In the last trading session, 46.45 million Alphabet Inc (NASDAQ:GOOGL) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $163.98 changed hands at -$2.56 or -1.54% during last session, the market valuation stood at $1997.05B. GOOGL’s last price was a discount, traded about -26.27% off its 52-week high of $207.05. The share price had its 52-week low at $140.53, which suggests the last value was 14.3% up since then.
Analysts gave the Alphabet Inc (GOOGL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.42. If we narrow down to specifics, the data shows that 0 out of 39 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 4 recommended GOOGL as a Hold, 34 felt it is a Buy and 0 rated the stock as Underweight.
Alphabet Inc (NASDAQ:GOOGL) trade information
Instantly GOOGL was in red as seen at the end of in last trading. With action 2.79%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -13.38%, with the 5-day performance at 2.79% in the green. However, in the 30-day time frame, Alphabet Inc (NASDAQ:GOOGL) is 11.04% up.
The consensus price target for the stock as assigned by Wall Street analysts is 192.5, meaning bulls need an upside of 14.82% from its current market value. According to analyst projections, GOOGL’s forecast low is 160 with 202 as the target high. To hit the forecast high, the stock’s price needs a -23.19% plunge from its current level, while the stock would need to tank 2.43% for it to hit the projected low.
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 18.95%, but the outlook for the next 5-year period is at 12.91% per year.
GOOGL Dividends
Alphabet Inc is expected to release its next quarterly earnings report in June. The 0.49% annual yield figure for the share gives it an annual dividend of 0.80. It is important to note, however, that the 0.49% 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.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 3.4115% or 421.08 million shares worth $76.7 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 183.09 shares estimated at $30.02 billion under it, the former controlled 3.15% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.72% of the shares, roughly 158.16 shares worth around $25.94 billion.
