News stories about Facebook (NASDAQ:FB) have trended negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Facebook earned a media sentiment score of -2.40 on their scale. InfoTrie also assigned media coverage about the social networking company an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Facebook’s score:
Shares of NASDAQ FB opened at $201.05 on Monday. Facebook has a one year low of $123.02 and a one year high of $208.66. The business’s 50-day moving average price is $193.94 and its two-hundred day moving average price is $188.51. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.66 and a quick ratio of 4.66. The company has a market capitalization of $568.52 billion, a P/E ratio of 26.56, a price-to-earnings-growth ratio of 1.14 and a beta of 1.05.
Facebook (NASDAQ:FB) last announced its quarterly earnings results on Wednesday, October 30th. The social networking company reported $2.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.91 by $0.21. Facebook had a return on equity of 20.39% and a net margin of 27.08%. The business had revenue of $17.65 billion during the quarter, compared to analyst estimates of $17.35 billion. During the same period in the previous year, the company earned $1.76 EPS. The firm’s revenue was up 28.6% on a year-over-year basis. On average, equities analysts anticipate that Facebook will post 8.48 EPS for the current year.
A number of equities research analysts have weighed in on the stock. UBS Group cut their price target on shares of Facebook from $240.00 to $235.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Wells Fargo & Co set a $260.00 price objective on shares of Facebook and gave the stock a “buy” rating in a research note on Friday, November 1st. ValuEngine upgraded shares of Facebook from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd. SunTrust Banks raised their target price on shares of Facebook from $235.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. They noted that the move was a valuation call. Finally, BMO Capital Markets decreased their price target on shares of Facebook from $197.00 to $185.00 and set a “market perform” rating on the stock in a research report on Thursday, October 31st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and forty-two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $228.80.
In related news, VP Jennifer Newstead sold 260 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $197.37, for a total value of $51,316.20. Following the transaction, the vice president now directly owns 2,606 shares of the company’s stock, valued at approximately $514,346.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO David B. Fischer sold 11,638 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $202.00, for a total value of $2,350,876.00. The disclosure for this sale can be found here. Insiders sold 3,247,226 shares of company stock valued at $603,908,828 over the last quarter. Corporate insiders own 14.53% of the company’s stock.
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.
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