3 Reasons Facebook Inc Fb Stock Will Keep Delivering In 2017
... 23, 2017, 9:14 am EST. View All Posts. Social media icon Facebook Inc (NASDAQ: FB ) has been a market darling for the last four years, but if you thought FB stock had reached it’s peak — think again. Not only has Facebook proven that its social media platform has staying power, the company’s dominance in advertising and potential growth opportunities make it a great addition to your portfolio. If there is one stock that’s worth hanging onto in 2017, Facebook stock would be it. Source: Shutterstock. Last year, questions about whether Facebook would be able to keep the public’s attention as new social media sites gained popularity weighed on investor sentiment. Snapchat was one such competitive threat because the platform’s offering was unique — send a photo or message that is erased seconds after it has been seen. This concept answered millennials’ calls for a platform that allowed them to share pictures but also protect their privacy. However, FB proved that it could also fill that gap by adding ‘stories’, an almost clone of ...
Why Facebook Stock Rose 4% Last Week
... this translates to a rise of 4.05% from last week's close of $127.04. As it stands, the shares, which now hover near all-time highs , have risen more than 11% in two weeks and are up some 15% year to date. This compares with a 2.5% rise in the S&P 500 index ( SPX ). While Facebook shares don't appear cheap at current levels, it's tough to bet against the company's recent moves. (See also: Facebook Stock Short Interest Declines 22%.). Last week, the Menlo Park, Calif.-based tech giant hired Hugo Barra, who spent more than three years as Chinese phone maker Xiaomi's international chief, to become its vice president of virtual reality. Before that, Barra served as head of Alphabet Inc.'s ( GOOGL ) Google Android. The areas of virtual and augmented reality have been a focus for Facebook CEO Mark Zuckerburg ever ...
Fb, Sym, Qrvo, Cavm
... The social media company reported earnings of $1.41 per share well above Wall Street exception's of $1.31 earnings per share. Facebook also reported a revenue of $8.81 billion, which is above the $8.51 billion revenue figure expected, according to a Thomson Reuters consensus estimate. Shares of Symantec fell 3 percent after the company said it plans to use corporate bonds to acquire competitor Life Lock in a press release Wednesday. The technology company said it plans to offer $1 billion in unsecured senior notes for the purchase. Symantec also reported earnings that beat on both the top and bottom lines. Symantec said earnings came in at 32 cents per share vs 28 cents per share expected. The company's revenue was reported as $1.088 billion versus $909 million expected. Qorvo shares plummeted 8 percent after the company gave weak guidance for its current quarter. The chipmaker's president and CEO Bob Bruggeworth said in a press release Wednesday, he is expecting an "historical sequential decline as two of our leading customers in China and a tier-one customer in Korea delay flagship smartphone launches." The company also reported second-quarter earnings exceeding the ...
Analysts Love Facebook Inc Fb Stock For All The Right Reasons
... Wall Street believes FB shares carry a 23% upside potential. With that in mind, here’s a quick look at the top reasons Wall Street RBC’s Mark Mahaney is so bullish on Facebook stock. Facbook’s Expansion Into China. China banned FB in 2009 in the wake of Urumqi unrest in July 2009 in order to control flow of information about the unrest. RBC Capital Markets’ Mark Mahaney predicted that China would reopen its door to Facebook in 2016, but it didn’t happen. He believes it could happen this year, given reports in November 2016 that FB had developed software with the capability of controlling posts that appear in certain geographic regions. Aegis Capital’s Victor Anthony is also upbeat of Facebook’s chances in China. With Facebook on course to reach 2 billion users this year without China, the opportunities become bigger once China allows FB in its country again. Keep in mind that China currently has the largest number of internet users ...
Fb Stock Soars On Q4 Eps, Revenue Beat
... share. Not only did that easily beat Wall Street estimates by 10 cents, it marks an almost 80% rise year over year. Fourth quarter revenue came to $8.81 billion, which climbed 51% year over year and beat consensus estimates of $8.51 billion. Revenue was driven by a 53% year over year rise in ad revenue, reaching $8.6 billion. The company said mobile ad revenue was $5.42 billion, 81% year over year, topping the $4.84 billion expected. Mobile ads now account for 84% of ad revenue, compared to 76% in the a year ago. Notably, the company’s mobile advertising revenue now accounts for 84% of total revenue, up four percentage points year over year. Facebook, grew operating margins to 52%, said it ended the year with cash and cash equivalents and marketable securities of $29.45 billion. Given these impressive results, FB stock, which I advised should be owned , is destined to reach $150 ...
New All-time Highs Or New Problems
... recovering from a rough Q 3 report that sent the stock to one of its biggest dips since coming public in 2012. While the company reported a strong earnings beat, Facebook CFO warned about a slowdown in revenue growth for Q 4, and said ad load might “come down meaningfully” in the second half of this year. The news sparked a selloff from which Facebook wouldn’t really recover until the start of 2017. But recover it has — FB stock is up roughly 15% in the past month to trade near all-time highs around $113. So, what’s in store for Facebook this time around. If you believe Jefferies analyst Brian Fitzgerald, FB could be sitting on the powder keg that sends Facebook through the price ceiling. Fitzgerald believes Instagram and mobile ad revenues will drive the business forward , and expects Q 4 revenues to grow 46% year-over-year to $8.54 billion — slightly ahead of Wall Street’s broader estimates for $8.5 billion. He also ...
Mjn Esio Fb Higher; Avir Sfly Mlnx Lower More
... (NYSE: CACI ) 5.5% HIGHER; reported Q 2 EPS of $1.69, $0.23 better than the analyst estimate of $1.46, may not compare. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.03 billion. Sees FY 2017 EPS $6.18-$6.45 versus estimate of $6.28. Revenues of $4.15-$4.30 billion versus estimate of $4.23 billion. Legg Mason (NYSE: LM ) 4.8% LOWER; reported Q 3 EPS of $0.50, $0.15 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $715 m versus the consensus estimate of $715.8 m. Lannett (NYSE: LCI ) 4.1% HIGHER; reported Q 2 Adj. EPS of $0.92, $0.08 better than the analyst estimate of $0.84. Revenue for the quarter came in at $171 million versus the consensus estimate of $169.04 million. GUIDANCE: Lannett sees FY 2017 GAAP revenue of $675-685 million, versus the consensus of $673.1 million. Axcelis Technologies (NASDAQ: ACLS ) 4% HIGHER; reported Q 4 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $69.4 million versus the consensus estimate of ...
Facebook Inc Fb Approaches Technical Hurdles Ahead Of Earnings
... was $133.50 - and was followed by a sharp pullback. Not to mention, just north of this zone is the $135 level, home to huge call open interest in the February, March, and April series. In fact, during the last 10 trading days, the April 135 strike has seen the largest open interest increase among call options, adding over 17,800 positions. These bullish bets could reinforce the overhead speed bump. Another factor potentially working against the equity is its 14-day Relative Strength Index (RSI). Clocking in at 65, FB's RSI is approaching "overbought" territory, suggesting a near-term dip could be in the cards. Having said all that, the fact remains that the stock has been extremely impressive of late. In the past month, FB has outperformed the broader S&P 500 Index (SPX) by 10.5 percentage points. And since hitting a post-election low of $113.55 in mid-November, the shares have surged over 15%. Finally, on the fundamental front, Facebook Inc (NASDAQ: FB) is working on a set-top box , according to The Wall Street Journal. The reported goal is to turn the social media site's video content into a viewing destination, ...
Asia Will Take Over The World, And Facebook Inc Fb Wants In
... Association declared 2016 the best year for blacks in cinema ‘ever’.”. While these are profound steps towards diversity and inclusion, there’s a glaring omission. According to researchers at the University of Southern California, “‘at least half or more of all cinematic, television, or streaming stories” didn’t portray a single Asian or Asian-American on screen.'”. This “yellow-out” may be swept under the rug now, but mark my words, FB stock will change everything. Asian Markets Too Bigly for FB Stock to Ignore. As Investor Place contributor Craig Adeyanju notes, the Facebook stock price is all about the numbers, and the numbers look amazing! Adeyanju writes that with “Facebook on course to reach 2 billion users this year without China, the opportunities become bigger once China allows FB in its country again. Keep in mind that China currently has the largest number of internet users globally.”. He is so right — the number ...
Fb, Met, Nxpi, All, Avb, Ew, Amp, Symc, Lnc, Holx, Unm, Xl
... National Corporation ( LNC ) is reporting for the quarter ending December 31, 2016. The life insurance company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.71. This value represents a 11.04% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for LNC is 10.55 vs. an industry ratio of -1.10, implying that they will have a higher earnings growth than their competitors in the same industry. Hologic, Inc. ( HOLX ) is reporting for the quarter ending December 31, 2016. The medical instruments company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.51. This value represents a 10.87% increase compared to the same quarter last year. In the past year HOLX has beat the expectations every quarter. The highest one was in the 3 rd calendar quarter where they beat the consensus by 4%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for HOLX is 18.94 vs. an industry ratio of 6.20, implying that they will have a higher earnings growth than their competitors in the same industry. ...
Facebook Inc Fb Stock Is Still Marching Toward $150
... off some FB investors as seen with the near-3% decline Facebook stock suffered at the end of 2016. Still, with fast-growing assets, such as Instagram and Messenger, which will help drive growth in the quarters ahead, the Menlo Park, California-based company continues to be a dominant force in the realm of advertising. Facebook Stock Is Still Standing Strong. What’s more, FB has perfected mobile, which gives it a distinct advantage over Twitter Inc (NYSE: TWTR ) and even Alphabet Inc (NASDAQ: GOOG , NASDAQ: GOOGL ). For this reason, Facebook is expected reach $30 billion in mobile ad revenue and $38 billion in 2018, according to research firm e Marketer. The firm also indicates that mobile advertising comprises roughly 50% of the digital spending in the U. S. As such, FB stock should make up a bigger share of your portfolio. Notably, while Facebook did spook investors ...
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