What Do You Need to Know About Meta Platforms (META) Before Investing?

By Chris Stiles • Wednesday, July 16 10:00 • Permanent Link

Meta Platforms logged a -0.7% change during today's morning session, and is now trading at a price of $705.26 per share. The S&P 500 index moved 0.0%. META's trading volume is 2,113,385 compared to the stock's average volume of 13,488,385.

Meta Platforms trades -3.3% away from its average analyst target price of $729.37 per share. The 63 analysts following the stock have set target prices ranging from $525.0 to $935.0, and on average have given Meta Platforms a rating of buy.

Anyone interested in buying META should be aware of the facts below:

Meta Platforms's current price is 264.2% above its Graham number of $193.67, which implies that at its current valuation it does not offer a margin of safety
Meta Platforms has moved 47.2% over the last year, and the S&P 500 logged a change of 10.6%
Based on its trailing earnings per share of 25.57, Meta Platforms has a trailing 12 month Price to Earnings (P/E) ratio of 27.6 while the S&P 500 average is 29.3
META has a forward P/E ratio of 27.9 based on its forward 12 month price to earnings (EPS) of $25.3 per share
Its Price to Book (P/B) ratio is 9.62 compared to its sector average of 4.19
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 and mixed reality headsets, augmented reality, and wearables worldwide.
Based in Menlo Park, the company has 76,834 full time employees and a market cap of $1.77 Trillion. Meta Platforms currently returns an annual dividend yield of 0.3%.

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.