Meta Platforms logged a -0.3% change during today's afternoon session, and is now trading at a price of $298.26 per share. On average, analysts give it a target price of $363.27.
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. The large-cap company is based in the United States.
What to Consider if You Are Thinking of Buying Meta Platforms:
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Meta Platforms has moved 84.0% over the last year.
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META has a forward P/E ratio of 17.9 based on its EPS guidance of 16.7.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 8.2%.
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The company has a price to earnings growth (PEG) ratio of 0.72.
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Its Price to Book (P/B) ratio is 5.78
Meta Platforms Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-02 | 50,475,000 | -31,186,000 | 81,661,000 | 7.1 |
| 2022-02-03 | 57,683,000 | -18,567,000 | 76,250,000 | 41.57 |
| 2021-01-28 | 38,747,000 | -15,115,000 | 53,862,000 | 4.76 |
| 2020-01-30 | 36,314,000 | -15,102,000 | 51,416,000 | 19.05 |
| 2019-01-31 | 29,274,000 | -13,915,000 | 43,189,000 | 39.55 |
| 2018-02-01 | 24,216,000 | -6,733,000 | 30,949,000 |
Meta Platforms's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $56.22 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.
