HSBC Securities slashes price target on Meta Platforms Inc. [FB] – find out why.

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Meta Platforms Inc. [NASDAQ: FB] traded at a low on 01/07/22, posting a -0.20 loss after which it closed the day’ session at $331.79. The company report on January 4, 2022 that Meta to Announce Fourth Quarter and Full Year 2021 Results.

Meta Platforms, Inc. (NASDAQ: FB) announced today that the company’s fourth quarter and full year 2021 financial results will be released after market close on Wednesday, February 2, 2022.


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Meta will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company’s earnings press release, financial tables, and slide presentation.

The results of the trading session contributed to over 14463421 shares changing hands. Over the past one week, the price volatility of Meta Platforms Inc. stands at 3.16% while the volatility over the past one month is 2.80%.

The market cap for FB stock reached $924.82 billion, with 2.81 billion shares outstanding and 2.35 billion shares in the current float. Compared to the average trading volume of 22.30M shares, FB reached a trading volume of 14463421 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Meta Platforms Inc. [FB]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FB shares is $401.49 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 1.90. 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.

HSBC Securities have made an estimate for Meta Platforms Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 06, 2021. While these analysts kept the previous recommendation, UBS raised their target price from $416 to $425. The new note on the price target was released on December 02, 2021, representing the official price target for Meta Platforms Inc. stock. Previously, the target price had yet another raise to $400, while Rosenblatt analysts kept a Buy rating on FB stock. On October 26, 2021, analysts decreased their price target for FB shares from 425 to 400.

The Average True Range (ATR) for Meta Platforms Inc. is set at 10.19, with the Price to Sales ratio for FB stock in the period of the last 12 months amounting to 8.23. 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 20.83. Price to Free Cash Flow for FB in the course of the last twelve months was 25.83 with Quick ratio for the last quarter at 4.20.

How has FB stock performed recently?

Meta Platforms Inc. [FB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.36. With this latest performance, FB shares gained by 0.37% in over the last four-week period, additionally sinking by -6.05% over the last 6 months – not to mention a rise of 24.00% 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 48.18, with the RSI for the last a single of trading hit 46.56, and the three-weeks RSI is set at 48.71 for Meta Platforms Inc. [FB]. The present Moving Average for the last 50 days of trading for this stock 332.99, while it was recorded at 332.70 for the last single week of trading, and 336.65 for the last 200 days.

Meta Platforms Inc. [FB]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Meta Platforms Inc. [FB] shares currently have an operating margin of +38.01 and a Gross Margin at +80.58. Meta Platforms 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, Meta Platforms 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, Meta Platforms 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.Meta Platforms Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.20 and a Current Ratio set at 4.20.

Earnings analysis for Meta Platforms Inc. [FB]

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 Meta Platforms Inc. go to 21.35%.

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Insider trade positions for Meta Platforms Inc. [FB]

There are presently around $609,597 million, or 80.10% of FB stock, in the hands of institutional investors. The top three institutional holders of FB stocks are: VANGUARD GROUP INC with ownership of 182,892,992, which is approximately 0.234% of the company’s market cap and around 0.60% of the total institutional ownership; BLACKROCK INC., holding 155,888,681 shares of the stock with an approximate value of $51.72 billion in FB stocks shares; and FMR LLC, currently with $42.24 billion in FB stock with ownership of nearly 0.146% of the company’s market capitalization.

Positions in Meta Platforms Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 1,549 institutional holders increased their position in Meta Platforms Inc. [NASDAQ:FB] by around 44,438,858 shares. Additionally, 1,345 investors decreased positions by around 68,381,440 shares, while 442 investors held positions by with 1,724,477,185 shares. The mentioned changes placed institutional holdings at 1,837,297,483 shares, according to the latest SEC report filing. FB stock had 139 new institutional investments in for a total of 6,714,759 shares, while 116 institutional investors sold positions of 5,341,019 shares during the same period.