NASDAQ:GOOG - Alphabet Stock Price, Forecast & News

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

Alphabet's stock split before market open on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly issued shares were issued to shareholders after the closing bell 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 of Directors has authorized a share buyback plan on Friday, February 2nd 2018, which authorizes the company to buyback $8,589,870,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

Alphabet Inc (NASDAQ:GOOG) announced its earnings results on Monday, October, 28th. The information services provider reported $10.12 earnings per share for the quarter, missing the consensus estimate of $12.57 by $2.45. The information services provider earned $40.50 billion during the quarter, compared to analyst estimates of $40.17 billion. Alphabet had a return on equity of 18.34% and a net margin of 21.04%. The company's quarterly revenue was up 20.0% compared to the same quarter last year. During the same period last year, the company earned $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 equities research analysts have issued 12-month target prices 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 year. This suggests a possible upside of 9.4% 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 stories about GOOG stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Alphabet earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Alphabet.

Alphabet saw a decline in short interest in November. As of November 29th, there was short interest totalling 3,090,000 shares, a decline of 11.7% from the November 14th total of 3,500,000 shares. Based on an average daily volume of 1,296,800 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.0% of the company's shares are short sold. 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), Starbucks (SBUX), Boeing (BA) and Bank of America (BAC).

Alphabet's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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, Capitalg Lp, David C Drummond, John L Hennessy and Sundar Pichai. View Insider Buying and Selling for Alphabet.

GOOG stock was acquired 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 $1,347.83.

Alphabet has a market capitalization of $929.58 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.