Facebook Inc shares show a positive technical situation which suggests a continuation of the upward dynamic over the medium term. Investors should benefit from the breakout of the $ 131.3 level to target the $ 140.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Thanks to a sound financial situation, the firm has significant leeway for investment.
The group usually releases upbeat results with huge surprise rates.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
For several months, analysts have been revising their EPS estimates roughly upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The stock is in a well-established, long-term rising trend above the technical support level at 112.08 USD
Stock prices approach a strong long-term resistance in weekly data at USD 129.07.
Technically, the stock approaches a strong medium-term resistance at USD 131.05.
Based on current prices, the company has particularly high valuation levels.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 43.79 times its estimated earnings per share for the ongoing year.
Operates as a social networking service and websiteFacebook, Inc. is a social networking company, which allows people to communicate with their family, friends, and coworkers.Its services include timeline, news feed, messages, lists, ticker and mobile apps.The company products include Facebook,...