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

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

Alphabet announced that its board has authorized a stock buyback plan on Friday, February 2nd 2018, which permits the company to buyback $8,589,870,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

Alphabet Inc (NASDAQ:GOOGL) posted its quarterly earnings data on Monday, February, 4th. The information services provider reported $12.77 earnings per share for the quarter, beating analysts' consensus estimates of $11.08 by $1.69. The information services provider had revenue of $31.84 billion for the quarter, compared to analysts' expectations of $31.28 billion. Alphabet had a net margin of 22.47% and a return on equity of 19.94%. During the same period last year, the company earned $9.70 EPS. 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.

30 brokers have issued 12 month target prices 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 $1,332.2650 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets for Alphabet.

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

Headlines about GOOGL stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press 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 nearest to five being the most favorable. Alphabet earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Alphabet saw a increase in short interest during the month of February. As of February 15th, there was short interest totalling 2,183,291 shares, an increase of 35.9% from the January 31st total of 1,606,498 shares. Based on an average daily trading volume, of 1,976,618 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.7% of the company's stock 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), Snap (SNAP), Weibo (WB), Yandex (YNDX), 58.com (WUBA), FactSet Research Systems (FDS), Trade Desk (TTD), Line (LN) and Tripadvisor (TRIP).

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), Boeing (BA), Visa (V) and Intel (INTC).

Alphabet's stock is owned by many different of institutional and retail investors. Top institutional shareholders include MUFG Securities EMEA plc (9.09%), Oregon Public Employees Retirement Fund (7.89%), BlackRock Inc. (2.70%), FMR LLC (2.30%), Norges Bank (0.56%) and Geode Capital Management LLC (0.55%).

GOOGL stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, 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 and State Treasurer State of Michigan.

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

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 $1,234.4650.

Alphabet has a market capitalization of $858.19 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]