If you are wondering whether Meta Platforms is still reasonably priced after its big run in recent years, this article will walk through what the current share price could imply about value.
The stock most recently closed at US$631.09, with a 7 day return of a 4.5% decline, a 30 day return of a 2.0% decline, a year to date return of a 3.0% decline and a 1 year return of 6.5%, while the 3 year return is very large and the 5 year return is 143.4%.
Recent headlines around Meta have focused on its position as a major social media and digital advertising platform, as well as its heavy investment into virtual and augmented reality projects. These themes help frame how investors are thinking about its long term prospects and what they are…
