Meta Platforms, Inc. (META)
- Previous Close
501.80 - Open
502.26 - Bid 480.86 x 100
- Ask 481.21 x 100
- Day's Range
475.73 - 502.26 - 52 Week Range
207.13 - 531.49 - Volume
25,082,902 - Avg. Volume
17,331,471 - Market Cap (intraday)
1.226T - Beta (5Y Monthly) 1.18
- PE Ratio (TTM)
32.40 - EPS (TTM)
14.85 - Earnings Date Apr 24, 2024
- Forward Dividend & Yield 2.00 (0.40%)
- Ex-Dividend Date Feb 21, 2024
- 1y Target Est
531.54
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
investor.fb.com67,317
Full Time Employees
December 31
Fiscal Year Ends
Sector
Internet Content & Information
Industry
Recent News: META
Related Videos: META
Performance Overview: META
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: META
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: META
Valuation Measures
Market Cap
1.22T
Enterprise Value
1.19T
Trailing P/E
32.35
Forward P/E
23.81
PEG Ratio (5yr expected)
1.09
Price/Sales (ttm)
9.38
Price/Book (mrq)
7.97
Enterprise Value/Revenue
8.84
Enterprise Value/EBITDA
20.19
Financial Highlights
Profitability and Income Statement
Profit Margin
28.98%
Return on Assets (ttm)
15.11%
Return on Equity (ttm)
28.04%
Revenue (ttm)
134.9B
Net Income Avi to Common (ttm)
39.1B
Diluted EPS (ttm)
14.85
Balance Sheet and Cash Flow
Total Cash (mrq)
65.4B
Total Debt/Equity (mrq)
24.76%
Levered Free Cash Flow (ttm)
32.47B
Research Analysis: META
Analyst Price Targets
Fair Value
Analyst Recommendations
Earnings
Research Reports: META
Technical Assessment: Neutral in the Intermediate-Term
Ever so quietly, commodity prices are starting to percolate and, impressively, this action is occurring with a rising U.S. Dollar Index (USD). What would be happening if the USD was in a downtrend or reversing lower? We might be back in the 1970s, which was not a pretty time for the stock market, inflation, and interest rates.
Technical Assessment: Neutral in the Intermediate-Term
We are one session away from making it 17 out of 19 weeks in which stocks have moved to the upside. We've been throwing grenades at this move for a while, based on overbought and divergent momentum readings and excessive sentiment readings -- and it just does not matter. Yes, price is the final arbiter!
Analyst Report: Meta Platforms, Inc.
Meta is the world’s largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm’s total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.
RatingBearishPrice TargetWeekly Stock List
Stock indices dipped in October 2023, with the S&P 500 falling a sharp 10% off summer highs. Looking at 13F filings of big institutional portfolios, we see that the big guns were busy last quarter taking advantage of that dip. Citadel Advisors went on a buying spree, adding to its $100 billion portfolio across a range of sectors. As did D.E. Shaw, adding to its $67 billion portfolio. Vickers Stock Research, a subsidiary of Argus Research Group, analyzes insider trading and institutional stock ownership. Form 13-Fs, which institutions must file to report their holdings, are due 45 days after the end of calendar quarters and have come in for 4Q24. We review 13Fs of major activists to determine core holdings and new purchases. Activist investing is now less about generating a short-term return and more about achieving long-term returns through an active management/investor partnership. Based on data from Vickers, here are some recent new purchases and key holdings of activist investors, as well as other high-profile money managers.