In the last trading session, 24.27 million shares of the Alphabet Inc (NASDAQ:GOOG) were traded, and its beta was 1.02. Most recently the company’s share price was $173.98, and it changed around $4.39 or 2.59% from the last close, which brings the market valuation of the company to $2103.58B. GOOG currently trades at a discount to its 52-week high of $208.70, offering almost -19.96% off that amount. The share price’s 52-week low was $142.66, which indicates that the current value has risen by an impressive 18.0% since then. We note from Alphabet Inc’s average daily trading volume that its 10-day average is 31.05 million shares, with the 3-month average coming to 25.90 million.
Alphabet Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.42. If we narrow it down even further, the data shows that 0 out of 68 analysts rate the stock as a Sell; another 15 rate it as Overweight. Among the rest, 12 recommended GOOG as a Hold, whereas 41 deemed it a Buy, and 0 rated it as Underweight. Alphabet Inc is expected to report earnings per share of 2.17 for the current quarter.
Alphabet Inc (NASDAQ:GOOG) trade information
Instantly GOOG has showed a green trend with a performance of 2.59% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 178.13 on recent trading dayincreased the stock’s daily price by 2.33%. The company’s shares are currently down -8.64% year-to-date, but still up 3.64% over the last five days. On the other hand, Alphabet Inc (NASDAQ:GOOG) is 6.18% up in the 30-day period. We can see from the shorts that 40.05 million shares have been sold at a short interest cover period of 1.55 day(s).
The consensus price target as assigned by Wall Street analysts is $171, which translates to bulls needing to decrease their stock price by -1.74% from its current value. Analyst projections state that GOOG is forecast to be at a low of $171 and a high of $171.
Alphabet Inc (GOOG) estimates and forecasts
The year-over-year growth rate is expected to be 10.74%, up from the previous year.
Consensus estimates provided by 41 financial analysts predict the company will bring in an average of 93.6B in revenue for the current quarter. 39 analysts expect Alphabet Inc to make 97.08B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 84.74B and 88.27B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 10.45%. Forecasts for the next quarter put sales growth at 9.98%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 26.76%. Alphabet Inc earnings are expected to increase by 18.97% in 2025, but the outlook is positive 12.93% per year for the next five years.
GOOG Dividends
Alphabet Inc’s next quarterly earnings report is expected to be released on 2025-Apr-23. The annual dividend yield of the stock is 0.46 percent and its annual dividend per share was 0.80. It is important to note, however, that the 0.46% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Alphabet Inc (NASDAQ:GOOG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.65% of Alphabet Inc shares, and 61.39% of them are in the hands of institutional investors. The stock currently has a share float of 65.76%. Alphabet Inc stock is held by 5372.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 3.3574% of the shares, which is about 414.41 million shares worth $76.01 billion.
BLACKROCK INC., with 2.8788% or 355.33 million shares worth $65.17 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 147.33 shares worth $25.63 billion, making up 2.68% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 128.83 shares worth around $22.41 billion, which represents about 2.34% of the total shares outstanding.
