Facebook Inc (NASDAQ:FB) soared 0.04% during previous trade, a total of 13.15M shares exchanged hands compared with its average trading volume of 19.04M shares whereas its relative volume is 0.57. The stock has a market capitalization of $367.34B along with 2.34B outstanding shares. Stock’s intraday price range hit the peak level of $128.43 and touched the lowest level of $126.84.
Most recently Facebook Inc (NASDAQ:FB)’s price target was revised on 01/13/17 and according to 42 analysts stock’s price will reach at $153.67 during 52 weeks with standard deviation of 11.87. Stock’s minimum price target estimates has been figured out at $90 while the maximum price target forecast is established at $180, if we look at the price target with an optimistic approach it has upside potential of 41% from its latest closing price of $127.92.
Historically, if we look at price target revisions, two weeks ago Facebook Inc (NASDAQ:FB)’s price target was revised on 12/19/16 by the analysts, however the bullish price estimates of the stock set at $185 while the bearish estimates kept at $130 over the next one year. Stock’s 52-week target was retained at $157.53, the estimates indicates a standard deviation of 12.36.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.28. ABR value is precisely based on brokerage recommendations, where out of 32 brokerage recommendations 26 rate Facebook Inc (NASDAQ:FB) stock a Strong Buy,3 rate the stocks of the company a Buy, 3 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 1/13/17 the stock of Facebook Inc (NASDAQ:FB) upgraded by Raymond James from Outperform to Strong Buy. However previously on 7/28/16 it was downgraded by Monness Crespi & Hardt from Buy to Neutral. A research note issued on 7/22/2016 the stock was downgraded by BTIG Research from Buy to Neutral.
Facebook Inc (NASDAQ:FB) performance over the past one year soared 34.29% whereas its year to date (YTD) performance indicated a bullish trend of 11.19%. During the last six months the stock climbed 6.06%. Quarterly performance of the company shows optimistic momentum of 0.30% while its last one month trend is positive with 6.10%. Stock’s weekly performance expressed up trend of 2.87%.
The company’s price sits 6.70% above from its 50-day moving average of $119.88 and 5.81% far from the stock’s 200-day moving average which is $123.57. Facebook Inc (NASDAQ:FB) shares are currently trading -4.18% away from the 52-week high price of $133.50 and +43.14% far from the 52-week low price of $89.37.
According to consensus agreement of 39 analysts Facebook Inc (NASDAQ:FB) will report earnings per share of $1.3 in their quarterly report and it is expected to announce the company’s results on 2/1/17 After Market Close. For the current quarter the company has high EPS estimates of $1.4 in contradiction of low EPS estimates of $1.13. However a year ago for the same quarter the company has reported $0.79 EPS. Current year EPS projections for Facebook Inc (NASDAQ:FB) set at $4.1 according to the sentiments of 45 analysts, while its lowest earnings estimates are $3.14 and highest earnings estimates are $4.25.
According to 37 analysts, Facebook Inc (NASDAQ:FB)’s revenue estimates for the current quarter are $8.49B meanwhile the company has high revenue estimates of $8.71B in contradiction of low revenue estimates of $8.16B. For the current year the company’s revenue estimates are $27.31B compared to low analyst estimates of $26.85B and high estimates of $27.74B according to the projection of 43 analysts.