Analysts See $1.48 EPS for Facebook, Inc. (FB)

October 11, 2018 - By Hazel Jackson

Facebook, Inc. (NASDAQ:FB) LogoInvestors sentiment increased to 1.09 in 2018 Q2. Its up 0.22, from 0.87 in 2018Q1. It increased, as 78 investors sold Facebook, Inc. shares while 660 reduced holdings. 187 funds opened positions while 614 raised stakes. 1.66 billion shares or 0.70% more from 1.65 billion shares in 2018Q1 were reported.
Gardner Lewis Asset Management L P has invested 0.72% in Facebook, Inc. (NASDAQ:FB). Riggs Asset Managment invested in 13,328 shares or 1.14% of the stock. Stevens Mngmt Ltd Partnership, a Pennsylvania-based fund reported 179,685 shares. Moreover, Sandler Mgmt has 0.06% invested in Facebook, Inc. (NASDAQ:FB) for 3,600 shares. Ci Invs Incorporated invested in 0.52% or 340,583 shares. Creative Planning holds 906,816 shares. Farr Miller And Washington Limited Liability Dc invested in 3.11% or 176,692 shares. Wellington Shields & Limited Liability Company holds 0.17% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 1,675 shares. The United Kingdom-based Trinity Street Asset Management Llp has invested 5.47% in Facebook, Inc. (NASDAQ:FB). British Columbia Invest Mgmt, a British Columbia – Canada-based fund reported 901,697 shares. 557,525 are owned by Capital Guardian Trust. Contrarius Invest Management Limited owns 346,375 shares or 2.64% of their US portfolio. Atwood Palmer holds 0.04% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 1,587 shares. 1,417 were reported by Hudock Cap Group Inc Limited Company. 19,100 were reported by Sphera Funds Management Limited.

Since April 11, 2018, it had 0 buys, and 90 selling transactions for $3.82 billion activity. On Thursday, July 19 Sandberg Sheryl sold $11.47M worth of Facebook, Inc. (NASDAQ:FB) or 55,000 shares. Another trade for 10,600 shares valued at $2.06M was made by Cox Christopher K on Monday, July 2. On Monday, May 14 Koum Jan sold $231.84 million worth of Facebook, Inc. (NASDAQ:FB) or 1.26 million shares. 5,138 shares were sold by FISCHER DAVID B., worth $822,440. 9,522 shares were sold by Wehner David M., worth $1.72M. Stretch Colin sold $120,023 worth of stock or 750 shares.

Analysts expect Facebook, Inc. (NASDAQ:FB) to report $1.48 EPS on November, 7.They anticipate $0.11 EPS change or 6.92 % from last quarter’s $1.59 EPS. FB’s profit would be $4.27 billion giving it 25.77 P/E if the $1.48 EPS is correct. After having $1.74 EPS previously, Facebook, Inc.’s analysts see -14.94 % EPS growth. The stock increased 0.79% or $1.2 during the last trading session, reaching $152.58. About 9.23 million shares traded. Facebook, Inc. (NASDAQ:FB) has declined 6.34% since October 11, 2017 and is downtrending. It has underperformed by 21.96% the S&P500.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

Among 25 analysts covering Facebook Inc (NASDAQ:FB), 20 have Buy rating, 0 Sell and 5 Hold. Therefore 80% are positive. Facebook Inc had 43 analyst reports since April 12, 2018 according to SRatingsIntel. The stock has “Neutral” rating by UBS on Thursday, July 26. Oppenheimer maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 26. Oppenheimer has “Buy” rating and $22500 target. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Cowen & Co on Thursday, April 12. Monness maintained the stock with “Buy” rating in Wednesday, May 2 report. The firm earned “Buy” rating on Monday, April 30 by Tigress Financial. On Friday, April 20 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Wells Fargo on Tuesday, May 1. The rating was maintained by Credit Suisse with “Outperform” on Monday, October 8. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Argus Research on Friday, April 27. On Thursday, April 26 the stock rating was maintained by UBS with “Buy”.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company has market cap of $440.53 billion. The Company’s solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. It has a 23.61 P/E ratio. The firm also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Don’t Unfriend Facebook” on October 01, 2018, also Seekingalpha.com with their article: “Snap launches Originals daily shows” published on October 10, 2018, Seekingalpha.com published: “Facebook’s WhatsApp had video call security bug” on October 10, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Facebook: What Now?” published on September 21, 2018 as well as Livetradingnews.com‘s news article titled: “Facebook, Inc. (NASDAQ:FB) approaches its next earnings release” with publication date: October 09, 2018.

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

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