Large-cap technology company Meta Platforms has moved 3.5% this evening, reaching $315.43 per share. In contrast, the average analyst target price for the stock is $362.48.
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. The company is based in the United States.
Make Sure to Consider the Following Before Buying Meta Platforms:
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Meta Platforms has moved 136.0% over the last year.
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META has a forward P/E ratio of 19.0 based on its EPS guidance of 16.63.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 8.1%.
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The company has a price to earnings growth (PEG) ratio of 0.71.
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Its Price to Book (P/B) ratio is 6.11
Meta Platforms Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ 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.
