NASDAQ:GOOGLAlphabet Stock Price, Forecast & News

$1,206.57

-0.43 (-0.04 %)

(As of 04/10/2020 04:33 AM ET)

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Today's Range

$1,192.42

Now: $1,206.57▼

$1,221.99

50-Day Range

$1,054.13

MA: $1,239.02▼

$1,524.87

52-Week Range

$1,008.87

Now: $1,206.57▼

$1,530.74

Volume2.92 million shs

Average Volume2.50 million shs

Market Capitalization$829.26 billion

P/E Ratio24.53

Dividend YieldN/A

Beta1.04

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. This segment also offers digital content, enterprise cloud services, and hardware products, as well as other miscellaneous products and services. The Other Bets segment includes businesses, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X, as well as fiber Internet and Television services. Alphabet Inc. was founded in 1998 and is headquartered in Mountain View, California.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Alphabet has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 41 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1,493.64, Alphabet has a potential upside of 23.8% from its current price of $1,206.57.
Amount of Analyst Coverage
Alphabet has been the subject of 24 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.9 Community Rank

Outperform Votes
Alphabet has received 2,272 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Alphabet has received 675 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Alphabet has received 77.10% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Alphabet does not currently pay a dividend.
Dividend Growth
Alphabet does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alphabet insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 13.20% of the stock of Alphabet is held by insiders.
Percentage Held by Institutions
35.06% of the stock of Alphabet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Alphabet are expected to grow by 25.31% in the coming year, from $46.86 to $58.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alphabet is 24.53, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alphabet is 24.53, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 34.79.
Price to Earnings Growth Ratio
Alphabet has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Alphabet has a P/B Ratio of 4.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.05 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer programming, data processing, & other computer related

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:GOOGL

Previous Symbol

CUSIPN/A

CIK1652044

Webhttp://www.abc.xyz/

Phone650-253-0000

Debt

Debt-to-Equity Ratio0.07

Current Ratio3.37

Quick Ratio3.35

Price-To-Earnings

Trailing P/E Ratio24.53

Forward P/E Ratio25.75

P/E Growth1.59

Sales & Book Value

Annual Sales$161.86 billion

Price / Sales5.12

Cash Flow$70.85 per share

Price / Cash Flow17.03

Book Value$292.65 per share

Price / Book4.12

Profitability

EPS (Most Recent Fiscal Year)$51.56

Net Income$34.34 billion

Net Margins21.22%

Return on Equity18.66%

Return on Assets13.84%

Miscellaneous

Employees118,899

Outstanding Shares687,285,000

Market Cap$829.26 billion

Next Earnings Date5/4/2020 (Estimated)

OptionableOptionable

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Alphabet (NASDAQ:GOOGL) Frequently Asked Questions

How has Alphabet's stock been impacted by COVID-19 (Coronavirus)?

Alphabet's stock was trading at $1,210.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GOOGL stock has decreased by 0.4% and is now trading at $1,206.57. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Alphabet?

45 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 4 hold ratings and 41 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alphabet.

When is Alphabet's next earnings date?

Alphabet is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Alphabet.

How were Alphabet's earnings last quarter?

Alphabet Inc (NASDAQ:GOOGL) released its earnings results on Monday, February, 3rd. The information services provider reported $15.35 earnings per share for the quarter, topping the consensus estimate of $12.76 by $2.59. The information services provider had revenue of $37.57 billion for the quarter, compared to analysts' expectations of $38.44 billion. Alphabet had a net margin of 21.22% and a return on equity of 18.66%. During the same period in the prior year, the firm posted $12.77 earnings per share. View Alphabet's earnings history.

What price target have analysts set for GOOGL?

45 brokerages have issued 1 year price targets for Alphabet's shares. Their forecasts range from $1,197.00 to $1,800.00. On average, they expect Alphabet's stock price to reach $1,493.64 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price. View analysts' price targets for Alphabet.

Has Alphabet been receiving favorable news coverage?

News articles about GOOGL stock have been trending very negative this week, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alphabet earned a news impact score of -3.3 on InfoTrie's scale. They also gave media 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 company's share price in the next several days. View the latest news aboutAlphabet.

Are investors shorting Alphabet?

Alphabet saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,025,100 shares, an increase of 34.6% from the February 27th total of 2,990,000 shares. Based on an average trading volume of 2,754,500 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.4% of the shares of the stock are short sold. View Alphabet's Current Options Chain.

Who are some of Alphabet's key competitors?

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

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), Verizon Communications (VZ) and Walt Disney (DIS).

Who are Alphabet's key executives?

Alphabet's management team includes the following 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)

What is Alphabet's stock symbol?

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

Who are Alphabet's major shareholders?

Alphabet's stock is owned by a number of institutional and retail investors. Top institutional shareholders include LGT Capital Partners LTD. (0.02%), Metropolis Capital Ltd (0.01%), Hexavest Inc. (0.01%), State of Alaska Department of Revenue (0.01%), M&G Investment Management Ltd. (0.01%) and IFM Investors Pty Ltd (0.00%).

Which institutional investors are selling Alphabet stock?

GOOGL stock was sold by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Corrado Advisors LLC, Centre Asset Management LLC, IFM Investors Pty Ltd, Provenire Capital LLC, Gillespie Robinson & Grimm Inc., E&G Advisors LP, and Xcel Wealth Management LLC.

Which institutional investors are buying Alphabet stock?

GOOGL stock was acquired by a variety of institutional investors in the last quarter, including Hexavest Inc., LGT Capital Partners LTD., Metropolis Capital Ltd, IBM Retirement Fund, State of Alaska Department of Revenue, FNY Investment Advisers LLC, Park National Corp OH, and Spirit of America Management Corp NY.

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 $1,206.57.

How big of a company is Alphabet?

Alphabet has a market capitalization of $829.26 billion and generates $161.86 billion in revenue each year. The information services provider earns $34.34 billion in net income (profit) each year or $51.56 on an earnings per share basis. Alphabet employs 118,899 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]

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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