Headlines about Facebook (NASDAQ:FB) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Facebook earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news headlines about the social networking company an impact score of 44.911282586375 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $81.8 million of Shares – GuruFocus.com (gurufocus.com)
- Facebook Inc (FB) Stock Rallies To Close Out The Week – ValueWalk – ValueWalk (valuewalk.com)
- Fake views: Russians posting doctored images on Facebook exploited loophole (marketwatch.com)
- Why Facebook's Digital Consumption Share Is Dropping (finance.yahoo.com)
A number of brokerages have recently commented on FB. Credit Suisse Group reissued an “outperform” rating and issued a $232.00 target price (up previously from $230.00) on shares of Facebook in a research note on Monday, January 8th. Stifel Nicolaus downgraded shares of Facebook from a “buy” rating to a “hold” rating in a research note on Friday, January 12th. Barclays raised their target price on shares of Facebook from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Robert W. Baird set a $225.00 target price on shares of Facebook and gave the company a “buy” rating in a research note on Thursday, February 1st. Finally, Atlantic Securities set a $215.00 target price on shares of Facebook and gave the company a “buy” rating in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating, forty-two have given a buy rating and two have given a strong buy rating to the company. Facebook has a consensus rating of “Buy” and a consensus price target of $214.70.
Facebook (NASDAQ:FB) last posted its quarterly earnings results on Wednesday, January 31st. The social networking company reported $2.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.96 by $0.24. The company had revenue of $12.97 billion for the quarter, compared to the consensus estimate of $12.58 billion. Facebook had a net margin of 39.16% and a return on equity of 26.49%. sell-side analysts expect that Facebook will post 7.28 earnings per share for the current fiscal year.
In related news, CEO Mark Zuckerberg sold 232,138 shares of Facebook stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $183.08, for a total value of $42,499,825.04. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Colin Stretch sold 750 shares of Facebook stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $171.60, for a total transaction of $128,700.00. Following the completion of the sale, the vice president now owns 84,246 shares in the company, valued at $14,456,613.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,219,330 shares of company stock worth $572,496,651. 17.23% of the stock is currently owned by insiders.
Facebook Company Profile
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.
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