From Nasdaq: 2024-07-08 17:45:19

Summary 1:
Meta Platforms (META) closed at $529.32, showing a -1.96% movement compared to the previous day, lagging behind S&P 500 and Nasdaq. The stock has risen by 9.52% in the past month, outperforming the sector and the overall market.

Summary 2:
Meta Platforms is set to release its earnings on July 31, 2024, with an expected EPS of $4.66 and revenue of $38.15 billion, showcasing significant growth. Analyst estimate revisions reflect confidence in the company’s performance, influencing stock price movements.

Summary 3:
With a Forward P/E ratio of 26.79 and a PEG ratio of 1.4, Meta Platforms seems undervalued compared to its industry peers. The company operates in the Computer and Technology sector, with an industry rank in the top 34%. Investors can utilize Zacks Rank for insights on stock performance.

Summary 4:
Zacks experts identify a “Single Best Pick to Double” stock with potential for substantial growth. This little-known company in the chemical sector shows promising earnings estimates and share repurchase plans, offering great upside potential for retail investors. Investors can access Zacks’ top stock recommendations for profitable insights.



Read more at Nasdaq: Meta Platforms (META) Stock Sinks As Market Gains: What You Should Know