Alphabet Inc (NASDAQ: GOOG) is -2.44% lower on its value in year-to-date trading and has touched a low of $131.55 and a high of $208.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GOOG stock was last observed hovering at around $186.87 in the last trading session, with the day’s loss setting it -1.07%.
Currently trading at $185.80, the stock is -4.78% and -3.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.74 million and changing -0.57% at the moment leaves the stock 4.99% off its SMA200. GOOG registered 26.27% gain for a year compared to 6-month gain of 13.87%.
The stock witnessed a -4.43% loss in the last 1 month and extending the period to 3 months gives it a 2.94%, and is -1.28% 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 1.65% over the week and 2.01% over the month.
Alphabet Inc (GOOG) has around 183323 employees, a market worth around $2251.32B and $349.81B in sales. Current P/E ratio is 23.09 and Fwd P/E is 18.19. Profit margin for the company is 28.62%. Distance from 52-week low is 41.24% and -10.97% from its 52-week high. The company has generated returns on investments over the last 12 months (28.68%).
with sales reaching $89.33B over the same period.The EPS is expected to grow by 10.80% this year, but quarterly earnings will post 11.43% year-over-year. Quarterly sales are estimated to grow 10.91% in year-over-year returns.
Alphabet Inc (GOOG) Top Institutional Holders
The shares outstanding are 5.51B, and float is at 5.10B with Short Float at 0.86%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 414.41 million shares valued at $76.01 billion. The investor’s holdings represent 3.3574% of the GOOG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 355.33 million shares valued at $65.17 billion to account for 2.8788 of the shares outstanding. The other top investors are STATE STREET CORP which holds 187.07 million shares representing 1.5156% and valued at over $34.31 billion, while FMR LLC holds 0.8843 of the shares totaling 109.15 million with a market value of $20.02 billion.
Alphabet Inc (GOOG) Insider Activity
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Still, SEC filings show that on Feb 18 ’25, Vijay Shriram (Director) Proposed Sale 24,000 shares at an average price of $185.23 for $4.45 million. The insider now directly holds shares of Alphabet Inc (GOOG).
