NASDAQ:GOOG - Alphabet Stock Price, Forecast & News

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

Alphabet shares split on the morning of 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 stock buyback 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 reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

Alphabet Inc (NASDAQ:GOOG) announced its quarterly earnings results on Monday, October, 28th. The information services provider reported $10.12 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $12.57 by $2.45. The information services provider had revenue of $40.50 billion for 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 firm's quarterly revenue was up 20.0% compared to the same quarter last year. During the same period in the prior 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 twelve-month price targets for Alphabet's stock. 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 11.8% 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.

News stories about GOOG stock have trended somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 0.9 on InfoTrie's scale. They also assigned press coverage about the information services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Alphabet.

Alphabet saw a increase in short interest in 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 presently 2.6 days. Approximately 1.1% of the shares of the company 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), 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 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, 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 $1,318.39.

Alphabet has a market capitalization of $909.28 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.