Meta Platforms Inc [META] stock is trading at $610.72, down -1.16%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The META shares have gain 4.31% over the last week, with a monthly amount drifted -2.09%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Meta Platforms Inc [NASDAQ: META] stock has seen the most recent analyst activity on January 06, 2025, when Jefferies reiterated its Buy rating and also boosted its price target to $715 from $675. Previously, Wolfe Research reaffirmed its Outperform rating on January 03, 2025, and elevated its price target to $730. On October 31, 2024, Pivotal Research Group reiterated its Buy rating and revised its price target to $800 on the stock. Monness Crespi & Hardt reiterated its Buy rating and increased its price target to $660 on October 31, 2024. Scotiabank initiated its recommendation with a Sector Perform. Cantor Fitzgerald reiterated a Overweight rating for this stock on October 09, 2024, and upped its price target to $670. In a note dated October 01, 2024, Pivotal Research Group initiated an Buy rating and provided a target price of $780 on this stock.
Meta Platforms Inc [META] stock has fluctuated between $352.05 and $638.40 over the past year. Currently, Wall Street analysts expect the stock to reach $629.28 within the next 12 months. Meta Platforms Inc [NASDAQ: META] shares were valued at $610.72 at the most recent close of the market. An investor can expect a potential return of 3.04% based on the average META price forecast.
Analyzing the META fundamentals
Meta Platforms Inc [NASDAQ:META] reported sales of 156.23B for the trailing twelve months, which represents a growth of 18.87%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.36 and Total Capital is 0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 603.53 points at the first support level, and at 596.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 617.18, and for the 2nd resistance point, it is at 623.63.
Ratios To Look Out For
For context, Meta Platforms Inc’s Current Ratio is 2.73. In addition, the Quick Ratio stands at 2.73 and the Cash Ratio stands at 1.32. Considering the valuation of this stock, the price to sales ratio is 9.87, the price to book ratio is 9.37 and price to earnings (TTM) ratio is 28.76.
Transactions by insiders
Recent insider trading involved Zuckerberg Mark, COB and CEO, that happened on Jan 08 ’25 when 35921.0 shares were sold. COB and CEO, Zuckerberg Mark completed a deal on Jan 07 ’25 to sell 12975.0 shares. Meanwhile, COB and CEO Zuckerberg Mark sold 22946.0 shares on Jan 07 ’25.
