Meta Platforms Inc (NASDAQ:META)’s traded shares stood at 14.76 million during the last session, with the company’s beta value hitting 1.16. At the close of trading, the stock’s price was $501.80, to imply an increase of 1.54% or $7.63 in intraday trading. The META share’s 52-week high remains $531.49, putting it -5.92% down since that peak but still an impressive 58.72% since price per share fell to its 52-week low of $207.13. The company has a valuation of $1279.29B, with an average of 17.30 million shares over the past 3 months.
Meta Platforms Inc (NASDAQ:META) trade information
After registering a 1.54% upside in the last session, Meta Platforms Inc (META) has traded red over the past five days. The stock hit a weekly high of 520.19, jumping 1.54% in its intraday price action. The 5-day price performance for the stock is -4.08%, and 1.12% over 30 days. With these gigs, the year-to-date price performance is 41.77%.
Meta Platforms Inc (META) estimates and forecasts
Looking at statistics comparing Meta Platforms Inc share performance against respective industry, we note that the company has outperformed competitors. Meta Platforms Inc (META) shares are 54.88% up over the last 6 months, with its year-to-date growth rate higher than industry average at 35.71% against 20.50%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 14.46% for the past 5-year period. While 2024 is set for a 35.40% return in earnings, projections for the next 5 years are at 26.00% annually.
META Dividends
Meta Platforms Inc has its next earnings report out in May. 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. Meta Platforms Inc has a forward dividend ratio of 0.50, with the share yield ticking at 0.10% 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%.
