In the last trading session, 24.92 million shares of the Alphabet Inc (NASDAQ:GOOGL) were traded, and its beta was 1.01. Most recently the company’s share price was $175.95, and it changed around -$0.82 or -0.46% from the last close, which brings the market valuation of the company to $2141.51B. GOOGL currently trades at a discount to its 52-week high of $207.05, offering almost -17.68% off that amount. The share price’s 52-week low was $140.53, which indicates that the current value has risen by an impressive 20.13% since then. We note from Alphabet Inc’s average daily trading volume that its 10-day average is 32.23 million shares, with the 3-month average coming to 39.85 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 16 rate it as Overweight. Among the rest, 12 recommended GOOGL as a Hold, whereas 40 deemed it a Buy, and 0 rated it as Underweight.
Alphabet Inc (NASDAQ:GOOGL) trade information
Instantly GOOGL has showed a red trend with a performance of -0.46% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 180.37 on recent trading dayincreased the stock’s daily price by 2.45%. The company’s shares are currently down -7.05% year-to-date, but still down -1.48% over the last five days. On the other hand, Alphabet Inc (NASDAQ:GOOGL) is 5.87% up in the 30-day period. We can see from the shorts that 66.27 million shares have been sold at a short interest cover period of 1.49 day(s).
The consensus price target as assigned by Wall Street analysts is $190, which translates to bulls needing to increase their stock price by 7.39% from its current value. Analyst projections state that GOOGL is forecast to be at a low of $160 and a high of $202.
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 19.20% in 2025, but the outlook is positive 12.91% per year for the next five years.
GOOGL 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 0.81. 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:GOOGL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.25% of Alphabet Inc shares, and 81.07% of them are in the hands of institutional investors. The stock currently has a share float of 81.28%. Alphabet Inc stock is held by 6347.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 4.0863% of the shares, which is about 504.37 million shares worth $91.87 billion.
BLACKROCK INC., with 3.4115% or 421.08 million shares worth $76.7 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
