A number of firms have modified their ratings and price targets on shares of Facebook (NASDAQ: FB) recently:
Shares of Facebook Inc. (NASDAQ:FB) opened at 128.47 on Thursday. The firm has a market cap of $368.92 billion, a PE ratio of 61.41 and a beta of 0.77. Facebook Inc. has a 12 month low of $89.37 and a 12 month high of $131.98. The stock has a 50 day moving average price of $127.30 and a 200 day moving average price of $119.52.
Facebook (NASDAQ:FB) last posted its quarterly earnings data on Wednesday, July 27th. The social networking company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.15. Facebook had a net margin of 27.07% and a return on equity of 14.38%. The firm earned $6.44 billion during the quarter, compared to analysts’ expectations of $6 billion. During the same quarter in the previous year, the company posted $0.50 EPS. Facebook’s revenue was up 59.2% on a year-over-year basis. On average, equities research analysts expect that Facebook Inc. will post $3.94 EPS for the current year.