Facebook, Inc. (NASDAQ:FB) most recently reported quarterly actual earnings per share of $0.76 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.62. The difference between the estimate and the actual EPS was $0.14 creating a surprise factor of 22.58%. Currently, the company has an impact score of 71. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of -0.017. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $155.758 on the shares. The most bullish brokerage firm has a $185 target, while the most bearish sees the stock headed towards $126. This is according to the 29 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.27. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 29 recommendations taking into account in order to arrive at this number. Of the 29, 24 have a Strong Buy rating and 4 are rating it a Buy.
Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers. People use Facebook to stay connected with their friends and family, to discover what is going on in the world around them, and to share and express what matters to them to the people they care about. Developers can use the Facebook Platform to build applications and Websites that integrate with Facebook to reach its global network of users and to build personalized and social products. Advertisers can engage with more than 900 million monthly active users (MAUs) on Facebook or subsets of its users based on information they have chosen to share with the Company, such as their age, location, gender, or interests. In September 2013, Mail.Ru Group Limited sold its remaining shares in Facebook Inc. Effective September 25, 2013, Facebook Inc acquired Mobile Technologies, a developer of online applications. In October 2013, Facebook Inc acquired Onavo Inc.
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