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Alphabet Class C (GOOG)
NASDAQ:GOOG
Alphabet Class C (GOOG) Stock Price & Analysis
44,074 Followers
GOOG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$104.50 - $176.42
Previous Close$173.69
Volume35.91M
Average Volume (3M)23.76M
Market Cap
$2.15T
Enterprise Value$2.07T
Total Cash (Recent Filing)$108.09B
Total Debt (Recent Filing)$25.18B
Price to Earnings (P/E)26.6
Beta1.17
Next Earnings
Jul 23, 2024EPS Estimate
$1.81Next Dividend Ex-Date
Jun 10, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)6.52
Shares Outstanding12,433,000,000
10 Day Avg. Volume23,251,621
30 Day Avg. Volume23,757,261
Standard Deviation0.08
R-Squared0.51
Alpha0.00666
Financial Highlights & Ratios
Price to Book (P/B)8.50
Price to Sales (P/S)12.23
Price to Cash Flow (P/CF)28.50
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.50
Enterprise Value/Gross Profit11.88
Enterprise Value/Ebitda19.09
Forecast
1Y Price Target
$179.14Price Target Upside6.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Alphabet Class C News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCloud posts healthy accel to 26% supports fading optimization headwinds and rising GenAI contribution.
Market PositionGoogle's differentiation as an open platform for AI with custom chips and a wide selection of models supports a unique competitive advantage.
Product InnovationGoogle Cloud's integration of Gemini across various areas of Cloud & Workspace and the creation of AI agents demonstrates a commitment to innovation and operational efficiency improvement.
Bears Say
Capital ExpenditureCapital expenditures have surged, significantly exceeding analyst expectations, suggesting a heavy investment phase that could impact future profitability.
Operating IncomeOperating income has not met analyst projections, partly due to substantial one-time charges associated with exiting office spaces.
Revenue PerformanceAdvertising revenue has fallen short of consensus forecasts, indicating potential challenges in the company's core revenue-generating activities.
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Ownership Overview
7.32% Insiders
18.57% Mutual Funds
17.29% Other Institutional Investors
56.82% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GOOG FAQ
What was Alphabet Class C’s price range in the past 12 months?
Alphabet Class C lowest stock price was $104.50 and its highest was $176.42 in the past 12 months.
What is Alphabet Class C’s market cap?
Currently, no data Available
When is Alphabet Class C’s upcoming earnings report date?
Alphabet Class C’s upcoming earnings report date is Jul 23, 2024 which is in 82 days.
How were Alphabet Class C’s earnings last quarter?
Alphabet Class C released its earnings results on Apr 25, 2024. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.511 by $0.379.
Is Alphabet Class C overvalued?
According to Wall Street analysts Alphabet Class C’s price is currently Undervalued.
Does Alphabet Class C pay dividends?
Alphabet Class C pays a Notavailable dividend of $0.2 which represents an annual dividend yield of N/A. See more information on Alphabet Class C dividends here
What is Alphabet Class C’s EPS estimate?
Alphabet Class C’s EPS estimate is $1.81.
How many shares outstanding does Alphabet Class C have?
Alphabet Class C has 5,671,000,000 shares outstanding.
What happened to Alphabet Class C’s price movement after its last earnings report?
Alphabet Class C reported an EPS of $1.89 in its last earnings report, beating expectations of $1.511. Following the earnings report the stock price went up 9.965%.
Which hedge fund is a major shareholder of Alphabet Class C?
Among the largest hedge funds holding Alphabet Class C’s share is Dodge & Cox. It holds Alphabet Class C’s shares valued at 4B.
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Alphabet Class C Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$179.14 (6.69% Upside)
$179.14 (6.69% Upside)
Blogger Sentiment
Bullish
GOOG Sentiment 92%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 23.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.14%
12-Months-Change
Fundamentals
Return on Equity
29.76%
Trailing 12-Months
Asset Growth
10.25%
Trailing 12-Months
Company Description
Alphabet Class C
Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google accounts for 99% of Alphabet's revenue, of which, substantial revenue is generated from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud services fees and other licensing revenue. Google also sells hardware products like Chromebooks, the Pixel smartphone, and smart homes products, which include Nest and Google Home. Alphabet's Other Bets business is comprised of moonshot investments in Access, Calico, CapitalG, GV, Verily, Waymo, X and others.
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GOOG Earnings Call
Q1 2024
0:00 / 0:00
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GOOG Revenue Breakdown
56.94% Google Search & other
11.28% Google subscriptions, platforms, and devices
10.76% Google Cloud
10.25% YouTube ads
10.76% Other
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GOOG Stock 12 Months Forecast
Average Price Target
$179.14
▲(6.69% Upside)
Technical Analysis
Best Analysts Covering GOOG
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+33.02%
reiterated a buy rating 24 days ago
Copying Jason Helfstein's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +33.02% per trade.
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