Alphabet Stock Price, News & Analysis (NASDAQ:GOOGL)

$1,229.84
-8.91 (-0.72 %)
(As of 09/23/2019 07:14 AM ET)
Today's Range
$1,223.58
Now: $1,229.84
$1,242.77
50-Day Range
$1,153.58
MA: $1,194.05
$1,240.03
52-Week Range
$977.66
Now: $1,229.84
$1,296.97
Volume1.39 million shs
Average Volume1.13 million shs
Market Capitalization$852.77 billion
P/E Ratio25.89
Dividend YieldN/A
Beta0.99
Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality. Read More…

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOOGL
CUSIPN/A
Phone650-253-0000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$136.82 billion
Cash Flow$60.5833 per share
Book Value$255.38 per share

Profitability

Net Income$30.74 billion

Miscellaneous

Employees98,771
Market Cap$852.77 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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Alphabet (NASDAQ:GOOGL) Frequently Asked Questions

What is Alphabet's stock symbol?

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

How will Alphabet's stock buyback program work?

Alphabet announced that its Board of Directors has approved a share buyback plan 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 repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

How were Alphabet's earnings last quarter?

Alphabet Inc (NASDAQ:GOOGL) posted its quarterly earnings results on Thursday, July, 25th. The information services provider reported $14.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $11.49 by $2.72. The information services provider had revenue of $31.71 billion for the quarter, compared to the consensus estimate of $30.90 billion. Alphabet had a net margin of 23.43% and a return on equity of 20.15%. View Alphabet's Earnings History.

When is Alphabet's next earnings date?

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

What price target have analysts set for GOOGL?

37 brokerages have issued 12 month price objectives for Alphabet's stock. Their predictions range from $1,197.00 to $1,550.00. On average, they anticipate Alphabet's share price to reach $1,378.8889 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for Alphabet.

What is the consensus analysts' recommendation for Alphabet?

37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 6 hold ratings and 31 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alphabet.

What are Wall Street analysts saying about Alphabet stock?

Here are some recent quotes from research analysts about Alphabet stock:
  • 1. Stifel Nicolaus analysts commented, "We forecast 2Q gross revenue growth +17% y/y (+17% Street) for Alphabet (from +19% FX-adj. / +17% reported in 1Q). Our EPS estimates are just ahead of the Street as TAC trends and headcount growth moderate. We view shares as fairly-valued at current levels and believe the multiple is likely to remain range bound as the stock works through a deceleration digestion period with lower visibility into near-term revenue growth rates." (7/23/2019)
  • 2. SunTrust Banks, Inc. analysts commented, "We remain constructive on GOOGL into 2Q earnings on 7/25, as our checks with marketers support our estimates/consensus, showing only a slight deceleration in the top line despite strong showing from Amazon and continued regulatory pressure from the EU and the US. We expect GOOGL to show above-industry y/y growth driven by strength in Sites (from both search and video (YouTube)), along with contributions from emerging areas such as GCP and hardware. We believe the stock remains reasonably valued at 11.5x EV/ EBITDA and 24.4x P/E on our FY19 estimates, and maintain a Buy rating. Expecting In-Line 2Q19 Results. We believe Google will report a relatively in-line quarter following a weaker than expected print in 1Q19. Our estimates call for a continued deceleration in net revenues to 16.6% y/y growth (from 18.6% in 1Q19) or $30.6 billion and adj." (7/22/2019)
  • 3. According to Zacks Investment Research, "Alphabet’s strong initiatives toward elimination of bad ads and introducing useful major search updates are tailwinds. Further, Google’s robust mobile search is also a positive. Also, its strong focus toward bolstering presence in the cloud market on the back of expanding data centers and robust cloud offerings continues to aid growth. Further, Google’s strong focus on the innovation of its AI techniques and home automation space is aiding its business growth. The stock has outperformed the industry it belongs to in the past one year. However, the company’s growing litigation issues and increased spending on YouTube and consumer gadgets might hurt its profitability. Also, increasing competition in the advertising business and currency fluctations are concerns." (7/8/2019)

Has Alphabet been receiving favorable news coverage?

News stories about GOOGL stock have been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing 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 nearest to five being the most favorable. Alphabet earned a coverage optimism score of -1.3 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 news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Alphabet.

Are investors shorting Alphabet?

Alphabet saw a decline in short interest in August. As of August 31st, there was short interest totalling 2,471,100 shares, a decline of 5.3% from the July 31st total of 2,608,500 shares. Based on an average trading volume of 1,590,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.8% of the shares of the stock are short sold. View Alphabet's Current Options Chain.

Who are some of Alphabet's key competitors?

What other stocks do shareholders of Alphabet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alphabet investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), General Electric (GE), Canopy Growth (CGC), Booking (BKNG), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS) and Boeing (BA).

Who are Alphabet's key executives?

Alphabet's management team includes the folowing people:
  • Mr. Lawrence Edward Page, Co-Founder, CEO & Director (Age 46)
  • Mr. Sergey Brin, Co-Founder, Pres & Director (Age 45)
  • Ms. Ruth Myrna Porat, Sr. VP & CFO (Age 61)
  • Mr. David C. Drummond, Sr. VP of Corp. Devel., Chief Legal Officer & Sec. (Age 56)
  • Ms. Amie Thuener O'Toole, Chief Accounting Officer & VP (Age 43)

Who are Alphabet's major shareholders?

Alphabet's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.25%), Price T Rowe Associates Inc. MD (1.00%), Invesco Ltd. (0.69%), Northern Trust Corp (0.56%), Thoroughbred Financial Services LLC (0.49%) and Morgan Stanley (0.33%).

Which major investors are selling Alphabet stock?

GOOGL stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, UBS Asset Management Americas Inc., Price T Rowe Associates Inc. MD, Primecap Management Co. CA, Marshall Wace LLP, Viking Global Investors LP, Quest Capital Management Inc. ADV and California Public Employees Retirement System.

Which major investors are buying Alphabet stock?

GOOGL stock was acquired by a variety of institutional investors in the last quarter, including Thoroughbred Financial Services LLC, Nuveen Asset Management LLC, Invesco Ltd., Packer & Co Ltd, Veritas Asset Management LLP, Vanguard Group Inc., AQR Capital Management LLC and Moneta Group Investment Advisors LLC.

How do I buy shares of Alphabet?

Shares of GOOGL 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.

What is Alphabet's stock price today?

One share of GOOGL stock can currently be purchased for approximately $1,229.84.

How big of a company is Alphabet?

Alphabet has a market capitalization of $852.77 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.

What is Alphabet's official website?

The official website for Alphabet is http://www.abc.xyz/.

How can I contact Alphabet?

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 or via email at [email protected]


MarketBeat Community Rating for Alphabet (NASDAQ GOOGL)

Community Ranking:  3.9 out of 5 (star star star)
Outperform Votes:  2,105 (Thanks for Voting!)
Underperform Votes:  592 (Thanks for Voting!)
Total Votes:  2,697
MarketBeat's community ratings are surveys of what our community members think about Alphabet and other stocks. Vote "Outperform" if you believe GOOGL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GOOGL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

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