In the past week, META stock has gone up by 1.91%, with a monthly gain of 7.11% and a quarterly surge of 15.57%. The volatility ratio for the week is 2.08%, and the volatility levels for the last 30 days are 2.61% for Meta Platforms Inc The simple moving average for the past 20 days is 6.41% for META’s stock, with a 27.26% simple moving average for the past 200 days.

Is It Worth Investing in Meta Platforms Inc (NASDAQ: META) Right Now?

The price-to-earnings ratio for Meta Platforms Inc (NASDAQ: META) is above average at 29.57x, while the 36-month beta value is 1.21.Analysts have differing opinions on the stock, with 45 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 1 as “sell.”

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

The average price point forecasted by analysts for Meta Platforms Inc (META) is $377.22, which is $42.18 above the current market price. The public float for META is 2.21B, and currently, short sellers hold a 1.44% ratio of that floaft. The average trading volume of META on November 20, 2023 was 20.66M shares.

META) stock’s latest price update

The stock of Meta Platforms Inc (NASDAQ: META) has increased by 0.25 when compared to last closing price of 334.19. Despite this, the company has experienced a 1.91% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-11-19 that In the shifting sands of the current stock market, discerning investors continue to navigate a labyrinth of uncertainties. Yet, the allure of long-term growth stocks remains undiminished.

Analysts’ Opinion of META

Many brokerage firms have already submitted their reports for META stocks, with Seaport Research Partners repeating the rating for META by listing it as a “Buy.” The predicted price for META in the upcoming period, according to Seaport Research Partners is $365 based on the research report published on October 24, 2023 of the current year 2023.

META Trading at 7.80% from the 50-Day Moving Average

After a stumble in the market that brought META to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.99% of loss for the given period.

Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares surge +8.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.47% upper at present.

During the last 5 trading sessions, META rose by +1.91%, which changed the moving average for the period of 200-days by +77.49% in comparison to the 20-day moving average, which settled at $316.18. In addition, Meta Platforms Inc saw 178.41% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at META starting from LI SUSAN J, who sale 17,660 shares at the price of $329.10 back on Nov 16. After this action, LI SUSAN J now owns 84,133 shares of Meta Platforms Inc, valued at $5,811,906 using the latest closing price.

Bosworth Andrew, the Chief Technology Officer of Meta Platforms Inc, sale 10,923 shares at $327.92 during a trade that took place back on Nov 16, which means that Bosworth Andrew is holding 10,271 shares at $3,581,847 based on the most recent closing price.

Stock Fundamentals for META

Current profitability levels for the company are sitting at:

The net margin for Meta Platforms Inc stands at +19.90. The total capital return value is set at 22.96, while invested capital returns managed to touch 16.02. Equity return is now at value 22.27, with 15.05 for asset returns.

Based on Meta Platforms Inc (META), the company’s capital structure generated 21.70 points at debt to equity in total, while total debt to capital is 17.83. Total debt to assets is 14.69, with long-term debt to equity ratio resting at 20.50. Finally, the long-term debt to capital ratio is 16.84.

When we switch over and look at the enterprise to sales, we see a ratio of 6.67, with the company’s debt to enterprise value settled at 0.09. The receivables turnover for the company is 8.48 and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.

Conclusion

In a nutshell, Meta Platforms Inc (META) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.