Facebook, Inc. Common Stock (FB) Getting Somewhat Critical Press Coverage, Analysis Finds

Press coverage about Facebook, Inc. Common Stock (NASDAQ:FB) has trended somewhat negative on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Facebook, Inc. Common Stock earned a media sentiment score of -0.05 on Accern’s scale. Accern also assigned media coverage about the social networking company an impact score of 42.823514661935 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several analysts have recently issued reports on FB shares. JPMorgan Chase & Co. reissued a “$210.91” rating and set a $242.00 price objective on shares of Facebook, Inc. Common Stock in a research note on Monday, July 23rd. Barclays reissued a “buy” rating and set a $190.00 price objective on shares of Facebook, Inc. Common Stock in a research note on Wednesday, June 27th. Macquarie reissued a “buy” rating and set a $200.00 price objective on shares of Facebook, Inc. Common Stock in a research note on Wednesday, June 27th. Zacks Investment Research raised shares of Facebook, Inc. Common Stock from a “hold” rating to a “buy” rating and set a $226.00 price objective for the company in a research note on Tuesday, June 26th. Finally, BidaskClub raised shares of Facebook, Inc. Common Stock from a “hold” rating to a “buy” rating in a research note on Saturday, June 23rd. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, thirty-eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $209.46.

Shares of Facebook, Inc. Common Stock stock traded up $2.82 during trading on Monday, reaching $177.46. The company had a trading volume of 17,857,400 shares, compared to its average volume of 28,320,518. The firm has a market cap of $507.34 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of 1.12 and a beta of 0.40. Facebook, Inc. Common Stock has a fifty-two week low of $149.02 and a fifty-two week high of $218.62.

Facebook, Inc. Common Stock (NASDAQ:FB) last released its quarterly earnings data on Wednesday, July 25th. The social networking company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.01). The business had revenue of $13.23 billion for the quarter, compared to analyst estimates of $13.35 billion. Facebook, Inc. Common Stock had a return on equity of 28.16% and a net margin of 39.31%. Facebook, Inc. Common Stock’s revenue was up 41.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.32 EPS. equities analysts expect that Facebook, Inc. Common Stock will post 7.08 EPS for the current year.

In other Facebook, Inc. Common Stock news, CFO David M. Wehner sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 20th. The shares were sold at an average price of $199.90, for a total value of $1,999,000.00. Following the completion of the transaction, the chief financial officer now owns 67,279 shares in the company, valued at approximately $13,449,072.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Mark Zuckerberg sold 720,000 shares of the company’s stock in a transaction dated Wednesday, July 18th. The stock was sold at an average price of $208.56, for a total transaction of $150,163,200.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,545,137 shares of company stock worth $2,435,291,940. 16.25% of the stock is owned by company insiders.

Facebook, Inc. Common Stock Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

See Also: Growth Stocks

Insider Buying and Selling by Quarter for Facebook, Inc. Common Stock (NASDAQ:FB)

Receive News & Ratings for Facebook Inc. Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook Inc. Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply