The price of Meta Platforms Inc (NASDAQ:META) shares last traded on Wall Street rose 0.45% to $549.74.
META stock price is now -7.62% away from the 50-day moving average and -4.93% away from the 200-day moving average. The market capitalization of the company currently stands at $1388.11B.
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With the price target reduced from $780 to $655, Citigroup maintained Buy rating for Meta Platforms Inc (NASDAQ: META). On April 10, 2025, Piper Sandler reiterated its ‘Overweight’ rating on the stock by increasing its target price from $775 to quote $610, while ‘The Benchmark Company’ rates the stock as ‘Buy’
In other news, Olivan Javier, Officer bought 608 shares of the company’s stock on Apr 28 ’25. The stock was bought for $337,768 at an average price of $555.54. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 22 ’25, Chief Legal Officer Newstead Jennifer sold 921 shares of the business’s stock. A total of $453,012 was realized by selling the stock at an average price of $491.87. This leaves the insider owning 27,498 shares of the company worth $15.12 million. A total of 13.76% of the company’s stock is owned by insiders.
During the past 12 months, Meta Platforms Inc has had a low of $427.11 and a high of $740.91. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 2.98, and a quick ratio of 2.98. According to the stock market information, the enterprise value for the company is $1364653244416, which is based on a 22.98 price-to-earnings ratio, a 2.19 price-to-earnings-growth ratio, and a beta of 1.24. The fifty day moving average price for META is $595.0748 and a two-hundred day moving average price translates $578.2518 for the stock.
The latest earnings results from Meta Platforms Inc (NASDAQ: META) was released for 2024-12-31. The net profit margin was 37.91% and return on equity was 37.14% for META. The company reported revenue of $48.39 billion for the quarter, compared to $40.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.63 percent.
