Critical Media Coverage Unlikely to Affect Facebook (FB) Share Price

News headlines about Facebook (NASDAQ:FB) have trended negative on Monday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Facebook earned a coverage optimism score of -2.50 on their scale. InfoTrie also assigned press coverage about the social networking company an news buzz score of 3 out of 10, indicating that recent media coverage is unlikely to have an impact on the company’s share price in the near future.

Here are some of the news headlines that may have impacted Facebook’s analysis:

FB has been the subject of several recent research reports. Raymond James reiterated a “buy” rating and set a $210.00 target price on shares of Facebook in a report on Friday, October 19th. Royal Bank of Canada reiterated a “buy” rating and set a $195.00 target price on shares of Facebook in a report on Monday, September 3rd. Stifel Nicolaus reiterated a “buy” rating and set a $202.00 target price on shares of Facebook in a report on Thursday, August 23rd. JPMorgan Chase & Co. lifted their target price on shares of Facebook from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Tuesday, September 18th. Finally, Goldman Sachs Group reiterated a “buy” rating and set a $205.00 target price on shares of Facebook in a report on Monday, October 22nd. Four analysts have rated the stock with a sell rating, six have issued a hold rating, thirty-nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $194.54.

NASDAQ:FB opened at $131.73 on Monday. Facebook has a 12 month low of $126.85 and a 12 month high of $218.62. The company has a market capitalization of $382.68 billion, a price-to-earnings ratio of 21.38, a P/E/G ratio of 0.80 and a beta of 0.55.

Facebook (NASDAQ:FB) last posted its earnings results on Tuesday, October 30th. The social networking company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.30. Facebook had a net margin of 37.57% and a return on equity of 27.89%. The business had revenue of $13.73 billion during the quarter, compared to the consensus estimate of $13.82 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The firm’s revenue was up 32.9% on a year-over-year basis. On average, equities analysts expect that Facebook will post 7.35 earnings per share for the current year.

In other news, CFO David M. Wehner sold 4,761 shares of Facebook stock in a transaction on Friday, November 16th. The shares were sold at an average price of $141.10, for a total transaction of $671,777.10. Following the transaction, the chief financial officer now owns 76,830 shares in the company, valued at approximately $10,840,713. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Mark Zuckerberg sold 602,000 shares of Facebook stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of $176.67, for a total transaction of $106,355,340.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,281,450 shares of company stock valued at $217,674,194. 17.23% of the stock is currently owned by insiders.

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Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

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

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