CG_Financial

FB Fundy's

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NASDAQ:META   Meta Platforms
Earnings growth is slowing. Forward looking earnings growth is around 8% if you include a 9-11% loss of EPS in 2022. 18.44% growth in 2023, 14% expected in 2024. Still an advertising juggernaut. Blended P/E of about 16 is incredibly low. It seems like it'll resume a more consistent growth after this hiccup. I think it'll start trading closer to a 20 P/E in the future with growth fading a little and speculation into the metaverse causing uncertainties. Like, when do shareholders expect to profit from that? It's a risky move imo to change the name of the company to Meta, so there's a lot of unknowns there.
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