Alphabet Company Profile (NASDAQ:GOOG)

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

Shares of Alphabet 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 distributed 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 Inc. (NASDAQ:GOOG) posted its quarterly earnings results on Monday, July, 24th. The company reported $5.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.43 by $0.58. The company had revenue of $26.01 billion for the quarter, compared to the consensus estimate of $25.61 billion. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. Alphabet's quarterly revenue was up 21.0% on a year-over-year basis. During the same period in the prior year, the firm posted $8.42 EPS. View Alphabet's Earnings History.

Alphabet is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Alphabet.

44 analysts have issued 12 month price targets for Alphabet's stock. Their forecasts range from $725.00 to $1,220.00. On average, they anticipate Alphabet's share price to reach $1,032.58 in the next twelve months. View Analyst Ratings for Alphabet.

Here are some recent quotes from research analysts about Alphabet stock:

• 1. Wells Fargo & Company analysts commented, "durable growth engines" and fully addresses the needs of marketers."We believe additional user signals provided by mobile device adoption, expanded targeting options and improvements in measurement are key drivers for increasing search and YouTube ad productivity," the analyst added.Meanwhile, paid click growth showed an "impressive" 61 percent gain on a year-over-year basis and a 15 percent sequential growth within the Google operated properties, Stabler continued. In addition, YouTube saw notable strength despite an ad controversy which appears to have posed no impact on the results.On the other hand, Alphabet did report a higher-than-expected traffic acquisition cost, but this shouldn't be of concern to investors. At the end of the day, Google maintains its status as being well-positioned to continue gaining market share in the online advertising space, and the adoption of machine learning technologies will result in efficiency improvements for marketers.Finally, Alphabet still has many levers for future growth, including YouTube, local, Cloud and hardware sales.Canaccord: Solid Quarter But Don't Don't BuyCanaccord Genuity's Michael Graham maintains a Hold rating on Alphabet's stock with an unchanged $1,000 price target despite the company's "solid" earnings report in which core revenue growth of 19.6 percent was "fairly close" enough to the "psychologically important 20 percent level."Looking forward, Alphabet's third quarter will mark an "important test" as this represents the anniversary in which mobile ad slots started rolling out in 2015 and 2016.Finally, Alphabet may have a gross margin problem in which fast-growing segments boasts lower gross margin structures. For example, the mobile search's gross margin is modeled to be at 60 percent, YouTube is modeled at less than 40 percent and programmatic at less than 20 percent. These figures fall short of the company average of 62 percent over the past three years and 60 percent in the second quarter."We believe these trends are likely to persist for the foreseeable future, and while we applaud the increased gross profit dollars they bring, we note that this headwind makes raising EPS estimates more difficult," (7/22/2017)
• 2. Mizuho analysts commented, "We think there is minimal near-term earnings impact. We believe that YouTube could generate approximately $12 billion+ in gross revenue this year. If 10% of revenue is impacted by this ban, we estimate that this would impact Non-GAAP EPS by approximately $0.15 in 2017 (based on 65%/35% rev split, 30% YT operating margin and 19% tax rate). This would impact our 2017 nonGAAP EPS by less than 1%. However, if Google does not nip this issue in the bud, we think there could be a broader repercussions around YouTube's brand, if consumers, creators and advertisers stop coming to the site. We reiterate our Buy on Alphabet. We like the fact that Alphabet continues to innovate around ads, and we see device bidding, expanded text ads, and Google Cloud as meaningful drivers of growth in 2017. While we view this YT ad issue as a near-term concern, we believe that Google is working hard to address the issues and win back the trust of its brand advertisers." (3/23/2017)
• 3. Pivotal Research analysts commented, "The approach comes across to us as attempting to minimize the problem rather than eliminating it, which is the standard we think that many large brand advertisers expect," the analyst argued. "We think that Google will probably need to articulate goals that sound more like a zero tolerance policy, to alleviate concerns before it can fully recover." (3/20/2017)
• 4. Robert W. Baird analysts commented, "While long-rumored, yesterday's announcement of YouTube TV subscription serve more formally established Google/YouTube as a player in the over-the-top (OTT) content and distribution market, and set to compete more directly with legacy cable/satellite networks as well as pure-play online subscription alternatives (e.g. Amazon/Prime Instant Video, Netflix.) We believe Google/YouTube is well positioned in the market with a large 1 billion+ active user base, significant streaming/download capabilities, and resources to license and create content." (3/1/2017)
• 5. Cowen and Company analysts commented, "GOOG reported solid 4Q16 results, beating our and consensus revenue est.; EPS in line with our est. and beat consensus x-1x items, incl.a 1x $320MM charge in COGS and 1x tax items. Positive results were led by Mobile Search and YouTube, while newer biz (Hardware, Cloud, Play) were strong. We raised N-T est. slightly, and are buyers on weakness; shares down ~2% AH. Reiterate Outperform, PT $1,050." (1/27/2017)

Some companies that are related to Alphabet include Apple (AAPL), Alphabet (GOOGL), Microsoft Corporation (MSFT), Facebook (FB), Tencent Holding (TCEHY), AT&T (T), China Mobile (Hong Kong) (CHL), Verizon Communications (VZ), Oracle Corporation (ORCL), Taiwan Semiconductor Manufacturing Company (TSM), Intel Corporation (INTC), Cisco Systems (CSCO), SAP SE (SAP), International Business Machines Corporation (IBM), Siemens AG (SIEGY), NVIDIA Corporation (NVDA), Broadcom Limited (AVGO) and NTT DOCOMO (DCM).

Alphabet's management team includes the folowing people:

• Eric E. Schmidt Ph.D., Executive Chairman of the Board of Director
• Sergey Brin, President, Director
• Lawrence E. Page, Chief Executive Officer, Director
• Ruth M. Porat, Chief Financial Officer, Senior Vice President
• Sundar Pichai, Director, Chief Executive Officer, Google Inc.
• David C. Drummond, Senior Vice President - Corporate Development, Chief Legal Officer, Secretary
• John L. Hennessy Ph.D., Lead Independent Director
• Diane B. Greene, Director
• L. John Doerr, Independent Director
• Roger W. Ferguson Jr., Independent Director

Alphabet's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.95%), BlackRock Inc. (2.61%), FMR LLC (2.02%), State Street Corp (1.72%), Capital World Investors (0.92%) and Capital Research Global Investors (0.72%). Company insiders that own Alphabet stock include Ann Mather, David C Drummond, Diane B Greene, James Grier Campbell, John L Hennessy, L John Doerr, Lawrence Page, Sergey Brin, Shirley M Tilghman and Sundar Pichai. View Institutional Ownership Trends for Alphabet.

Alphabet's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Egerton Capital UK LLP, Jennison Associates LLC, Capital Guardian Trust Co., Fred Alger Management Inc., Artisan Partners Limited Partnership, Southeastern Asset Management Inc. TN and Bank of Montreal Can. Company insiders that have sold Alphabet stock in the last year include Ann Mather, David C Drummond, Diane B Greene, James Grier Campbell, John L Hennessy, L John Doerr, Lawrence Page, Sergey Brin, Shirley M Tilghman and Sundar Pichai. View Insider Buying and Selling for Alphabet.

Alphabet's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Harbour Capital Advisors LLC, Koch Industries Inc., BlackRock Inc., Capital World Investors, Vanguard Group Inc., Orbis Allan Gray Ltd and Arrowstreet Capital Limited Partnership. View Insider Buying and Selling for Alphabet.

Shares of Alphabet can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Alphabet stock can currently be purchased for approximately $928.53.