Meta Platforms Stock Today

META Stock  USD 569.20  4.34  0.76%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Meta Platforms is trading at 569.20 as of the 28th of November 2024, a 0.76% down since the beginning of the trading day. The stock's open price was 573.54. Meta Platforms has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Note, on November 7, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Meta Platforms's common stock.
Business Domain
Media & Entertainment
IPO Date
18th of May 2012
Category
Communication Services
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California. The company has 2.18 B outstanding shares of which 30.5 M shares are now shorted by private and institutional investors with about 2.31 trading days to cover. More on Meta Platforms

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Meta Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
Showing 3 out of 9 themes
Old Names[Meta Growth Corp, MetaTech Health Limited]
Business ConcentrationInteractive Media & Services, Internet Content & Information, Communication Services, SP 500 Index, ARCA Institutional, NASDAQ Composite, NASDAQ 100 Pre, Nasdaq CTA Artificial, NASDAQ 100 Technology, Jakarta Stock Exchange, Nasdaq 100, Karachi All Share, SP 100, Artificial Intelligence, Millennials Best, SRI Sustainable Growth, Tech Growth, Video Games, Adviser Favorites, Cash Cows, Macroaxis Index, Driverless Cars, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1703
Way Down
Slightly volatile
Asset Turnover0.410.5875
Way Down
Pretty Stable
Gross Profit Margin0.620.8076
Way Down
Very volatile
Total Current Liabilities33.6 B32 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total46.7 B44.5 B
Sufficiently Up
Slightly volatile
Total Assets241.1 B229.6 B
Sufficiently Up
Slightly volatile
Total Current Assets43.5 B85.4 B
Way Down
Slightly volatile
Total Cash From Operating Activities74.7 B71.1 B
Sufficiently Up
Slightly volatile
Debt Levels
Meta Platforms can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Meta Platforms' financial leverage. It provides some insight into what part of Meta Platforms' total assets is financed by creditors.
Liquidity
Meta Platforms currently holds 37.23 B in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Meta Platforms has a current ratio of 2.47, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Meta Platforms' use of debt, we should always consider it together with its cash and equity.

Change In Cash

28.59 Billion
Meta Platforms (META) is traded on NASDAQ Exchange in USA. It is located in 1 Meta Way, Menlo Park, CA, United States, 94025 and employs 72,404 people. Meta Platforms is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.45 T. Meta Platforms conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 2.18 B outstanding shares of which 30.5 M shares are now shorted by private and institutional investors with about 2.31 trading days to cover. Meta Platforms currently holds about 40.49 B in cash with 71.11 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.06.
Check Meta Platforms Probability Of Bankruptcy
Ownership Allocation
Meta Platforms maintains a total of 2.18 Billion outstanding shares. The majority of Meta Platforms outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Meta Platforms to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Meta Platforms. Please pay attention to any change in the institutional holdings of Meta Platforms as this could imply that something significant has changed or is about to change at the company. On November 7, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Meta Platforms's common stock.
Check Meta Ownership Details

Meta Stock Institutional Holders

InstituionRecorded OnShares
Capital Research & Mgmt Co - Division 32024-09-30
29.2 M
Northern Trust Corp2024-09-30
20.7 M
Legal & General Group Plc2024-06-30
18 M
Bank Of America Corp2024-06-30
17 M
Amvescap Plc.2024-06-30
16.5 M
Nuveen Asset Management, Llc2024-06-30
15.9 M
Bank Of New York Mellon Corp2024-06-30
15.1 M
Jennison Associates Llc2024-09-30
14.4 M
Alliancebernstein L.p.2024-06-30
14 M
Vanguard Group Inc2024-09-30
189.7 M
Blackrock Inc2024-06-30
161.1 M
View Meta Platforms Diagnostics

Meta Platforms Historical Income Statement

At present, Meta Platforms' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 141.6 B, whereas Selling And Marketing Expenses is forecasted to decline to about 6.8 B. View More Fundamentals

Meta Stock Against Markets

Meta Platforms Corporate Management

When determining whether Meta Platforms offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta Platforms' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meta Platforms Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Platforms Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meta Platforms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Meta Stock refer to our How to Trade Meta Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meta Platforms. If investors know Meta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meta Platforms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.374
Dividend Share
1.5
Earnings Share
21.16
Revenue Per Share
61.428
Quarterly Revenue Growth
0.189
The market value of Meta Platforms is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Platforms' value that differs from its market value or its book value, called intrinsic value, which is Meta Platforms' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meta Platforms' market value can be influenced by many factors that don't directly affect Meta Platforms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meta Platforms' value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Platforms is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Platforms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.