From Nasdaq:

Meta Platforms (META) closed at $490.13, up +1.26% from the previous day. The stock outperformed the S&P 500 and Dow, gaining 24.06% over the past month. Analysts expect earnings of $4.27 per share with a revenue of $36.07 billion in the upcoming report, showing growth year-over-year.

The Zacks Consensus Estimates predict Meta Platforms to have earnings of $19.94 per share and revenue of $158.75 billion for the fiscal year, indicating positive changes. Recent estimate revisions can impact stock performance, with a Zacks Rank of #1 currently for Meta Platforms, suggesting a strong buy rating.

Meta Platforms is trading at a Forward P/E ratio of 24.27, lower than the industry average. It also has a PEG ratio of 1.24, showing a valuation that considers expected earnings growth rate. The Internet-Software industry ranks high in Zacks rankings, suggesting a strong performance compared to other sectors.

To stay informed about stock-moving metrics, visit Zacks.com for the latest recommendations from Zacks Investment Research. You can download a report on 7 Best Stocks for the Next 30 Days, as well as a free Stock Analysis Report on Meta Platforms, Inc. Read more about this news article on Zacks.com.



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