Shareholders sent Meta Platforms (ex Facebook) stock up. In NASDAQ trading, the stock gained 0.7 percent to USD 516.12 at 4:28 a.m. This makes the share one of the hopefuls in the S&P 500, which is currently trending at 5,545 points. The Meta Platforms (ex Facebook) share climbed to a high of USD 520.87. At the start of the trading day, the stock was worth USD 511.72. So far today, 558,731 Meta Platforms (ex Facebook) shares have been traded.
The stock reached its current 52-week high of USD 544.20 on August 23, 2024. The Meta Platforms (ex Facebook) share could reach its 52-week high again with a price increase of 5.44 percent. On October 27, 2023, the share price fell to USD 279.49, thus falling to a 52-week low. To fall to the 52-week low, the price of the Meta Platforms (ex Facebook) share would have to fall by 45.85 percent.
The dividend payout for Meta Platforms (ex Facebook) shareholders in 2023 was USD 0.000, this year the dividend is expected to amount to USD 1.86 according to expert estimates. Meta Platforms (ex Facebook) presented the figures for the quarter ended June 30, 2024 on July 31, 2024. Earnings per share of USD 5.31 were reported for the most recent quarter. In the same quarter last year, the company generated EPS of USD 3.03 per share. Sales increased by 22.10 percent year-on-year. Sales were most recently USD 39.07 billion, while USD 32.00 billion were reported in the same period last year.
Meta Platforms (ex Facebook) is expected to release its Q3 2024 financial results on October 23, 2024.
Experts anticipate earnings per Meta Platforms (ex Facebook) share to be USD 21.29 in 2024.
Editorial staff finanzen.ch