Meta Platforms, Inc. (NASDAQ:META – Free Report) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Meta Platforms in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan anticipates that the social networking company will post earnings per share of $25.53 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $720.00 price objective on the stock. The consensus estimate for Meta Platforms’ current full-year earnings is $22.96 per share.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The social networking company reported $6.03 EPS for the quarter, topping analysts’ consensus estimates of $5.19 by $0.84. The business had revenue of $40.59 billion for the quarter, compared to analysts’ expectations of $40.21 billion. Meta Platforms had a return on equity of 35.60% and a net margin of 35.55%.
Check Out Our Latest Stock Report on META
Meta Platforms Stock Performance
Shares of Meta Platforms stock opened at $636.45 on Wednesday. Meta Platforms has a 12 month low of $385.66 and a 12 month high of $638.40. The company has a current ratio of 2.73, a quick ratio of 2.73 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $600.06 and a two-hundred day simple moving average of $559.30. The firm has a market capitalization of $1.61 trillion, a P/E ratio of 29.98, a P/E/G ratio of 1.16 and a beta of 1.19.
Meta Platforms Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 16th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.31%. The ex-dividend date was Monday, December 16th. Meta Platforms’s dividend payout ratio (DPR) is 9.42%.
Insider Buying and Selling
In other Meta Platforms news, CEO Mark Zuckerberg sold 35,921 shares of the firm’s stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $626.80, for a total value of $22,515,282.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Aaron Anderson sold 731 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $557.00, for a total transaction of $407,167.00. Following the sale, the chief accounting officer now directly owns 3,414 shares of the company’s stock, valued at $1,901,598. The trade was a 17.64 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 568,016 shares of company stock valued at $346,031,180. Corporate insiders own 13.71% of the company’s stock.
Institutional Investors Weigh In On Meta Platforms
Several hedge funds and other institutional investors have recently bought and sold shares of the company. JDM Financial Group LLC purchased a new stake in shares of Meta Platforms in the 3rd quarter valued at $30,000. Safe Harbor Fiduciary LLC acquired a new position in Meta Platforms in the third quarter valued at approximately $36,000. Avondale Wealth Management purchased a new stake in Meta Platforms in the fourth quarter valued at $41,000. Halpern Financial Inc. purchased a new stake in Meta Platforms in the third quarter valued at approximately $46,000. Finally, West Financial Advisors LLC acquired a new position in Meta Platforms in the third quarter valued at $49,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Meta Platforms Company Profile
Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.
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