Meta Platforms Inc has a market cap of $1649.42 billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 2.02 and a yield of 0.31%, the company’s investors could be anxious for the META stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the META stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 51 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 8 have rated the Meta Platforms Inc (META) stock as a Hold, while 40 rate it as a Buy. 2 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the META stock currently stands at 2.54, and the most recent price level today is 15.73% off its SMA20 and 13.92% from its 50-day simple moving average. The RSI (14) is pointing at 69.76 while the volatility over the past week is 2.75% and jumps to 3.19% over the past one month. The beta value is 1.27, while the average true range (ATR) is currently pointing at 23.88. The average price target for the stock over the next 12 months is $725, with the estimates having a low of $670 and a high of $935. These price ends are -2.13% and -42.52% off the today’s price level respectively, although investors could be excited at the prospect of a -10.51% if the META share price touches on the median price of $725.
