Meta Platforms Stock Today
| META Stock | USD 595.94 13.17 2.26% |
Performance6 of 100
| Odds Of DistressLess than 6
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Meta Platforms is trading at 595.94 as of the 4th of October 2024, a 2.26% up since the beginning of the trading day. The stock's open price was 582.77. Meta Platforms has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Note, on September 6, 2024, Representative John James 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 32.25 M shares are now shorted by private and institutional investors with about 2.94 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 Concentration | Interactive Media & Services, Internet Content & Information, Communication Services, Nasdaq CTA Artificial, SP 500 Index, NASDAQ 100 Technology, SP 100 Index, SP 100, Nasdaq 100, ARCA Computer Technology, NASDAQ 100 Pre, NASDAQ Composite, ARCA Institutional, Jakarta Stock Exchange, Karachi All Share, Video Games, Macroaxis Index, Driverless Cars, Artificial Intelligence, Adviser Favorites, Cash Cows, SRI Sustainable Growth, Tech Growth, Millennials Best, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMeta 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.
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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 70,799 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 1.47 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 32.25 M shares are now shorted by private and institutional investors with about 2.94 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 AllocationMeta 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. Please note that on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Meta Platforms's common stock.
Check Meta Ownership Details
Meta Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Capital Research & Mgmt Co - Division 3 | 2024-06-30 | 29.3 M | |
| Northern Trust Corp | 2024-06-30 | 21.4 M | |
| Legal & General Group Plc | 2024-06-30 | 18 M | |
| Bank Of America Corp | 2024-06-30 | 17 M | |
| Amvescap Plc. | 2024-06-30 | 16.5 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 15.9 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 15.1 M | |
| Jennison Associates Llc | 2024-06-30 | 14.2 M | |
| Alliancebernstein L.p. | 2024-06-30 | 14 M | |
| Vanguard Group Inc | 2024-06-30 | 189.3 M | |
| Blackrock Inc | 2024-06-30 | 161.1 M |
Meta Platforms Historical Income Statement
Meta Stock Against Markets
Meta Platforms Corporate Management
| Henry Moniz | Chief Officer | Profile | |
| Andrew Bosworth | Chief Officer | Profile | |
| Christopher Cox | Chief Officer | Profile | |
| Aaron Anderson | Chief Officer | Profile | |
| Marne Levine | Chief Officer | Profile | |
| Jennifer Newstead | Chief Officer | Profile | |
| Atish Banerjea | Chief Officer | Profile |
Additional Information and Resources on Investing in Meta Stock
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 0.732 | Dividend Share 1 | Earnings Share 19.58 | Revenue Per Share 58.612 | Quarterly Revenue Growth 0.221 |
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.