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 Ratio32.48
Forward P/E Ratio23.05
P/E Growth1.29
Sales & Book Value
Annual Sales$110.86 billion
Price / Sales6.51
Cash Flow$41.7882 per share
Price / Cash Flow24.83
Book Value$219.50 per share
Price / Book4.73
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$731.86 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 initiated a stock buyback plan on Friday, February 2nd 2018, which permits the company to repurchase $8,589,870,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually 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) released its earnings results on Thursday, October, 25th. The information services provider reported $13.06 earnings per share for the quarter, beating analysts' consensus estimates of $10.54 by $2.52. The information services provider had revenue of $27.16 billion for the quarter, compared to analysts' expectations of $27.32 billion. Alphabet had a return on equity of 19.40% and a net margin of 14.45%. View Alphabet's Earnings History.
When is Alphabet's next earnings date?
What price target have analysts set for GOOGL?
31 equities research analysts have issued twelve-month price objectives for Alphabet's shares. Their forecasts range from $1,010.00 to $1,500.00. On average, they expect Alphabet's stock price to reach $1,352.3667 in the next year. This suggests a possible upside of 30.6% 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?
Media coverage about GOOGL stock has been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alphabet earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned news articles about the information services provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future.
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), 58.com (WUBA), FactSet Research Systems (FDS), Tripadvisor (TRIP), Snap (SNAP), Line (LN) 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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (3.07%), FMR LLC (2.36%), Bank of New York Mellon Corp (0.47%), Massachusetts Financial Services Co. MA (0.36%), Morgan Stanley (0.36%) and American Century Companies Inc. (0.32%).
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, Vanguard Group Inc, Clearbridge Investments LLC, Cornerstone Wealth Management LLC and Canada Pension Plan Investment Board.
Which institutional investors are buying Alphabet stock?
GOOGL stock was bought 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 $1,035.26.
How big of a company is Alphabet?
Alphabet has a market capitalization of $731.86 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.
