NASDAQ:GOOGL - Alphabet Stock Price, News, & Analysis

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

Alphabet announced that its Board of Directors has initiated a stock repurchase plan on Friday, February 2nd 2018, which authorizes the company to buyback $8,589,870,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

Alphabet Inc (NASDAQ:GOOGL) released its quarterly earnings data on Monday, February, 4th. The information services provider reported $12.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.08 by $1.69. The information services provider had revenue of $31.84 billion for the quarter, compared to analyst estimates of $31.28 billion. Alphabet had a return on equity of 19.94% and a net margin of 22.47%. During the same quarter in the previous year, the business earned $9.70 earnings per share. View Alphabet's Earnings History.

Alphabet is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for Alphabet.

29 analysts have issued 1 year price objectives for Alphabet's shares. Their predictions range from $1,100.00 to $1,500.00. On average, they expect Alphabet's share price to reach $1,338.8889 in the next year. This suggests a possible upside of 19.9% from the stock's current price. View Analyst Price Targets for Alphabet.

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 1 hold rating and 28 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Alphabet.

Media coverage about GOOGL stock has trended somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alphabet earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news headlines about the information services provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the immediate future.

Alphabet saw a decline in short interest in January. As of January 15th, there was short interest totalling 1,817,239 shares, a decline of 30.7% from the December 31st total of 2,621,656 shares. Based on an average trading volume of 1,765,816 shares, the short-interest ratio is presently 1.0 days. Approximately 0.6% of the shares of the company are short sold. View Alphabet's Current Options Chain.

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

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

Alphabet's stock is owned by a variety of of retail and institutional investors. Top institutional investors include MUFG Securities EMEA plc (9.09%), Oregon Public Employees Retirement Fund (7.89%), BlackRock Inc. (2.70%), Geode Capital Management LLC (0.55%), Northern Trust Corp (0.54%) and Bank of New York Mellon Corp (0.43%).

GOOGL stock was sold by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Bank of New York Mellon Corp, Two Sigma Advisers LP, California Public Employees Retirement System, Acadian Asset Management LLC, Harris Associates L P, State Treasurer State of Michigan and Close Asset Management Ltd.

GOOGL stock was bought by a variety of institutional investors in the last quarter, including MUFG Securities EMEA plc, Oregon Public Employees Retirement Fund, Packer & Co Ltd, Geode Capital Management LLC, Royal London Asset Management Ltd., Legal & General Group Plc, CI Investments Inc. and Northern Trust Corp.

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.

One share of GOOGL stock can currently be purchased for approximately $1,116.56.

Alphabet has a market capitalization of $776.22 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.

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

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]