Facebook Inc (NASDAQ:FB) plunged -0.31% during previous trade, a total of 13.23M shares exchanged hands compared with its average trading volume of 20.73M shares whereas its relative volume is 0.64. The stock has a market capitalization of $385.06B along with 2.35B outstanding shares. Stock’s intraday price range hit the peak level of $133.70 and touched the lowest level of $132.66.
Most recently Facebook Inc (NASDAQ:FB)’s price target was revised on 02/7/17 and according to 43 analysts stock’s price will reach at $159.42 during 52 weeks with standard deviation of 12.94. Stock’s minimum price target estimates has been figured out at $98 while the maximum price target forecast is established at $190, if we look at the price target with an optimistic approach it has upside potential of 42% from its latest closing price of $133.44.
Historically, if we look at price target revisions, two weeks ago Facebook Inc (NASDAQ:FB)’s price target was revised on 1/26/17 by the analysts, however the bullish price estimates of the stock set at $180 while the bearish estimates kept at $130 over the next one year. Stock’s 52-week target was retained at $155.81, the estimates indicates a standard deviation of 10.86.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.26. ABR value is precisely based on brokerage recommendations, where out of 31 brokerage recommendations 26 rate Facebook Inc (NASDAQ:FB) stock a Strong Buy,2 rate the stocks of the company a Buy, 3 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 2/2/17 the stock of Facebook Inc (NASDAQ:FB) downgraded by Pivotal Research Group from Buy to Hold. However previously on 1/13/17 it was upgraded by Raymond James from Outperform to Strong Buy. A research note issued on 7/28/16 the stock was downgraded by Monness Crespi & Hardt from Buy to Neutral.
Facebook Inc (NASDAQ:FB) performance over the past one year soared 26.84% whereas its year to date (YTD) performance indicated a bullish trend of 15.98%. During the last six months the stock climbed 8.22%. Quarterly performance of the company shows optimistic momentum of 15.95% while its last one month trend is positive with 4.36%. Stock’s weekly performance expressed down trend of -0.57%.
The company’s price sits 7.10% above from its 50-day moving average of $127.87 and 8.61% far from the stock’s 200-day moving average which is $125.35. Facebook Inc (NASDAQ:FB) shares are currently trading -1.51% away from the 52-week high price of $135.49 and +33.12% far from the 52-week low price of $100.24.
According to consensus agreement of 39 analysts Facebook Inc (NASDAQ:FB) will report earnings per share of $1.11 in their quarterly report and it is expected to announce the company’s results on 4/26/17. For the current quarter the company has high EPS estimates of $1.33 in contradiction of low EPS estimates of $0.9. However a year ago for the same quarter the company has reported $0.77 EPS. Current year EPS projections for Facebook Inc (NASDAQ:FB) set at $5.42 according to the sentiments of 45 analysts, while its lowest earnings estimates are $4.84 and highest earnings estimates are $6.25.
According to 37 analysts, Facebook Inc (NASDAQ:FB)’s revenue estimates for the current quarter are $7.8B meanwhile the company has high revenue estimates of $8.29B in contradiction of low revenue estimates of $7.44B. For the current year the company’s revenue estimates are $37.84B compared to low analyst estimates of $35.26B and high estimates of $40.75B according to the projection of 43 analysts.