News stories about Facebook (NASDAQ:FB) have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis.The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources.public negative five to positive five, with scores nearest Facebook earned a media sentiment score of 0.64 gave media headlines about the social networking company 0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have effected Facebook’s ranking:
Get Facebook alerts: Facebook’s (FB) “Buy” Rating Reiterated at Tigress Financial (americanbankingnews.com) Key Words: Facebook fundraiser kicked off after Heisman speech by LSU quarterback Burrow has raised nearly $500,000 for Ohio food bank (marketwatch.com) Corinna Kopf Leaving Twitch to Stream Exclusively on Facebook Gaming – Variety (variety.com) How to invite people to like a Facebook page in 4 simple steps – Business Insider (businessinsider.com) Facebook’s Libra cryptocurrency project has failed in its current form, says Swiss president – CNBC (cnbc.com) FB opened at $208.10 on Friday.The business has a 50 day simple moving average of $199.22 and a two-hundred day simple moving average of $191.01.The firm has a market capitalization of $592.56 billion, a price-to-earnings ratio of 27.49, a PEG ratio of 1.18 and a beta of 1.05.The company has a debt-to-equity ratio of 0.09, a current ratio of 4.66 and a quick ratio of 4.66.Facebook has a one year low of $128.56 and a one year high of $208.93.
Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, October 30th.
The social networking company reported $2.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.91 by $0.21.
The firm had revenue of $17.65 billion for the quarter, compared to analyst estimates of $17.35 billion.Facebook had a return on equity of 20.39% and a net margin of 27.08%.The business’s quarterly revenue was up 28.6% compared to the same quarter last year.During the same period last year, the company earned $1.76 EPS.As a group, sell-side analysts expect that Facebook will post 8.48 EPS for the current fiscal year.
FB has been the topic of several research reports.Deutsche Bank boosted their target price on Facebook from $260.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th.
BidaskClub upgraded shares of Facebook from a “hold” rating to a “buy” rating in a research note on Tuesday.Rosenblatt Securities set a $242.00 target price on Facebook and gave the stock a “buy” rating in a research note on Tuesday, October 15th.Stifel Nicolaus upgraded shares of Facebook from a “hold” rating to a “buy” rating and increased their price target for the company from $215.00 to $240.00 in a research report on Thursday, December 5th.They noted that the move was a valuation call.Finally, Mizuho reduced their price target on shares of Facebook from $247.00 to $240.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st.Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and forty-three have issued a buy rating to the stock.The company currently has a consensus rating of “Buy” and a consensus target price of $231.82.
In other Facebook news, VP Jennifer Newstead sold 260 shares of Facebook stock in a transaction that occurred on Tuesday, December 17th.
The stock was sold at an average price of $198.93, for a total transaction of $51,721.80.Following the sale, the vice president now directly owns 2,086 shares of the company’s stock, valued at approximately $414,967.98.The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
Also, CEO Mark Zuckerberg sold 76,484 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd.The stock was sold at an average price of $175.34, for a total value of $13,410,704.56.The disclosure for this sale can be found here .In the last 90 days, insiders have sold 2,202,146 shares of company stock valued at $409,959,113.
14.53% of the stock is owned by corporate insiders.
About Facebook
Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide.The company’s products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.
See Also: Float.
