Meta Platforms (META)
(Delayed Data from NSDQ)
$476.20 USD
+0.78 (0.16%)
Updated May 10, 2024 04:00 PM ET
After-Market: $474.72 -1.48 (-0.31%) 7:58 PM ET
3-Hold of 5 3
C Value A Growth C Momentum B VGM
Company Summary
Meta Platforms is the world’s largest social media platform. The company’s portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions. Along with in-house developed Messenger, these apps now form Meta’s family of products used by almost 3.24 billion people on a daily basis as of Mar 31, 2024.
Headquartered in Menlo Park, CA, Meta generated revenues worth $134.9 billion in 2023. Advertisement accounted for 97.8% of revenues. Marketers buy ads that can appear on multiple platforms including Meta, ...
Company Summary
Meta Platforms is the world’s largest social media platform. The company’s portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions. Along with in-house developed Messenger, these apps now form Meta’s family of products used by almost 3.24 billion people on a daily basis as of Mar 31, 2024.
Headquartered in Menlo Park, CA, Meta generated revenues worth $134.9 billion in 2023. Advertisement accounted for 97.8% of revenues. Marketers buy ads that can appear on multiple platforms including Meta, Instagram, Messenger and third-party applications and websites.
Meta, thanks to its huge user base gained a significant market share in the advertising space wherein it faces tough competition from Google, Twitter, Amazon and Snapchat-parent Snap.
Meta also faces significant competition from the likes of Apple (messaging), YouTube (advertising and video), Bytedance (social media) and Tencent (messaging and social media).
Meta core app enables people to connect, share, discover and communicate with one other on mobile devices and personal computers. User engagement on core Meta platform is fostered by News Feed that displays an algorithmically-ranked series of stories and advertisements customized for each user.
Instagram is a community for sharing photos, videos and messages, enabling people to discover interests that they care about. People can express themselves through photos, videos and private messaging via Instagram Feed and Stories.
Messenger helps people to connect with friends, family, groups and businesses across platforms and devices. WhatsApp is a simple, reliable and secure messaging application, used by people and businesses around the world to communicate in a private way.
Meta also offers virtual reality (VR) products through its Oculus division.
General Information
Meta Platforms, Inc
1 META WAY
MENLO PARK, CA 94025
Phone: 650-543-4800
Fax: NA
Web: NA
Email: investor@fb.com
Industry | Internet - Software |
Sector | Computer and Technology |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 4.66 |
Current Year EPS Consensus Estimate | 20.10 |
Estimated Long-Term EPS Growth Rate | 19.10 |
Exp Earnings Date | 7/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 475.42 |
52 Week High | 531.49 |
52 Week Low | 231.45 |
Beta | 1.21 |
20 Day Moving Average | 20,682,214.00 |
Target Price Consensus | 516.39 |
4 Week | -6.97 |
12 Week | 0.61 |
YTD | 34.53 |
4 Week | -8.74 |
12 Week | -3.57 |
YTD | 22.87 |
Shares Outstanding (millions) | 2,536.53 |
Market Capitalization (millions) | 1,207,897.63 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.42% |
Annual Dividend | $2.00 |
Payout Ratio | 0.11 |
Change in Payout Ratio | 0.11 |
Last Dividend Payout / Amount | 2/21/2024 / $0.50 |
Fundamental Ratios
P/E (F1) | 23.69 |
Trailing 12 Months | 26.97 |
PEG Ratio | 1.24 |
vs. Previous Year | 78.41% |
vs. Previous Quarter | -11.63% |
vs. Previous Year | 27.26% |
vs. Previous Quarter | -9.11% |
Price/Book | 8.08 |
Price/Cash Flow | 24.15 |
Price / Sales | 8.46 |
3/31/24 | 32.03 |
12/31/23 | 29.48 |
9/30/23 | 26.40 |
3/31/24 | 21.21 |
12/31/23 | 19.54 |
9/30/23 | 17.55 |
3/31/24 | 2.68 |
12/31/23 | 2.67 |
9/30/23 | 2.57 |
3/31/24 | 2.68 |
12/31/23 | 2.67 |
9/30/23 | 2.57 |
3/31/24 | 32.52 |
12/31/23 | 30.31 |
9/30/23 | 27.41 |
3/31/24 | 32.06 |
12/31/23 | 28.98 |
9/30/23 | 23.42 |
3/31/24 | 38.05 |
12/31/23 | 35.16 |
9/30/23 | 28.96 |
3/31/24 | 58.95 |
12/31/23 | 60.08 |
9/30/23 | 55.60 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | 0.12 |
12/31/23 | 0.12 |
9/30/23 | 0.13 |
3/31/24 | 10.95 |
12/31/23 | 10.72 |
9/30/23 | 11.40 |