Very Critical Media Coverage Extremely Likely to Affect Facebook (FB) Stock Price

Press coverage about Facebook (NASDAQ:FB) has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Facebook earned a media sentiment score of -3.08 on their scale. InfoTrie also assigned media stories about the social networking company an news buzz score of 9 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the near future.

Here are some of the news stories that may have impacted Facebook’s ranking:

FB opened at $185.30 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.38 and a current ratio of 5.38. Facebook has a fifty-two week low of $123.02 and a fifty-two week high of $218.62. The stock has a market cap of $543.21 billion, a P/E ratio of 24.48, a PEG ratio of 1.15 and a beta of 0.93.

Facebook (NASDAQ:FB) last released its quarterly earnings results on Wednesday, April 24th. The social networking company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.80). Facebook had a net margin of 33.17% and a return on equity of 23.67%. The firm had revenue of $15.08 billion for the quarter, compared to the consensus estimate of $14.97 billion. During the same period in the previous year, the business earned $1.69 earnings per share. The firm’s revenue for the quarter was up 26.0% on a year-over-year basis. Equities research analysts predict that Facebook will post 8.05 EPS for the current fiscal year.

A number of equities research analysts have commented on the stock. BidaskClub upgraded shares of Facebook from a “hold” rating to a “buy” rating in a report on Friday, April 5th. Robert W. Baird raised their price target on shares of Facebook from $195.00 to $215.00 and gave the stock an “outperform” rating in a report on Thursday, April 25th. Zacks Investment Research raised shares of Facebook from a “hold” rating to a “buy” rating and set a $187.00 price objective on the stock in a research note on Monday, February 4th. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $250.00 price objective (up from $225.00) on shares of Facebook in a research note on Thursday, April 25th. Finally, Morgan Stanley raised their price objective on shares of Facebook from $190.00 to $195.00 and gave the company an “overweight” rating in a research note on Tuesday, April 9th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and forty-one have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $206.58.

In related news, VP Colin Stretch sold 750 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $180.08, for a total transaction of $135,060.00. Following the completion of the sale, the vice president now owns 97,872 shares in the company, valued at $17,624,789.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark Zuckerberg sold 294,100 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $178.29, for a total transaction of $52,435,089.00. The disclosure for this sale can be found here. Insiders have sold 1,552,312 shares of company stock worth $274,127,301 over the last three months. 14.53% of the stock is owned by insiders.

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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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