Alphabet Inc (NASDAQ: GOOG) is -9.69% lower on its value in year-to-date trading and has touched a low of $142.66 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 $170.06 in the last trading session, with the day’s gains setting it 1.92%.
Currently trading at $171.98, the stock is 5.27% and 6.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 44.81 million and changing 1.13% at the moment leaves the stock -0.34% off its SMA200. GOOG registered -3.63% loss for a year compared to 6-month loss of -2.73%. The firm has a 50-day simple moving average (SMA 50) of $161.0892 and a 200-day simple moving average (SMA200) of $172.5746.
The stock witnessed a 9.04% gain in the last 1 month and extending the period to 3 months gives it a -5.29%, and is 3.98% 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 1.81% over the week and 2.41% over the month.
Alphabet Inc (GOOG) has around 183323 employees, a market worth around $2076.85B and $359.31B in sales. Current P/E ratio is 19.18 and Fwd P/E is 16.96. Profit margin for the company is 30.89%. Distance from 52-week low is 20.55% and -17.59% from its 52-week high. The company has generated returns on investments over the last 12 months (30.02%).
The EPS is expected to grow by 18.94% this year
5375.0 institutions hold shares in Alphabet Inc (GOOG), with institutional investors hold 65.85% of the company’s shares. The shares outstanding are 5.47B, and float is at 5.07B with Short Float at 0.79%. Institutions hold 61.45% of the Float.
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
Still, SEC filings show that on May 22 ’25, Hennessy John L. (Director) Proposed Sale 600 shares at an average price of $175.00 for $0.1 million. The insider now directly holds shares of Alphabet Inc (GOOG).
