rts logo

Will Alphabet Inc (GOOG) benefit from Wall Street bulls Calls?

Alphabet Inc (NASDAQ: GOOG) is 20.83% higher on its value in year-to-date trading and has touched a low of $108.48 and a high of $176.42 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GOOG stock was last observed hovering at around $171.58 in the last trading session, with the day’s loss setting it -1.29%.

Currently trading at $170.29, the stock is 4.05% and 10.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.72 million and changing -0.75% at the moment leaves the stock 20.43% off its SMA200. GOOG registered 51.67% gain for a year compared to 6-month gain of 27.79%.

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

The stock witnessed a 5.91% loss in the last 1 month and extending the period to 3 months gives it a 13.36%, and is 0.77% up 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 1.51% over the week and 2.12% over the month.

Alphabet Inc (GOOG) has around 182502 employees, a market worth around $2106.32B and $317.92B in sales. Current P/E ratio is 26.12 and Fwd P/E is 19.91. Profit margin for the company is 25.92%. Distance from 52-week low is 56.98% and -3.47% from its 52-week high. The company has generated returns on investments over the last 12 months (25.91%).

The EPS is expected to grow by 29.45% this year.

Alphabet Inc (GOOG) Top Institutional Holders

The shares outstanding are 5.69B, and float is at 5.23B with Short Float at 0.73%.

Alphabet Inc (GOOG) Insider Activity

The most recent transaction is an insider sale by Pichai Sundar,the company’sChief Executive Officer. SEC filings show that Pichai Sundar sold 22,500 shares of the company’s common stock on May 01 ’24 at a price of $166.80 per share for a total of $3.75 million. Following the sale, the insider now owns 2.28 million shares.

Alphabet Inc disclosed in a document filed with the SEC on Apr 30 ’24 that ARNOLD FRANCES (Director) sold a total of 80 shares of the company’s common stock. The trade occurred on Apr 30 ’24 and was made at $167.38 per share for $13390.0. Following the transaction, the insider now directly holds 15551.0 shares of the GOOG stock.

Still, SEC filings show that on Apr 26 ’24, HENNESSY JOHN L (Director) disposed off 2,100 shares at an average price of $175.76 for $0.37 million. The insider now directly holds 5,891 shares of Alphabet Inc (GOOG).

Related Posts