NASDAQ:GOOGL - Alphabet Stock Price, Forecast & News

$1,484.38

+2.13 (+0.14 %)

(As of 01/22/2020 03:58 PM ET)

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Today's Range

$1,482.66

Now: $1,484.38▼

$1,500.58

50-Day Range

$1,294.74

MA: $1,377.16▼

$1,482.25

52-Week Range

$1,027.03

Now: $1,484.38▼

$1,480.55

Volume1.11 million shs

Average Volume1.21 million shs

Market Capitalization$1.02 trillion

P/E Ratio31.85

Dividend YieldN/A

Beta1.01

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

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 Ratio3.78

Quick Ratio3.75

Price-To-Earnings

Trailing P/E Ratio31.85

Forward P/E Ratio30.27

P/E Growth1.62

Sales & Book Value

Annual Sales$136.82 billion

Price / Sales7.48

Cash Flow$61.24 per share

Price / Cash Flow24.24

Book Value$255.38 per share

Price / Book5.81

Profitability

EPS (Most Recent Fiscal Year)$47.51

Net Income$30.74 billion

Net Margins21.04%

Return on Equity18.34%

Return on Assets13.74%

Miscellaneous

Employees98,771

Outstanding Shares689,690,000

Market Cap$1.02 trillion

Next Earnings Date2/3/2020 (Confirmed)

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 authorized a share buyback plan on Friday, February 2nd 2018, which allows the company to repurchase $8,589,870,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

How were Alphabet's earnings last quarter?

Alphabet Inc (NASDAQ:GOOGL) released its earnings results on Monday, October, 28th. The information services provider reported $10.12 EPS for the quarter, missing analysts' consensus estimates of $12.42 by $2.30. The information services provider had revenue of $33.01 billion for the quarter, compared to analyst estimates of $32.84 billion. Alphabet had a return on equity of 18.34% and a net margin of 21.04%. During the same period in the previous year, the company posted $13.06 earnings per share. View Alphabet's Earnings History.

When is Alphabet's next earnings date?

Alphabet is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Alphabet.

How can I listen to Alphabet's earnings call?

Alphabet will be holding an earnings conference call on Monday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for GOOGL?

43 brokerages have issued 12 month price objectives for Alphabet's shares. Their forecasts range from $1,197.00 to $1,700.00. On average, they expect Alphabet's share price to reach $1,457.40 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View Analyst Price Targets for Alphabet.

What is the consensus analysts' recommendation for Alphabet?

43 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 5 hold ratings and 38 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 will continue to be driven by improving search & advertising revenues, hardware and AI. Its strong focus on bolstering presence in the cloud market on the back of expanding data centers and robust cloud offerings continues to aid growth. The company’s strong initiatives toward elimination of bad ads and introducing useful major search updates are tailwinds. Google’s robust mobile search is also a positive. Its strong focus on innovation of its AI techniques and the home automation space is aiding business growth. The stock has outperformed the industry in the past year. However, the company’s growing litigation issues, growing competition, and increased spending on YouTube might hurt profitability." (10/25/2019)
2. 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)
3. 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)

Has Alphabet been receiving favorable news coverage?

Headlines about GOOGL stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog 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 media sentiment score of -2.3 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Alphabet.

Are investors shorting Alphabet?

Alphabet saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,550,000 shares, an increase of 5.3% from the December 15th total of 3,370,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the short-interest ratio is currently 2.6 days. Approximately 1.2% of the shares of the company 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), IHS Markit (INFO), Snap (SNAP), Twitter (TWTR), Match Group (MTCH), Zoom Video Communications (ZM), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), Line (LN), Weibo (WB), FactSet Research Systems (FDS) 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 Paypal (PYPL).

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 many different of retail and institutional investors. Top institutional investors include Johanson Financial Advisors Inc. (0.38%), DNB Asset Management AS (0.07%), Assenagon Asset Management S.A. (0.04%), Calamos Advisors LLC (0.03%), Commerzbank Aktiengesellschaft FI (0.03%) and Marathon Asset Management LLP (0.02%).

Which major investors are selling Alphabet stock?

GOOGL stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Commerzbank Aktiengesellschaft FI, Tocqueville Asset Management L.P., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Assenagon Asset Management S.A., United Services Automobile Association, Calamos Advisors LLC and Coronation Fund Managers Ltd..

Which major investors are buying Alphabet stock?

GOOGL stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Candriam Luxembourg S.C.A., Mercator Fund Cayman Master LP, Marathon Asset Management LLP, Metropolis Capital Ltd, Pennsylvania Trust Co, Zurcher Kantonalbank Zurich Cantonalbank and Chicago Capital 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 $1,488.98.

How big of a company is Alphabet?

Alphabet has a market capitalization of $1.03 trillion 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 ( )
Outperform Votes:		2,197 (Vote Outperform)
Underperform Votes:		641 (Vote Underperform)
Total Votes:		2,838

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 1/22/2020 by MarketBeat.com Staff

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