Could Meta Platforms Inc’s (NASDAQ: META) Earnings Exceed Your Expectations?

In the last trading session, 17.21 million shares of the Meta Platforms Inc (NASDAQ:META) were traded, and its beta was 1.17. Most recently the company’s share price was $481.73, and it changed around $0.66 or 0.14% from the last close, which brings the market valuation of the company to $1228.13B. META currently trades at a discount to its 52-week high of $531.49, offering almost -10.33% off that amount. The share price’s 52-week low was $207.13, which indicates that the current value has risen by an impressive 57.0% since then. We note from Meta Platforms Inc’s average daily trading volume that its 3-month average coming to 17.33 million.

Meta Platforms Inc (NASDAQ:META) trade information

Instantly META has showed a green trend with a performance of 0.14% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 36.10% year-to-date, but still down -3.70% over the last five days. On the other hand, Meta Platforms Inc (NASDAQ:META) is -5.13% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $322.17, which translates to bulls needing to decrease their stock price by -49.53% from its current value. Analyst projections state that META is forecast to be at a low of $105 and a high of $600.

Meta Platforms Inc (META) estimates and forecasts

Meta Platforms Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 54.00 percent over the past six months and at a 35.71% annual growth rate that is well above the industry average of 20.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.46%. Meta Platforms Inc earnings are expected to increase by 35.50% in 2024, but the outlook is positive 26.00% per year for the next five years.

META Dividends

Meta Platforms Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 0.10 percent and its annual dividend per share was 0.50. It is important to note, however, that the 0.10% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.