Technology

Analyst Viewpoints on Target Price: Facebook Inc (NASDAQ:FB)

Facebook Inc (NASDAQ:FB) shares traded 1.73% during the most recent session the stock exchanged hands 30.65M shares versus average trading capacity of 15.09M shares, yielding a market cap of $441.72B. Wall Street analysts covering the stock are projecting that the stock will reach $161.72 within the next 52-weeks. The mean target projections are based on 40 opinions, the mean target was last revised on 04/28/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Facebook Inc (NASDAQ:FB) high price target of $180.00 and with a conservative view have low price target of $98.00 with a standard deviation of $10.28. If seeing target price from optimistic overview then it has a 20 percent upside potential from the latest closing price of $150.25.

Facebook Inc (NASDAQ:FB) received “Reiterated” rating by Needham in a research note issued to investors on Apr-28-17 as Buy from $150 to $165.

Additionally on Apr-17-17 Facebook Inc (NASDAQ:FB) was “Reiterated” by Aegis Capital as Buy from $155 to $160 and on Mar-29-17 the stock was “Initiated” by Barclays as Overweight at $154. Furthermore on Mar-29-17 the stock was “Initiated” by Barclays as Overweight.

On the other hand the company has Relative Strength Index (RSI 14) of 82.98 along with Average True Range (ATR 14) of 1.83, Consequently Facebook Inc (NASDAQ:FB) weekly and monthly volatility is 1.13%, 1.03% respectively. The company’s beta value is at 0.68.

In terms of Buy, Sell or Hold recommendations, Facebook Inc (NASDAQ:FB) has an analysts’ mean recommendation of 1.70. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Facebook Inc (NASDAQ:FB) will report earnings of $1.12 for the current quarter on or around 5/3/2017 After Market Close, however the company’s high EPS estimates are $1.33 and low estimates are $0.9. However the company reported $0.77 earnings per share for the same quarter during last year.

Previously Facebook Inc (NASDAQ:FB) reported $1.24 earnings per share (EPS) for the quarter on 2/1/2017 After Market Close, beating the consensus estimate of $1.11 by $0.13. The company posted an earnings surprise of 11.71%.

While considering growth estimates of the company, it has next quarter growth estimates of 34.00% whereas during current quarter it has 45.50% estimations over growth, comparing to the estimations of 28.60% during current year and 23.50% for next year. Past 5 years growth of Facebook Inc (NASDAQ:FB) observed at 70.00%, looking forward for the next 5 years it has a strong prediction of 23.52% over growth.

Facebook Inc (NASDAQ:FB) revenue estimates for the current quarter are $7.83B according to 35 number of analysts, for the current quarter the company has high revenue estimates of $8.29B in contradiction of low revenue estimates of $7.49B. For the current year the company’s revenue estimates are $37.93B compared to low analyst estimates of $35.22B and high estimates of $40.75B according 41 number of analysts.

Currently Facebook Inc (NASDAQ:FB) shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 72.70%. However the six-month change in the insider ownership was recorded -81.67%, as well as three-month change in the institutional ownership was recorded 0.18%.

Facebook Inc (NASDAQ:FB) trading 1.69% away from its 52 week high of $147.75 and +38.82% far from the stock’s low point over the past 52 weeks, which was $108.23. The stock hit its 52-week high on 04/28/17, and 52-week low on 06/27/16. The company’s trailing twelve month income is 10.19B dollars.

Facebook Inc (NASDAQ:FB) trailing twelve month revenues are $27.64B, whereas its price to sales ratio for the same period is 15.44. Its book value per share for the most recent quarter is $20.55 while its price to book ratio for the same period is 7.31, as for as the company’s cash per share for the most recent quarter is $10.37, however its price to cash per share ratio for the same period is 14.49. The stock has a current PEG ratio of 1.84 where as its trailing twelve month P/E ratio is 43.25.

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