Facebook is said to be investigated by FTC over internal disclosures

  • Staffers at the Federal Trade Commission are said to be reviewing Facebook 's (NASDAQ:FB) internal research that showed its products may have harmful effects on users.
  • Agency staffers are evaluating if internal Facebook (FB) research may indicate the company violated a 2019 FTC settlement over privacy concerns, according to a WSJ report.
  • The WSJ reported in September that Facebook allegedly knew that Instagram may be harmful to teens.

    For this year Facebook 's (located in Menlo Park) revenue will be around 118 billion USD. This is according to the average of the analysts' estimates. This is rather significant more than 2021's revenue of 85.97 billion USD.

    Historical revenues and results Facebook plus estimates 2021

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    The analysts expect for 2021 a net profit of 40.16 billion USD. The majority of the analysts expects for this year a profit per share of 13.99 USD. The price/earnings-ratio is then 23.13.

    For this year analysts don't expect the company to pay a dividend. The average dividend yield of the internet companies is a moderate 1.45 percent.

    Newest target prices around 388 USD

    The most recent recommendations for the internet company are from Jefferies & Co., RBC Capital Markets and Goldman Sachs .

    Based on the current number of outstanding shares Facebook 's market capitalization is 778.83 billion USD. 23

    On Friday, the stock closed at 323.57 USD.

    Historical stock prices Facebook from 2007 till 2021

    stock price facebook

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