Facebook Inc. (NASDAQ:FB) has a beta value of 1.32 and has seen 7.72 million shares traded in the recent trading session. The company, currently valued at $956.45B, closed the recent trade at $339.40 per share which meant it gained $4.06 on the day or 1.21% during that session. The FB stock price is -13.24% off its 52-week high price of $384.33 and 27.93% above the 52-week low of $244.61. The 3-month trading volume is 15.96 million shares.
The consensus among analysts is that Facebook Inc. (FB) is an Overweight stock at the moment, with a recommendation rating of 1.90. 1 analysts rate the stock as a Sell, while 5 rate it as Overweight. 11 out of 51 have rated it as a Hold, with 34 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $3.17.
Facebook Inc. (NASDAQ:FB) trade information
Sporting 1.21% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, 10/18/21 when the FB stock price touched $339.40 or saw a rise of 0.39%. Year-to-date, Facebook Inc. shares have moved 22.76%, while the 5-day performance has seen it change 3.04%. Over the past 30 days, the shares of Facebook Inc. (NASDAQ:FB) have changed -8.06%.
Wall Street analysts have a consensus price target for the stock at $421.09, which means that the shares’ value could jump 19.4% from the levels at last check today. The projected low price target is $300.00 while the price target rests at a high of $500.00. In that case, then, we find that the latest price level in today’s session is -47.32% off the targeted high while a plunge would see the stock lose 11.61% from the levels at last check today.
Facebook Inc. (FB) estimates and forecasts
Figures show that Facebook Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 10.80% over the past 6 months, with this year growth rate of 40.34%, compared to 3.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 17.00% and 4.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 39.00%.
38 analysts offering their estimates for the company have set an average revenue estimate of $29.55 billion for the current quarter. 38 have an estimated revenue figure of $34.87 billion for the next quarter concluding in Dec 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 50.80% over the past 5 years. Earnings growth for 2021 is a modest 57.00% while over the next 5 years, the company’s earnings are expected to increase by 28.60%.
Facebook Inc. is expected to release its next earnings report between October 27 and November 01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Facebook Inc. (NASDAQ:FB)’s Major holders
Insiders own 0.60% of the company shares, while shares held by institutions stand at 80.61% with a share float percentage of 81.10%. Investors are also buoyed by the number of investors in a company, with Facebook Inc. having a total of 4,204 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 182.47 million shares worth more than $63.45 billion. As of Jun 29, 2021, Vanguard Group, Inc. (The) held 7.65% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 155.42 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $54.04 billion and represent 6.52% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Jun 29, 2021, the former fund manager holds about 2.84% shares in the company for having 67.67 million shares of worth $23.53 billion while later fund manager owns 49.76 million shares of worth $17.3 billion as of Jun 29, 2021, which makes it owner of about 2.09% of company’s outstanding stock.