Home  »  News   »  What should you know before buying stock in Alphab...

What should you know before buying stock in Alphabet Inc. (GOOGL)

Alphabet Inc. (NASDAQ: GOOGL) is 6.97% higher on its value in year-to-date trading and has touched a low of $1008.87 and a high of $1530.74 in the current 52-week trading range. The GOOGL stock was last observed hovering at around $1432.70 in the last trading session, with the day’s gains setting it 8.4% off its average median price target of $1550.00 for the next 12 months. It is also 19.94% off the consensus price target high of $1800.00 offered by 44 analysts, but current levels are -16.5% lower than the price target low of $1237.00 for the same period.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Currently trading at $1441.10, the stock is 0.33% and 4.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 0.59% at the moment leaves the stock 9.02% off its SMA200. GOOGL registered 31.73% gain for a year compared to 6-month gain of 6.08%. The firm has a 50-day simple moving average (SMA 50) of $1,414.70 and a 200-day simple moving average (SMA200) of $1,350.03.

The stock witnessed a 0.80% loss in the last 1 month and extending the period to 3 months gives it a 30.05%, and is -1.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.24% over the week and 2.20% over the month.

Alphabet Inc. (GOOGL) has around 123048 employees, a market worth around $985.12B and $166.68B in sales. Current P/E ratio is 29.28 and Fwd P/E is 26.11. Profit margin for the company is 20.70%. Distance from 52-week low is 42.84% and -5.86% from its 52-week high. The company has generated returns on investments over the last 12 months (14.10%).

Alphabet Inc. (GOOGL) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Alphabet Inc. (GOOGL) is a “Buy”. 44 analysts offering their recommendations for the stock have an average rating of 1.80, where 4 rate it as a Hold and 4 think it is a “Overweight”. 36 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Alphabet Inc. is expected to release its quarterly report on 07/23/2020 and quarterly earnings per share for the current quarter are estimated at $8.13 with sales reaching $37.21B over the same period.The EPS is expected to grow by 12.50% this year, but quarterly earnings will post 4.30% year-over-year. Quarterly sales are estimated to shrink -4.50% in year-over-year returns.

Alphabet Inc. (GOOGL) Top Institutional Holders

3,746 institutions hold shares in Alphabet Inc. (GOOGL), with 976.15k shares held by insiders accounting for 0.14% while institutional investors hold 82.41% of the company’s shares. The shares outstanding are 686.47M, and float is at 616.15M with Short Float at 0.56%. Institutions hold 82.29% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 23.55 million shares valued at $27.37 billion. The investor’s holdings represent 7.85% of the GOOGL Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 20.1 million shares valued at $23.36 billion to account for 6.70% of the shares outstanding. The other top investors are FMR, LLC which holds 12.85 million shares representing 4.28% and valued at over $14.93 billion, while State Street Corporation holds 3.90% of the shares totaling 11.69 million with a market value of $13.58 billion.

Alphabet Inc. (GOOGL) Insider Activity

A total of 150 insider transactions have happened at Alphabet Inc. (GOOGL) in the last six months, with sales accounting for 131 and purchases happening 19 times.

Alphabet Inc. (GOOGL): Who are the competitors?

The company’s main competitors (and peers) include Adobe Inc. (ADBE) that is trading 49.90% up over the past 12 months. Apple Inc. (AAPL) is 84.11% up on the 1-year trading charts. Short interest in the company’s stock has fallen -27.65% from the last report on May 14, 2020 to stand at a total of 3.97 million short shares sold with a short interest ratio of 1.8.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

7 GROWTH STOCKS FOR 2021

Download Free eBook For

100% free. stop anytime no spam