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.
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
Phone650-253-0000
Debt
Debt-to-Equity Ratio0.02
Current Ratio4.14
Quick Ratio4.10
Price-To-Earnings
Trailing P/E Ratio32.65
Forward P/E Ratio23.25
P/E Growth1.29
Sales & Book Value
Annual Sales$110.86 billion
Price / Sales6.57
Cash Flow$42.3717 per share
Price / Cash Flow24.70
Book Value$219.50 per share
Price / Book4.77
Profitability
EPS (Most Recent Fiscal Year)$32.05
Net Income$12.66 billion
Net Margins14.45%
Return on Equity19.40%
Return on Assets14.95%
Miscellaneous
Employees80,110
Outstanding Shares695,880,000
Market Cap$728.29 billion
OptionableOptionable
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 stock buyback plan on Friday, February 2nd 2018, which permits the company to repurchase $8,589,870,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.
How were Alphabet's earnings last quarter?
Alphabet Inc (NASDAQ:GOOGL) announced its earnings results on Thursday, October, 25th. The information services provider reported $13.06 EPS for the quarter, topping analysts' consensus estimates of $10.54 by $2.52. The information services provider earned $27.16 billion during the quarter, compared to the consensus estimate of $27.32 billion. Alphabet had a net margin of 14.45% and a return on equity of 19.40%. View Alphabet's Earnings History.
When is Alphabet's next earnings date?
What price target have analysts set for GOOGL?
31 brokerages have issued 1 year price targets for Alphabet's shares. Their forecasts range from $1,010.00 to $1,500.00. On average, they anticipate Alphabet's share price to reach $1,352.3667 in the next year. This suggests a possible upside of 29.2% from the stock's current price. View Analyst Price Targets for Alphabet.
What is the consensus analysts' recommendation for Alphabet?
31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 4 hold ratings and 27 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. According to Zacks Investment Research, "Alphabet suffers from litigation issues which might hurt its profitability. Moreover, it's increased spending on its consumer gadgets, YouTube video app and cloud computing services remain concerns. In addition, rising competition in the online advertisement market poses serious risk to the company's position. However, it has outperformed the industry it belongs to on a 12-months basis. The company's robust mobile growth, strong network advertising revenues, cloud, hardware and Play revenues are positives. Alphabet's focus on innovation, AI, cloud, home automation space, strategic acquisitions and Android OS should continue to aid its top-line growth. Further, its partnership with PayPal remains positive. Also, the company has shown good execution to date, more or less maintaining its dominant share in a competitive, fast-growing search market." (9/25/2018)
- 2. Stifel Nicolaus analysts commented, "We remain Hold rated with a $1,150 price target, however we are incrementally positive on Alphabet’s long-term position given strategic challenges facing Facebook. GOOGL shares currently trade at ~12x EV / 2019E adj. EBITDA and 23x 2019E GAAP EPS." (4/23/2018)
- 3. Bank of America Corp analysts commented, "Sprint’s wireless revenue declined by 3% YOY in F3Q17, a 1% beat. Consolidated cash EBITDA of $1.73B beat our $1.69B estimate, growing 7% YOY, and a still low 21% margin. Phone adds of 184K were below our Street-low 225K estimate as T/VZ had strong quarters (BoGo/Unlimited/Video Bundling). Postpaid phone churn rose 13 bps to 1.71%, in line with our estimate, as Sprint keeps prices high. The company maintained EBITDA guidance but lowered CAPX guidance. Network speeds are up 60% YoY. Sprint has deployed 80K Magic Boxes and plans to deploy more than 1M, a very smart strategy. We look for color on 3Q trends from expiring promotional offers. Our main concerns are weak network coverage and revenue growth ." (2/2/2018)
Has Alphabet been receiving favorable news coverage?
News headlines about GOOGL stock have been trending positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring 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 media sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the next several days.
Who are some of Alphabet's key competitors?
Some companies that are related to Alphabet include Alphabet (GOOG), Facebook (FB), Baidu (BIDU), Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Weibo (WB), Match Group (MTCH), Yandex (YNDX), FactSet Research Systems (FDS), 58.com (WUBA), Tripadvisor (TRIP), Line (LN), Snap (SNAP) and Sabre (SABR).
Who are Alphabet's key executives?
Alphabet's management team includes the folowing people:
- Mr. Lawrence Edward Page, Co-Founder, CEO & Director (Age 45)
- Mr. Sergey Brin, Co-Founder, Pres & Director (Age 44)
- Ms. Ruth Myrna Porat, Sr. VP & CFO (Age 60)
- Mr. David C. Drummond, Sr. VP of Corp. Devel., Chief Legal Officer & Sec. (Age 55)
- 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 investors include FMR LLC (2.36%), Bank of New York Mellon Corp (0.47%), Massachusetts Financial Services Co. MA (0.36%), Morgan Stanley (0.36%), American Century Companies Inc. (0.32%) and Jennison Associates LLC (0.28%).
Which institutional investors are selling Alphabet stock?
GOOGL stock was sold by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Trust & Banking Corp, Private Advisor Group LLC, Nordea Investment Management AB, Alecta Pensionsforsakring Omsesidigt, Clearbridge Investments LLC, Cornerstone Wealth Management LLC, Canada Pension Plan Investment Board and Fusion Family Wealth LLC.
Which institutional investors are buying Alphabet stock?
GOOGL stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Rehmann Capital Advisory Group, FMR LLC, Glenmede Trust Co. NA, Edgewood Management LLC, Jennison Associates LLC, Marshall Wace North America L.P. and Matthew Goff Investment Advisor 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, Scottrade, Fidelity and Charles Schwab.
What is Alphabet's stock price today?
One share of GOOGL stock can currently be purchased for approximately $1,046.58.
How big of a company is Alphabet?
Alphabet has a market capitalization of $728.29 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 employs 80,110 workers across the globe.
What is Alphabet's official website?
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)
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.
