Meta Platforms Inc (NASDAQ:META) shares, rose in value, with the stock price down by -0.16% to the previous day’s close as strong demand from buyers drove the stock to $724.23.
Actively observing the price movement in the recent trading, the stock is buoying the session at $725.38, falling within a range of $719.8601 and $724.6656. The value of beta (5-year monthly) is 1.215 whereas the PE ratio is 30.27 over 12-month period. Referring to stock’s 52-week performance, its high was $727.10, and the low was $414.50. On the whole, META has fluctuated by 21.87% over the past month.
With the market capitalization of Meta Platforms Inc currently standing at about $1835.13 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 0.28%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 188.49B, with a low estimate of 40.38B and a high estimate of 42.72B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 41.45B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that META’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.64, with the price of META currently trading nearly 6.86% and 13.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 80.78, while the 7-day volatility ratio is showing 1.88% which for the 30-day chart, stands at 2.79%. Furthermore, Meta Platforms Inc (META)’s beta value is 1.22, and its average true range (ATR) is 17.19.
A comparison of Meta Platforms Inc (META) with its peers suggests the former has fared considerably weaker in the market. META showed an intraday change of -0.16% in today’s session so far, and over the past year, it grew by 54.45%%.
Data on historical trading for Meta Platforms Inc (NASDAQ:META) indicates that the trading volumes over the past 10 days have averaged 16.91 and over the past 3 months, they’ve averaged 13.66 million. According to company’s latest data on outstanding shares, there are 2.19 billion shares outstanding.
Nearly 13.87% of Meta Platforms Inc’s shares belong to company insiders and institutional investors own 67.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 25.75 million shares as on 2025-01-15, resulting in a short ratio of 1.93. According to the data, the short interest in Meta Platforms Inc (META) stood at 118.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 29.33 million. The stock has risen by 23.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the META stock heading into the next quarter.
