Meta Platforms Inc (NASDAQ:META)’s traded shares stood at 7.36 million during the latest session, with the company’s beta value hitting 1.23. At the last check today, the stock’s price was $594.37, to imply an increase of 3.87% or $22.16 in intraday trading. The META share’s 52-week high remains $740.91, putting it -24.65% down since that peak but still an impressive 27.27% since price per share fell to its 52-week low of $432.28. The company has a valuation of $1500.80B, with an average of 18.47 million shares in intraday trading volume over the past 10 days and average of 18.46 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Meta Platforms Inc (META), translating to a mean rating of 1.43. Of 51 analyst(s) looking at the stock, 1 analyst(s) give META a Sell rating. 2 of those analysts rate the stock as Overweight while 8 advise Hold as 40 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 5.78.
Meta Platforms Inc (NASDAQ:META) trade information
After registering a 3.87% upside in the latest session, Meta Platforms Inc (META) has traded red over the past five days. The 5-day price performance for the stock is 8.61%, and 1.79% over 30 days. With these gigs, the year-to-date price performance is 1.51%. Short interest in Meta Platforms Inc (NASDAQ:META) saw shorts transact 31.51 million shares and set a 1.45 days time to cover.
The extremes give us $670 and $935 for target low and target high price respectively. As such, META has been trading -57.31% off suggested target high and -12.72% from its likely low.
Meta Platforms Inc (META) estimates and forecasts
The rating firms project that company’s revenue will grow 13.62% compared to the previous financial year.
Revenue forecast for the current quarter as set by 41 analysts is 44.42B. Meanwhile, for the current quarter, a total of 40 analyst(s) estimate revenue growth to 45.69B.Earnings reports from the last fiscal year show that sales brought in 39.07B and 40.59B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 13.69% before jumping 12.56% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 29.99% for the past 5-year period. While 2025 is set for a 6.32% return in earnings, projections for the next 5 years are at 10.44% annually.
META Dividends
Meta Platforms Inc has its next earnings report out on 2025-Apr-29. 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 2.02, with the share yield ticking at 0.34% to continue the rising pattern observed over the past year.
Meta Platforms Inc (NASDAQ:META)’s Major holders
Meta Platforms Inc insiders hold 0.09% of total outstanding shares, with institutional holders owning 79.78% of the shares at 79.85% float percentage. In total, 79.78% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 189.31 million shares (or 7.4707% of shares), all amounting to roughly $95.45 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 161.11 million shares, or about 6.3579% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $81.23 billion.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Meta Platforms Inc (META) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 68.3 shares. This is just over 3.13% of the total shares, with a market valuation of $40.55 billion. Data from the same date shows that the other fund manager holds a little less at 59.01, or 2.71% of the shares, all valued at about 35.03 billion.
