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

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

Alphabet declared that its Board of Directors has initiated a stock buyback program 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 purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors 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, beating analysts' consensus estimates of $11.08 by $1.69. The information services provider earned $31.84 billion during the quarter, compared to analysts' expectations 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 prior year, the firm 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 brokerages have issued 1 year price objectives for Alphabet's stock. Their forecasts range from $1,100.00 to $1,500.00. On average, they anticipate Alphabet's stock price to reach $1,332.2650 in the next twelve months. This suggests a possible upside of 8.6% 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.

Media headlines about GOOGL stock have been trending very negative this week, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Alphabet earned a daily sentiment score of -3.6 on InfoTrie's scale. They also gave media headlines about the information services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Alphabet saw a increase in short interest in 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 volume of 1,976,618 shares, the short-interest ratio is presently 1.1 days. Currently, 0.7% of the shares of the 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 Walt Disney (DIS).

Alphabet's stock is owned by a number of of institutional and retail investors. Top institutional investors 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 purchased 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 $1,226.43.

Alphabet has a market capitalization of $852.60 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]