During the recent session, Alphabet Inc (NASDAQ:GOOGL)’s traded shares were 3.13 million, with the beta value of the company hitting 1.04. At the last check today, the stock’s price was $162.85, reflecting an intraday gain of 0.66% or $1.07. The 52-week high for the GOOGL share is $191.75, that puts it down -17.75 from that peak though still a striking 26.18% gain since the share price plummeted to a 52-week low of $120.21. The company’s market capitalization is $2004.68B, and the average intraday trading volume over the past 10 days was 18.64 million shares, and the average trade volume was 24.63 million shares over the past three months.

Alphabet Inc (GOOGL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.52. GOOGL has a Sell rating from 0 analyst(s) out of 39 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 34 recommend a Buy rating for it.

Alphabet Inc (NASDAQ:GOOGL) trade information

Alphabet Inc (GOOGL) registered a 0.66% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.66% in intraday trading to $162.85, hitting a weekly high. The stock’s 5-day price performance is -1.67%, and it has moved by -4.63% in 30 days. Based on these gigs, the overall price performance for the year is 19.85%. The short interest in Alphabet Inc (NASDAQ:GOOGL) is 69.35 million shares and it means that shorts have 2.37 day(s) to cover.

The consensus price target of analysts on Wall Street is $171.5, which implies an increase of 5.04% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $59 and $240 respectively. As a result, GOOGL is trading at a discount of -47.37% off the target high and 63.77% off the low.

Alphabet Inc (GOOGL) estimates and forecasts

Statistics show that Alphabet Inc has outperformed its competitors in share price, compared to the industry in which it operates. Alphabet Inc (GOOGL) shares have gone up 18.75% during the last six months, with a year-to-date growth rate more than the industry average at 31.55% against 16.50.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 21.56%. While earnings are projected to return 31.72% in 2024, the next five years will return 20.50% per annum.

GOOGL Dividends

Alphabet Inc is due to release its next quarterly earnings on 2024-Oct-22. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Alphabet Inc is 0.20, with the dividend yield indicating at 0.12 percent, continuing the trend of increasing dividends in recent years.

Alphabet Inc (NASDAQ:GOOGL)’s Major holders

Alphabet Inc insiders own 0.25% of total outstanding shares while institutional holders control 80.92%, with the float percentage being 81.12%. VANGUARD GROUP INC is the largest shareholder of the company, while 5888.0 institutions own stock in it. As of 2024-06-30, the company held over 504.37 million shares (or 4.0626% of all shares), a total value of $91.87 billion in shares.

The next largest institutional holding, with 421.08 million shares, is of BLACKROCK INC.’s that is approximately 3.3917% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $76.7 billion.

Also, the Mutual Funds coming in first place with the largest holdings of Alphabet Inc (GOOGL) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 185.36 shares. This amounts to just over 3.16 percent of the company’s overall shares, with a $30.14 billion market value. The same data shows that the other fund manager holds slightly less at 150.76, or about 2.57% of the stock, which is worth about $24.51 billion.