NASDAQ:GOOG - Alphabet Stock Price, Forecast & News

Alphabet trades on the NASDAQ under the ticker symbol "GOOG."

Shares of Alphabet split on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly minted shares were issued to shareholders after the market closes on Wednesday, April 2nd 2014. An investor that had 100 shares of Alphabet stock prior to the split would have 200 shares after the split.

Alphabet announced that its board has initiated a share repurchase program on Friday, February 2nd 2018, which allows the company to buyback $8,589,870,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Alphabet Inc (NASDAQ:GOOG) announced its earnings results on Monday, October, 28th. The information services provider reported $10.12 EPS for the quarter, missing analysts' consensus estimates of $12.57 by $2.45. The information services provider had revenue of $40.50 billion for the quarter, compared to the consensus estimate of $40.17 billion. Alphabet had a return on equity of 18.34% and a net margin of 21.04%. Alphabet's quarterly revenue was up 20.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $13.06 earnings per share. View Alphabet's Earnings History.

Alphabet is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Alphabet.

22 brokerages have issued 1-year price targets for Alphabet's shares. Their forecasts range from $1,287.00 to $1,700.00. On average, they expect Alphabet's stock price to reach $1,474.07 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price. View Analyst Price Targets for Alphabet.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 1 hold rating and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alphabet.

Media coverage about GOOG stock has trended somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alphabet earned a coverage optimism score of 1.3 on InfoTrie's scale. They also assigned news stories about the information services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View News Stories for Alphabet.

Alphabet saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 3,320,000 shares, an increase of 23.9% from the October 31st total of 2,680,000 shares. Based on an average trading volume of 1,290,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.1% of the company's stock are sold short. View Alphabet's Current Options Chain.

Some companies that are related to Alphabet include Omnicom Group (OMC), Interpublic Group of Companies (IPG), Lamar Advertising (LAMR), CLEAR CHANNEL O/SH (CCO), National CineMedia (NCMI), MDC Partners (MDCA) and Harte Hanks (HHS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alphabet investors own include Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Tesla (TSLA), Visa (V), Intel (INTC), Boeing (BA), Starbucks (SBUX) and Bank of America (BAC).

Alphabet's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (1.71%), Sumitomo Mitsui Trust Holdings Inc. (0.18%), Generation Investment Management LLP (0.17%), Parametric Portfolio Associates LLC (0.11%), Massachusetts Financial Services Co. MA (0.10%) and Russell Investments Group Ltd. (0.09%). Company insiders that own Alphabet stock include Amie Thuener O'toole, Ann Mather, Capitalg Lp, David C Drummond, James Grier Campbell, John L Hennessy, L John Doerr and Sundar Pichai. View Institutional Ownership Trends for Alphabet.

GOOG stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, First Trust Advisors LP, Simplex Trading LLC, Manning & Napier Group LLC, Assenagon Asset Management S.A., Massachusetts Financial Services Co. MA, SG Americas Securities LLC and Russell Investments Group Ltd.. Company insiders that have sold Alphabet company stock in the last year include Amie Thuener O'toole, Ann Mather, David C Drummond, John L Hennessy and Sundar Pichai. View Insider Buying and Selling for Alphabet.

GOOG stock was bought by a variety of institutional investors in the last quarter, including Generation Investment Management LLP, California Public Employees Retirement System, State Street Corp, Rheos Capital Works Inc., Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, Man Group plc, Phoenix Holdings Ltd. and James Hambro & Partners. View Insider Buying and Selling for Alphabet.

Shares of GOOG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GOOG stock can currently be purchased for approximately $1,340.62.

Alphabet has a market capitalization of $924.61 billion and generates $136.82 billion in revenue each year. The information services provider earns $30.74 billion in net income (profit) each year or $47.51 on an earnings per share basis. Alphabet employs 98,771 workers across the globe.View Additional Information About Alphabet.

The official website for Alphabet is http://www.google.com/.

Alphabet's mailing address is 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043. The information services provider can be reached via phone at 650-253-0000.