four-week period, additionally plugging by 34.33% over the last 6 months – not to mention a rise of 38.74% 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 50.50, with the RSI for the last a single of trading hit 46.49, and the three-weeks RSI is set at 52.86 for Facebook Inc. [FB]. The present Moving Average for the last 50 days of trading for this stock 342.64, while it was recorded at 361.53 for the last single week of trading, and 296.47 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 5.40 and a Current Ratio set at 5.40.
Earnings per share (EPS) analysis for Facebook Inc. [FB] stock
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 28.60%.
Facebook Inc. [FB]: Insider Ownership positions
There are presently around $665,739 million, or 80.20% 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 $55.59 billion in FB stocks shares; and FMR LLC, currently with $43.99 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 July and at the time of the July reporting period, where 1,621 institutional holders increased their position in Facebook Inc. [NASDAQ:FB] by around 81,277,693 shares. Additionally, 1,355 investors decreased positions by around 76,902,470 shares, while 354 investors held positions by with 1,733,393,287 shares. The mentioned changes placed institutional holdings at 1,891,573,450 shares, according to the latest SEC report filing. FB stock had 215 new institutional investments in for a total of 10,173,807 shares, while 121 institutional investors sold positions of 5,049,730 shares during the same period.