Facebook (FB) Earning Somewhat Positive Media Coverage, Report Shows

News articles about Facebook (NASDAQ:FB) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Facebook earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the social networking company an impact score of 46.1206675170617 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

Facebook (NASDAQ FB) traded up $2.20 on Thursday, hitting $179.80. The stock had a trading volume of 23,304,901 shares, compared to its average volume of 18,390,000. The stock has a market cap of $522,460.00, a price-to-earnings ratio of 33.42, a PEG ratio of 1.01 and a beta of 0.68. Facebook has a 12-month low of $126.78 and a 12-month high of $188.90.

Facebook (NASDAQ:FB) last posted its quarterly earnings results on Wednesday, November 1st. The social networking company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.31. The firm had revenue of $10.33 billion during the quarter, compared to analyst estimates of $9.84 billion. Facebook had a return on equity of 23.64% and a net margin of 41.69%. Facebook’s quarterly revenue was up 47.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.09 EPS. sell-side analysts anticipate that Facebook will post 5.86 EPS for the current fiscal year.

FB has been the subject of a number of research analyst reports. Cowen reaffirmed an “average” rating and issued a $200.00 price target (up previously from $195.00) on shares of Facebook in a research note on Wednesday, September 27th. Credit Suisse Group reaffirmed a “buy” rating on shares of Facebook in a research note on Wednesday, October 11th. Wells Fargo & Co set a $215.00 price target on Facebook and gave the stock a “buy” rating in a research note on Friday, October 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $185.00 price target on shares of Facebook in a research note on Thursday, October 5th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $200.00 price target on shares of Facebook in a research note on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, forty-two have assigned a buy rating and three have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $203.72.

In related news, insider Michael Todd Schroepfer sold 38,017 shares of Facebook stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $187.83, for a total value of $7,140,733.11. Following the completion of the sale, the insider now directly owns 381,521 shares in the company, valued at approximately $71,661,089.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Christopher K. Cox sold 16,000 shares of Facebook stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $175.20, for a total value of $2,803,200.00. Following the completion of the sale, the insider now owns 172,871 shares of the company’s stock, valued at $30,286,999.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,181,449 shares of company stock valued at $752,592,962. 17.23% of the stock is owned by insiders.

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About Facebook

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

Insider Buying and Selling by Quarter for Facebook (NASDAQ:FB)

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