In last trading session, Alphabet Inc (NASDAQ:GOOGL) saw 23.08 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $166.62 trading at $2.76 or 1.68% at ring of the bell on the day assigns it a market valuation of $2061.49B. That closing price of GOOGL’s stock is at a discount of -4.86% from its 52-week high price of $174.71 and is indicating a premium of 37.76% from its 52-week low price of $103.71. Taking a look at company’s average trading volume volume of 31.82 million if we extend that period to 3-months.
Alphabet Inc (NASDAQ:GOOGL) trade information
Upright in the green during last session for gaining 1.68%, in the last five days GOOGL remained trading in the green while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $166.62 price level, adding 4.63% to its value on the day. Alphabet Inc’s shares saw a change of 19.28% in year-to-date performance and have moved 6.81% in past 5-day. Alphabet Inc (NASDAQ:GOOGL) showed a performance of 7.55% in past 30-days.
Alphabet Inc (GOOGL) estimates and forecasts
Statistics highlight that Alphabet Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 34.28% of value to its shares in past 6 months, showing an annual growth rate of 30.52% while that of industry is 19.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 12.70% from the last financial year’s standing.
32 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 84.04B for the same. And 30 analysts are in estimates of company making revenue of 85.84B in the next quarter. Company posted 74.6B and 76.69B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 21.56% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 28.75% while estimates for its earnings growth in next 5 years are of 19.23%.
GOOGL Dividends
Alphabet Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
