During the recent session, Meta Platforms Inc. (NASDAQ:META)’s traded shares were 14.91 million, with the beta value of the company hitting 1.38. At the last check today, the stock’s price was $158.02, reflecting an intraday gain of 1.39% or $2.17. The 52-week high for the META share is $384.33, that puts it down -143.22 from that peak though still a striking 1.63% gain since the share price plummeted to a 52-week low of $155.44. The company’s market capitalization is $414.39B, and the average intraday trading volume over the past 10 days was 31.85 million shares, and the average trade volume was 31.93 million shares over the past three months.
Meta Platforms Inc. (META) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.00. META has a Sell rating from 1 analyst(s) out of 53 analysts who have looked at this stock. 13 analyst(s) recommend to Hold the stock while 5 suggest Overweight, and 34 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.
Meta Platforms Inc. (NASDAQ:META) trade information
Meta Platforms Inc. (META) registered a 1.39% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.39% in intraday trading to $158.02 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is -4.81%, and it has moved by -19.47% in 30 days. Based on these gigs, the overall price performance for the year is -54.03%.
The consensus price target of analysts on Wall Street is $285.54, which implies an increase of 44.66% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $185.00 and $553.00 respectively. As a result, META is trading at a discount of -249.96% off the target high and -17.07% off the low.
Meta Platforms Inc. (META) estimates and forecasts
Statistics show that Meta Platforms Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Meta Platforms Inc. (META) shares have gone down -52.11% during the last six months, with a year-to-date growth rate less than the industry average at -15.54% against 4.20.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 31.60%. While earnings are projected to return 36.40% in 2022, the next five years will return 7.53% per annum.
Meta Platforms Inc. is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.