NASDAQ:GOOG - Alphabet Stock Price, Price Target & More

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

Alphabet's stock split on the morning of Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly created 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 approved a share buyback program on Friday, February 2nd 2018, which authorizes the company to repurchase $8,589,870,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Alphabet Inc. (NASDAQ:GOOG) posted its quarterly earnings data on Monday, April, 23rd. The information services provider reported $9.93 EPS for the quarter, topping the consensus estimate of $9.28 by $0.65. The information services provider had revenue of $31.15 billion for the quarter, compared to the consensus estimate of $30.28 billion. Alphabet had a return on equity of 15.79% and a net margin of 14.19%. The firm's quarterly revenue was up 25.8% compared to the same quarter last year. During the same period last year, the business earned $7.73 earnings per share. View Alphabet's Earnings History.

Alphabet is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Alphabet.

39 Wall Street analysts have issued 12 month price targets for Alphabet's shares. Their predictions range from $725.00 to $1,350.00. On average, they anticipate Alphabet's stock price to reach $1,104.0667 in the next twelve months. View Analyst Ratings for Alphabet.

Alphabet saw a drop in short interest during the month of April. As of April 13th, there was short interest totalling 2,615,420 shares, a drop of 28.3% from the March 30th total of 3,647,002 shares. Based on an average daily trading volume, of 1,840,731 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.9% of the company's stock are sold short.

Some companies that are related to Alphabet include Alphabet (GOOGL), Facebook (FB), Baidu (BIDU), Red Hat Software (RHT), Weibo (WB), Twitter (TWTR), IHS Markit (INFO), Snap (SNAP), Match Group (MTCH), 58.com (WUBA), Yandex (YNDX), LINE (LN), FactSet (FDS), TripAdvisor (TRIP) and Sabre (SABR).

Media coverage about GOOG stock has been trending positive on Wednesday, Accern reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Alphabet earned a daily sentiment score of 0.25 on Accern's scale. They also assigned media coverage about the information services provider an impact score of 43.22 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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, Scottrade, Fidelity and Charles Schwab.

One share of GOOG stock can currently be purchased for approximately $1,021.18.

Alphabet has a market capitalization of $741.65 billion and generates $110.86 billion in revenue each year. The information services provider earns $12.66 billion in net income (profit) each year or $32.05 on an earnings per share basis.

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.