We're taking a closer look at Meta Platforms today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved 0.5% compared to 0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
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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.
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Meta Platforms has moved 174.9% over the last year compared to 16.2% for the S&P 500 -- a difference of 158.6%
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META has an average analyst rating of buy and is -3.02% away from its mean target price of $346.27 per share
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Its trailing 12 month earnings per share (EPS) is $11.33
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Meta Platforms has a trailing 12 month Price to Earnings (P/E) ratio of 29.6 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $16.15 and its forward P/E ratio is 20.8
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META has a Price to Earnings Growth (PEG) ratio of 0.83, which shows the company is very undervalued compared to its earnings growth estimates.
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The company has a Price to Book (P/B) ratio of 6.04 in contrast to the S&P 500's average ratio of 2.95
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Meta Platforms is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92
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Meta Platforms has on average reported free cash flows of $25.96 Billion over the last four years, during which time they have grown by an an average of 9.1%