Quite a few analysts at Wedbush have already given their estimate for Q1 earnings of FB in a 13th April report that was then sent out to investors. Y. Arounian believes that the company will be earning an EPS of $2.47 for this quarter. The company currently has a rating of neutral with a price target set at $340.
The Stock Commentary of FB
There have been quite a few research equities that have commented on the stocks of FB. Oppenheimer has already increased the price target of the company from $345 to $350 with a rating of outperform in a 28th January research note. Loop Capital has also increased the price target of the company from $330 to $370 with a buy rating in a 16th February research note.
Barclays has also increased the price target of the company from $325 to $350 with a rating of overweight in a 28th January research note. Pivotal Research has also increased the price target of the company from $315 to $340 with a rating of hold in a 28th January research note. In the end, JPMorgan Chase & Co increased the price target of the company from $330 to $360 with a rating of overweight in a 28th January note.
One of the investment analysts covering the firm has already given the company a rating of sell, while six others have given the company a rating of hold. Thirty-six other investment analysts have given the company a rating of buy. Currently, FB has a buy rating with a $326.78 price target.
The stocks of FB traded on Friday at $307.82. The year low of the company is $168.34, with a year high of around $315.88. The moving average price of the company over a period of 50 days is $282.75, with a moving average price of the company over 200 days set at $276.63. The market cap of the company is $876.57 billion, with a 35.06 PE ratio, along with a 1.29 PEG ratio.
