Alphabet Inc (NASDAQ:GOOGL) has a beta value of 56.15% and has seen 39.55 shares traded in the last trading session. The company, currently valued at $2028.13B, closed the last trade at $173.32 per share which meant it lost -$26.48 on the day or 166.64% during that session. The GOOGL stock price is -19.46% off its 52-week high price of $207.05 and 18.92% above the 52-week low of $140.53. If we look at the company’s 10-day average daily trading volume, we find that it stood at 36.3 million shares traded. The 3-month trading volume is 1.89 shares.
The consensus among analysts is that Alphabet Inc (GOOGL) is Buy stock at the moment, with a recommendation rating of 44.55. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 4 out of 39 have rated it as a Hold, with 34 advising it as a Buy. 0 have rated the stock as Underweight.
Alphabet Inc (NASDAQ:GOOGL) trade information
Sporting 166.64% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GOOGL stock price touched $173.32 or saw a rise of 2.28%. Year-to-date, Alphabet Inc shares have moved -5.98%, while the 5-day performance has seen it change -5.16%. Over the past 30 days, the shares of Alphabet Inc (NASDAQ:GOOGL) have changed 1.62%. Short interest in the company has seen 66.27 million shares shorted with days to cover at 1.49.
Wall Street analysts have a consensus price target for the stock at $190, which means that the shares’ value could jump 8.78% from current levels. The projected low price target is $160.0 while the price target rests at a high of $202.0. In that case, then, we find that the current price level is -16.55% off the targeted high while a plunge would see the stock lose 7.69% from current levels.
Alphabet Inc (GOOGL) estimates and forecasts
The company’s shares have lost -15.26% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 12.76% 26.76% over the past 5 years. Earnings growth for 2025 is a modest 19.20% while over the next 5 years, the company’s earnings are expected to increase by 12.91%.
GOOGL Dividends
Alphabet Inc is expected to release its next earnings report on 2025-Apr-24 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.52 at a share yield of 0.31%. The company’s dividend yield has gone up over the past 12 months.
Alphabet Inc (NASDAQ:GOOGL)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 504.37 million shares worth more than $91.87 billion. As of 2024-06-30, VANGUARD GROUP INC held 4.0863% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 421.08 million shares as of 2024-06-30. The firm’s total holdings are worth over $76.7 billion and represent 3.4115% of shares outstanding.
