In recent trading session, Alphabet Inc (NASDAQ:GOOG) saw 6.7 million shares changing hands at last check today with its beta currently measuring 1.06. Company’s recent per share price level of $171.37 trading at -$3.0 or -1.72% at last check today assigns it a market valuation of $2117.62B. That most recent trading price of GOOG’s stock is at a discount of -12.8% from its 52-week high price of $193.31 and is indicating a premium of 29.12% from its 52-week low price of $121.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 17.69 million shares which gives us an average trading volume of 18.69 million if we extend that period to 3-months.

For Alphabet Inc (GOOG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.65. Splitting up the data highlights that, out of 29 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 27 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Alphabet Inc (NASDAQ:GOOG) trade information

Upright in the red during last session for losing -1.72%, in the last five days GOOG remained trading in the red while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $171.37 price level, adding 7.48% to its value on the day. Alphabet Inc’s shares saw a change of 21.60% in year-to-date performance and have moved -4.38% in past 5-day. Alphabet Inc (NASDAQ:GOOG) showed a performance of -7.66% in past 30-days. Number of shares sold short was 45.71 million shares which calculate 2.74 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 145 to the stock, which implies a fall of -18.19% to its recent value today. Analysts have been projecting 115 as a low price target for the stock while placing it at a high target of 365. It follows that stock’s current price would jump 32.89% in reaching the projected high whereas dropping to the targeted low would mean a gain of 32.89% for stock’s current value.

Alphabet Inc (GOOG) 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 13.98% of value to its shares in past 6 months, showing an annual growth rate of 31.90% while that of industry is 23.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

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 31.51% while estimates for its earnings growth in next 5 years are of 21.30%.

GOOG Dividends

Alphabet Inc is more likely to be releasing its next quarterly report in August 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.

Alphabet Inc (NASDAQ:GOOG)’s Major holders

Insiders are in possession of 0.02% of company’s total shares while institution are holding 62.04 percent of that, with stock having share float percentage of 62.05%. Investors also watch the number of corporate investors in a company very closely, which is 62.04% institutions for Alphabet Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GOOG for having 411.92 million shares of worth $62.72 billion. And as of 2024-03-31, it was holding 3.2985 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 355.37 million shares on 2024-03-31. The number of shares represents firm’s hold over 2.8457 of outstanding shares, having a total worth of $54.11 billion.