Here's a Quick Look Into the Fundamentals of Meta Platforms (META) Stock

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:

  • Meta Platforms has moved 136.0% over the last year.

  • META has a forward P/E ratio of 19.0 based on its EPS guidance of 16.63.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 8.1%.

  • The company has a price to earnings growth (PEG) ratio of 0.71.

  • 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.