Media headlines about Facebook (NASDAQ:FB) have been trending negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Facebook earned a media sentiment score of -2.81 on their scale. InfoTrie also gave media coverage about the social networking company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Facebook’s score:
A number of analysts recently weighed in on FB shares. DZ Bank upgraded shares of Facebook from a “hold” rating to a “buy” rating in a report on Tuesday, April 30th. Wedbush restated an “outperform” rating and set a $220.00 target price (up from $200.00) on shares of Facebook in a report on Monday, April 22nd. Oppenheimer raised their target price on shares of Facebook from $195.00 to $225.00 and gave the stock an “outperform” rating in a report on Thursday, April 25th. Deutsche Bank raised their target price on shares of Facebook from $205.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. Finally, SunTrust Banks raised their target price on shares of Facebook to $215.00 and gave the stock a “buy” rating in a report on Thursday, April 25th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and forty-two have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $210.44.
FB stock opened at $175.04 on Thursday. Facebook has a 12-month low of $123.02 and a 12-month high of $218.62. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.38 and a quick ratio of 5.38. The company has a market capitalization of $508.38 billion, a price-to-earnings ratio of 23.12, a P/E/G ratio of 1.10 and a beta of 0.96.
Facebook (NASDAQ:FB) last released its earnings results on Wednesday, April 24th. The social networking company reported $0.85 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.80). Facebook had a return on equity of 23.67% and a net margin of 33.17%. The company had revenue of $15.08 billion during the quarter, compared to analysts’ expectations of $14.97 billion. During the same quarter in the previous year, the company earned $1.69 EPS. The firm’s quarterly revenue was up 26.0% compared to the same quarter last year. On average, research analysts expect that Facebook will post 8 earnings per share for the current fiscal year.
In other news, COO Sheryl Sandberg sold 55,000 shares of the stock in a transaction on Monday, June 10th. The shares were sold at an average price of $175.82, for a total transaction of $9,670,100.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CRO David B. Fischer sold 11,572 shares of the stock in a transaction on Friday, May 31st. The stock was sold at an average price of $180.28, for a total transaction of $2,086,200.16. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,551,104 shares of company stock valued at $275,456,299. Insiders own 14.53% of the company’s stock.
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Facebook Company Profile
Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.
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