Facebook Inc. (NASDAQ:FB)’s traded shares stood at 6.65 million during the latest session, with the company’s beta value hitting 1.32. At the last check today, the stock’s price was $331.55, to imply an increase of 0.71% or $2.33 in intraday trading. The FB share’s 52-week high remains $384.33, putting it -15.92% down since that peak but still an impressive 26.22% since price per share fell to its 52-week low of $244.61. The company has a valuation of $918.42B, with average of 15.25 million shares over the past 3 months.
Analysts have given a consensus recommendation of an Overweight for Facebook Inc. (FB), translating to a mean rating of 1.90. Of 51 analyst(s) looking at the stock, 1 analyst(s) give FB a Sell rating. 5 of those analysts rate the stock as Overweight while 11 advise Hold as 34 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $3.17.
Facebook Inc. (NASDAQ:FB) trade information
After registering a 0.71% upside in the latest session, Facebook Inc. (FB) has traded red over the past five days. The stock hit a weekly high of 338.84 this Thursday, 10/07/21, jumping 0.71% in its intraday price action. The 5-day price performance for the stock is -3.00%, and -12.81% over 30 days. With these gigs, the year-to-date price performance is 20.52%.
Analysts on Wall Street suggest a consensus price target of $421.09, implying an increase of 21.26% to the stock’s recent value. The extremes give us $300.00 and $500.00 for target low and target high price respectively. As such, FB has been trading -50.81% off suggested target high and 9.52% from its likely low.
Facebook Inc. (FB) estimates and forecasts
Looking at statistics comparing Facebook Inc. share performance against respective industry, we note that the company has outperformed competitors. Facebook Inc. (FB) shares are 5.36% up over the last 6 months, with its year-to-date growth rate higher than industry average at 39.74% against 3.70%. Revenue is forecast to grow 17.00% this quarter before jumping 4.60% for the next one. The rating firms project that company’s revenue will grow 39.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 40 analysts is $29.53 billion. Meanwhile, for the quarter ending Dec 2021, a total of 40 analyst(s) estimate revenue growth to $34.84 billion.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 50.80% for the past 5-year period. While 2021 is set for a 57.00% return in earnings, projections for the next 5 years are at 28.60% annually.
Facebook Inc. has its next earnings report out on October 25. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Facebook Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Facebook Inc. (NASDAQ:FB)’s Major holders
Facebook Inc. insiders hold 0.60% of total outstanding shares, with institutional holders owning 80.62% of the shares at 81.11% float percentage. In total, 80.62% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Jun 29, 2021, the company held over 182.47 million shares (or 7.65% of shares), all amounting to roughly $63.45 billion.
The next major institution holding the largest number of shares is Blackrock Inc. with 155.42 million shares, or about 6.52% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $54.04 billion.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Facebook Inc. (FB) shares. Going by data provided on Jun 29, 2021, Vanguard Total Stock Market Index Fund holds roughly 67.67 million shares. This is just over 2.84% of the total shares, with a market valuation of $23.53 billion. Data from the same date shows that the other fund manager holds a little less at 49.76 million, or 2.09% of the shares, all valued at about 17.3 billion.