NASDAQ:GOOG - Alphabet Stock Price, News & Analysis

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

Shares of Alphabet split before market open on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly minted 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 declared that its Board of Directors has initiated a stock buyback program on Friday, February 2nd 2018, which permits the company to buyback $8,589,870,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

Alphabet Inc (NASDAQ:GOOG) released its quarterly earnings results on Thursday, July, 25th. The information services provider reported $14.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $11.49 by $2.72. The information services provider had revenue of $38.94 billion for the quarter, compared to the consensus estimate of $38.21 billion. Alphabet had a return on equity of 20.15% and a net margin of 23.43%. The business's revenue was up 19.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $11.75 earnings per share. View Alphabet's Earnings History.

Alphabet is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Alphabet.

27 brokers have issued twelve-month price targets for Alphabet's stock. Their forecasts range from $1,140.00 to $1,500.00. On average, they anticipate Alphabet's stock price to reach $1,379.7692 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for Alphabet.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 2 hold ratings and 25 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alphabet.

Media coverage about GOOG stock has trended negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alphabet earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the information services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Alphabet.

Alphabet saw a increase in short interest in July. As of July 15th, there was short interest totalling 2,670,000 shares, an increase of 7.2% from the June 15th total of 2,490,000 shares. Based on an average daily volume of 1,560,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the shares of the company are short sold. View Alphabet's Current Options Chain.

Some companies that are related to Alphabet include Alphabet (GOOGL), Facebook (FB), Red Hat (RHT), Baidu (BIDU), Twitter (TWTR), IHS Markit (INFO), Zoom Video Communications (ZM), Match Group (MTCH), Snap (SNAP), Yandex (YNDX), Trade Desk (TTD), FactSet Research Systems (FDS), Weibo (WB), Line (LN) and 58.com (WUBA).

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

Alphabet's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.27%), BlackRock Inc. (2.91%), Price T Rowe Associates Inc. MD (1.66%), Northern Trust Corp (0.61%), JPMorgan Chase & Co. (0.54%) and Invesco Ltd. (0.54%). 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 Janus Henderson Group PLC, Morgan Stanley, Egerton Capital UK LLP, Amundi Pioneer Asset Management Inc., Maplelane Capital LLC, Jennison Associates LLC, UBS Asset Management Americas Inc. and Farallon Capital Management LLC. 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, L John Doerr and Sundar Pichai. View Insider Buying and Selling for Alphabet.

GOOG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Investec Asset Management LTD, BlackRock Inc., PenderFund Capital Management Ltd., Vanguard Group Inc., Polen Capital Management LLC and Invesco Ltd.. 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, Scottrade, Fidelity and Charles Schwab.

One share of GOOG stock can currently be purchased for approximately $1,198.64.

Alphabet has a market capitalization of $831.14 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.