Large-cap technology company Meta Platforms has moved -0.3% this evening, reaching $349.28 per share. In contrast, the average analyst target price for the stock is $372.82.
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. The company is based in the United States.
What to Consider if You Are Thinking of Buying Meta Platforms:
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Meta Platforms has moved 192.6% over the last year.
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META has a forward P/E ratio of 20.1 based on its EPS guidance of 17.39.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 7.0%.
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The company has a price to earnings growth (PEG) ratio of 0.75.
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Its Price to Book (P/B) ratio is 6.29
Meta Platforms Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 66,220,000 | 28,644,000 | 37,576,000 | 97.31 |
| 2022 | 50,475,000 | 31,431,000 | 19,044,000 | -51.16 |
| 2021 | 57,683,000 | 18,690,000 | 38,993,000 | 65.34 |
| 2020 | 38,747,000 | 15,163,000 | 23,584,000 | 11.18 |
| 2019 | 36,314,000 | 15,102,000 | 21,212,000 | 38.11 |
| 2018 | 29,274,000 | 13,915,000 | 15,359,000 |
The firm's free cash flows have a decent average of $25.96 Billion over the last 6 years. The compounded average growth rate over this period is 9.1%, with a year-on-year growth variability coefficient of 210.8%.
