Several analysts have recently updated their ratings and price targets for Facebook (NASDAQ: FB):
Facebook Inc. (NASDAQ:FB) traded up 0.02% during trading on Monday, hitting $120.41. 18,080,153 shares of the stock were exchanged. The stock has a market cap of $347.04 billion, a P/E ratio of 46.42 and a beta of 0.76. Facebook Inc. has a 12 month low of $89.37 and a 12 month high of $133.50. The stock’s 50 day moving average price is $125.27 and its 200 day moving average price is $122.55.
Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, November 2nd. The social networking company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.12. Facebook had a net margin of 30.32% and a return on equity of 16.51%. The company had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.90 billion. During the same period in the previous year, the firm earned $0.57 earnings per share. Facebook’s quarterly revenue was up 55.8% compared to the same quarter last year. Analysts forecast that Facebook Inc. will post $4.09 EPS for the current fiscal year.