Media coverage about Facebook (NASDAQ:FB) has trended somewhat positive recently, Alpha One Sentiment Analysis reports. Alpha One, a subsidiary of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Facebook earned a media sentiment score of 0.02 on Alpha One’s scale. Alpha One also assigned news stories about the social networking company an impact score of 71 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected AlphaOne’s rankings:
- Jim Cramer: Be Careful When Facebook Shares Are Elevated (finance.yahoo.com)
- Easy ways to try augmented reality (yahoo.com)
- [$$] Modern monopolists are redefining competition (finance.yahoo.com)
- Snapchat stiff-arms Facebook with purchase of geofilter patent (finance.yahoo.com)
- Apples And Oranges: Comparing Facebook’s Massive Numbers To A Bunch Of Other Stuff (finance.yahoo.com)
Shares of Facebook (NASDAQ:FB) traded down 0.08% during trading on Friday, reaching $143.68. The company had a trading volume of 12,177,482 shares. Facebook has a 1-year low of $106.31 and a 1-year high of $144.25. The firm has a 50-day moving average of $140.15 and a 200 day moving average of $129.41. The firm has a market capitalization of $415.23 billion, a PE ratio of 41.13 and a beta of 0.68. Facebook also was the target of unusually large options trading activity on Tuesday. Stock investors purchased 78,065 put options on the company. This represents an increase of 109% compared to the average volume of 37,299 put options.
Facebook (NASDAQ:FB) last issued its quarterly earnings results on Wednesday, February 1st. The social networking company reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.10. Facebook had a net margin of 34.33% and a return on equity of 19.05%. The business had revenue of $8.81 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same period in the previous year, the business posted $0.79 earnings per share. The business’s revenue was up 50.8% compared to the same quarter last year. Analysts expect that Facebook will post $5.44 earnings per share for the current year.
Several brokerages recently commented on FB. Vetr raised Facebook from a “hold” rating to a “buy” rating and set a $140.41 price objective for the company in a report on Thursday, February 16th. Credit Suisse Group AG lifted their price objective on Facebook from $165.00 to $170.00 and gave the stock an “outperform” rating in a report on Thursday, February 2nd. Aegis reaffirmed a “buy” rating on shares of Facebook in a report on Sunday, April 2nd. Piper Jaffray Companies set a $150.00 price objective on Facebook and gave the stock a “buy” rating in a report on Thursday, January 5th. Finally, Goldman Sachs Group Inc reaffirmed a “buy” rating and issued a $162.00 price objective on shares of Facebook in a report on Thursday, February 2nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, thirty-six have assigned a buy rating and four have issued a strong buy rating to the company. Facebook has a consensus rating of “Buy” and an average target price of $157.91.
In other Facebook news, VP Colin Stretch sold 750 shares of the company’s stock in a transaction dated Tuesday, January 24th. The shares were sold at an average price of $129.47, for a total transaction of $97,102.50. Following the transaction, the vice president now directly owns 76,209 shares in the company, valued at $9,866,779.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Sheryl Sandberg sold 327,000 shares of the company’s stock in a transaction dated Thursday, February 16th. The stock was sold at an average price of $133.39, for a total transaction of $43,618,530.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,012,117 shares of company stock worth $838,152,309. Company insiders own 19.08% of the company’s stock.
Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.
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