Meta Platforms, Inc. (META)
- Previous Close
481.73 - Open
491.25 - Bid 495.68 x 100
- Ask 496.09 x 100
- Day's Range
488.97 - 498.76 - 52 Week Range
207.13 - 531.49 - Volume
14,814,912 - Avg. Volume
17,353,866 - Market Cap (intraday)
1.258T - Beta (5Y Monthly) 1.18
- PE Ratio (TTM)
33.32 - EPS (TTM)
14.89 - Earnings Date Apr 24, 2024
- Forward Dividend & Yield 2.00 (0.42%)
- Ex-Dividend Date Feb 21, 2024
- 1y Target Est
500.12
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. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California
investor.fb.com67,317
Full Time Employees
December 31
Fiscal Year Ends
Sector
Internet Content & Information
Industry
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Performance Overview: META
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: META
Valuation Measures
Market Cap
1.22T
Enterprise Value
1.19T
Trailing P/E
32.40
Forward P/E
23.87
PEG Ratio (5yr expected)
1.09
Price/Sales (ttm)
9.39
Price/Book (mrq)
7.98
Enterprise Value/Revenue
8.85
Enterprise Value/EBITDA
20.22
Financial Highlights
Profitability and Income Statement
Profit Margin
28.98%
Return on Assets (ttm)
15.11%
Return on Equity (ttm)
28.04%
Revenue (ttm)
134.9B
Net Income Avi to Common (ttm)
39.1B
Diluted EPS (ttm)
14.89
Balance Sheet and Cash Flow
Total Cash (mrq)
65.4B
Total Debt/Equity (mrq)
24.76%
Levered Free Cash Flow (ttm)
32.47B
Research Analysis: META
Company Insights: META
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: META
The Argus Innovation Model Portfolio
The United States economy is full of innovation. It has to be. Manufacturing industries that dominated the economy decades ago - textiles, televisions, even automobiles to a large degree - have moved overseas, where labor and materials costs are lower. Yet the U.S. economy, even during the pandemic and the current period of high inflation, has expanded to record levels. If U.S. corporations weren't innovating, creating new products (such as vaccines and AI) and services (such as Zoom calls) and moving into new markets, the domestic economy would not be growing, and capital would not be flooding into the country. The current high level of the U.S. dollar relative to currencies around the world attests to the confidence that global investors have in the durable and innovative U.S. economy.
Technical Assessment: Neutral in the Intermediate-Term
Ever so quietly, commodity prices are starting to percolate and, impressively, this action is occurring with a rising U.S. Dollar Index (USD). What would be happening if the USD was in a downtrend or reversing lower? We might be back in the 1970s, which was not a pretty time for the stock market, inflation, and interest rates.
Technical Assessment: Neutral in the Intermediate-Term
We are one session away from making it 17 out of 19 weeks in which stocks have moved to the upside. We've been throwing grenades at this move for a while, based on overbought and divergent momentum readings and excessive sentiment readings -- and it just does not matter. Yes, price is the final arbiter!
Analyst Report: Meta Platforms, Inc.
Meta is the world’s largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm’s total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.
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