In the last trading session, 20.84 million Alphabet Inc (NASDAQ:GOOG) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $167.87 changed hands at $0.44 or 0.26% during last session, the market valuation stood at $2028.80B. GOOG’s last price was a discount, traded about -24.32% off its 52-week high of $208.70. The share price had its 52-week low at $142.66, which suggests the last value was 15.02% up since then.
Analysts gave the Alphabet Inc (GOOG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.43. If we narrow down to specifics, the data shows that 0 out of 29 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 1 recommended GOOG as a Hold, 27 felt it is a Buy and 0 rated the stock as Underweight. Alphabet Inc’s EPS for the current quarter is expected to be 2.17.
Alphabet Inc (NASDAQ:GOOG) trade information
Instantly GOOG was in green as seen at the end of in last trading. With action 5.19%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -11.85%, with the 5-day performance at 5.19% in the green. However, in the 30-day time frame, Alphabet Inc (NASDAQ:GOOG) is 9.46% up.
The consensus price target for the stock as assigned by Wall Street analysts is 171, meaning bulls need an upside of 1.83% from its current market value. According to analyst projections, GOOG’s forecast low is 171 with 171 as the target high. To hit the forecast high, the stock’s price needs a -1.86% plunge from its current level, while the stock would need to soar -1.86% for it to hit the projected low.
Alphabet Inc (GOOG) estimates and forecasts
Year-over-year growth is forecast to reach 10.69% up from the last financial year.
Consensus estimates given by 40 financial analysts project the company’s revenue in the current quarter to hit an average of 93.56B. 38 analysts are of the opinion that Alphabet Inc’s revenue for the current quarter will be 97.03B. The company’s revenue for the corresponding quarters a year ago was 84.74B and 88.27B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 10.41%. The estimates for the next quarter sales put growth at 9.93%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 26.76%. The 2025 estimates are for Alphabet Inc earnings to increase by 18.94%, but the outlook for the next 5-year period is at 12.93% per year.
GOOG Dividends
Alphabet Inc is expected to release its next quarterly earnings report in June. The 0.48% annual yield figure for the share gives it an annual dividend of 0.80. It is important to note, however, that the 0.48% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Alphabet Inc (NASDAQ:GOOG)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 2.8788% or 355.33 million shares worth $65.17 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund. With 147.33 shares estimated at $24.73 billion under it, the former controlled 2.68% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.34% of the shares, roughly 128.83 shares worth around $21.63 billion.
