Facebook (FB) Given Daily News Sentiment Rating of 1.00
Press coverage about Facebook (NASDAQ:FB) has been trending somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Facebook earned a media sentiment score of 1.00 on their scale. InfoTrie also assigned news articles about the social networking company an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have effected Facebook’s analysis:
- Digital Marketing Company, fishbat, Discusses How Facebook Messenger Can Grow Your Brand and Drive Lead Generation (prnewswire.com)
- Facebook bans Philippines’ Twinmark Media Enterprises (feeds.reuters.com)
- Sheryl Sandberg Sells 55,000 Shares of Facebook, Inc. (FB) Stock (americanbankingnews.com)
- Your Next Amazon Package Could Include a Small Surprise (fool.com)
- Here are the Facebook execs who insiders think might leave next (businessinsider.com)
A number of research firms recently weighed in on FB. JPMorgan Chase & Co. raised their price objective on Facebook from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Tuesday, September 18th. Zacks Investment Research lowered Facebook from a “buy” rating to a “hold” rating in a research report on Thursday. BidaskClub raised Facebook from a “sell” rating to a “hold” rating in a research report on Thursday, September 27th. Aegis raised their price objective on Facebook from $206.00 to $215.00 and gave the company a “buy” rating in a research report on Wednesday, October 31st. Finally, Stifel Nicolaus reduced their price objective on Facebook from $202.00 to $186.00 and set a “buy” rating for the company in a research report on Wednesday, October 31st. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $186.92.
Facebook (NASDAQ:FB) last released its quarterly earnings results on Tuesday, October 30th. The social networking company reported $1.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.46 by $0.30. The firm had revenue of $13.73 billion for the quarter, compared to the consensus estimate of $13.82 billion. Facebook had a return on equity of 27.89% and a net margin of 37.57%. The company’s revenue for the quarter was up 32.9% on a year-over-year basis. During the same period last year, the business posted $1.59 EPS. As a group, research analysts predict that Facebook will post 7.37 earnings per share for the current year.
In related news, insider Susan J.S. Taylor sold 2,112 shares of Facebook stock in a transaction on Monday, November 19th. The stock was sold at an average price of $137.50, for a total transaction of $290,400.00. Following the transaction, the insider now directly owns 6,927 shares in the company, valued at $952,462.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Sheryl Sandberg sold 55,000 shares of Facebook stock in a transaction on Tuesday, January 8th. The shares were sold at an average price of $141.66, for a total value of $7,791,300.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 431,850 shares of company stock worth $60,909,341. Company insiders own 16.25% of the company’s stock.
Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.
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