In the latest trading session, Facebook closed at $145.39, marking a +1.11% move from the previous day. This change outpaced the S&P 500's 0.53% loss on the day. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Coming into today, shares of the social media company had lost 0.83% in the past month. In that same time, the Computer and Technology sector lost 1.88%, while the S&P 500 lost 1.47%.
FB will be looking to display strength as it nears its next earnings release, which is expected to be January 30, 2019. In that report, analysts expect FB to post earnings of $2.17 per share. This would mark a year-over-year decline of 1.36%. Our most recent consensus estimate is calling for quarterly revenue of $16.41 billion, up 26.47% from the year-ago period.
Investors might also notice recent changes to analyst estimates for FB. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.11% lower within the past month. FB is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note FB's current valuation metrics, including its Forward P/E ratio of 19.62. This valuation marks a discount compared to its industry's average Forward P/E of 26.6.
It is also worth noting that FB currently has a PEG ratio of 0.91. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Services industry currently had an average PEG ratio of 2.18 as of yesterday's close.
The Internet - Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Facebook (FB) Gains As Market Dips: What You Should Know
In the latest trading session, Facebook closed at $145.39, marking a +1.11% move from the previous day. This change outpaced the S&P 500's 0.53% loss on the day. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Coming into today, shares of the social media company had lost 0.83% in the past month. In that same time, the Computer and Technology sector lost 1.88%, while the S&P 500 lost 1.47%.
FB will be looking to display strength as it nears its next earnings release, which is expected to be January 30, 2019. In that report, analysts expect FB to post earnings of $2.17 per share. This would mark a year-over-year decline of 1.36%. Our most recent consensus estimate is calling for quarterly revenue of $16.41 billion, up 26.47% from the year-ago period.
Investors might also notice recent changes to analyst estimates for FB. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.11% lower within the past month. FB is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note FB's current valuation metrics, including its Forward P/E ratio of 19.62. This valuation marks a discount compared to its industry's average Forward P/E of 26.6.
It is also worth noting that FB currently has a PEG ratio of 0.91. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Services industry currently had an average PEG ratio of 2.18 as of yesterday's close.
The Internet - Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.