Facebook (FB) Getting Somewhat Negative Media Coverage, Analysis Shows

Media coverage about Facebook (NASDAQ:FB) has been trending somewhat negative this week, Accern reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Facebook earned a coverage optimism score of -0.04 on Accern’s scale. Accern also gave headlines about the social networking company an impact score of 44.806040437345 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Facebook (NASDAQ:FB) traded up $4.33 during mid-day trading on Wednesday, hitting $177.48. 12,030,000 shares of the stock traded hands, compared to its average volume of 26,910,000. Facebook has a 1 year low of $132.55 and a 1 year high of $195.32. The stock has a market capitalization of $515,580.00, a P/E ratio of 32.93, a PEG ratio of 0.92 and a beta of 0.58.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, January 31st. The social networking company reported $2.20 EPS for the quarter, topping the consensus estimate of $1.96 by $0.24. Facebook had a net margin of 39.16% and a return on equity of 26.49%. The firm had revenue of $12.97 billion for the quarter, compared to the consensus estimate of $12.58 billion. analysts anticipate that Facebook will post 7.22 earnings per share for the current fiscal year.

Several equities analysts recently commented on FB shares. Credit Suisse Group reaffirmed an “outperform” rating and set a $232.00 target price (up previously from $230.00) on shares of Facebook in a report on Monday, January 8th. Stifel Nicolaus cut shares of Facebook from a “buy” rating to a “hold” rating in a research report on Friday, January 12th. Barclays lifted their price target on shares of Facebook from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Robert W. Baird set a $225.00 price target on shares of Facebook and gave the company a “buy” rating in a research report on Thursday, February 1st. Finally, Atlantic Securities set a $215.00 price objective on shares of Facebook and gave the company a “buy” rating in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, forty-two have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $214.70.

In other Facebook news, CEO Mark Zuckerberg sold 232,138 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $183.08, for a total transaction of $42,499,825.04. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Christopher K. Cox sold 16,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $179.63, for a total transaction of $2,874,080.00. Following the transaction, the insider now owns 56,622 shares in the company, valued at approximately $10,171,009.86. The disclosure for this sale can be found here. Insiders sold 1,270,505 shares of company stock worth $229,088,067 in the last 90 days. 17.23% of the stock is currently owned by company insiders.

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Facebook Company Profile

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

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