Facebook (NASDAQ:FB) Earning Negative Media Coverage, Analysis Finds

Press coverage about Facebook (NASDAQ:FB) has trended negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Facebook earned a coverage optimism score of -2.45 on their scale. InfoTrie also assigned press coverage about the social networking company an news buzz score of 5 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock’s share price in the next few days.

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

Shares of FB traded down $2.42 during mid-day trading on Friday, hitting $198.36. The company’s stock had a trading volume of 12,064,658 shares, compared to its average volume of 13,312,756. The firm has a market capitalization of $566.22 billion, a price-to-earnings ratio of 26.20, a PEG ratio of 1.23 and a beta of 0.97. Facebook has a one year low of $123.02 and a one year high of $218.62. The business has a 50-day moving average of $188.33. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.38 and a quick ratio of 5.38.

Facebook (NASDAQ:FB) last issued its earnings results on Wednesday, April 24th. The social networking company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.80). The firm had revenue of $15.08 billion during the quarter, compared to the consensus estimate of $14.97 billion. Facebook had a return on equity of 23.67% and a net margin of 33.17%. The firm’s revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period last year, the business earned $1.69 earnings per share. Research analysts expect that Facebook will post 8 earnings per share for the current fiscal year.

FB has been the subject of several research reports. Stifel Nicolaus raised shares of Waste Connections from a “hold” rating to a “buy” rating and upped their price objective for the company from $88.00 to $105.00 in a research note on Thursday, April 25th. Monness Crespi & Hardt set a $250.00 price objective on shares of Facebook and gave the stock a “buy” rating in a report on Monday, July 15th. Pivotal Research started coverage on shares of SRC Energy in a report on Wednesday, May 29th. They issued a “buy” rating and a $37.29 price objective on the stock. Raymond James lowered shares of Consolidated Communications to a “market perform” rating in a report on Thursday, April 25th. Finally, UBS Group reaffirmed a “buy” rating and issued a $124.00 target price on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and forty-three have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $212.04.

In other news, CFO David M. Wehner sold 25,000 shares of the firm’s stock in a transaction on Thursday, April 25th. The stock was sold at an average price of $190.87, for a total value of $4,771,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan J.S. Taylor sold 1,472 shares of the firm’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $181.89, for a total value of $267,742.08. Following the completion of the sale, the insider now owns 569 shares of the company’s stock, valued at $103,495.41. The disclosure for this sale can be found here. Over the last three months, insiders have sold 332,230 shares of company stock valued at $61,571,002. Company insiders own 14.53% of the company’s stock.

Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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

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