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Alphabet Class C (GOOG)
NASDAQ:GOOG
Alphabet Class C (GOOG) Stock Price & Analysis
56,231 Followers
GOOG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$121.46 - $193.31
Previous Close$169.16
Volume25.15M
Average Volume (3M)17.95M
Market Cap
$2.08T
Enterprise Value$2.01T
Total Cash (Recent Filing)$100.72B
Total Debt (Recent Filing)$24.95B
Price to Earnings (P/E)24.3
Beta1.27
Next Earnings
Oct 22, 2024EPS Estimate
$1.82Next Dividend Ex-Date
Sep 09, 2024Dividend Yield0.11%
Share Statistics
EPS (TTM)6.97
Shares Outstanding12,358,000,000
10 Day Avg. Volume19,961,103
30 Day Avg. Volume17,951,969
Standard Deviation0.08
R-Squared0.47
Alpha0.00982
Financial Highlights & Ratios
Price to Book (P/B)8.45
Price to Sales (P/S)11.73
Price to Cash Flow (P/CF)19.30
P/FCF Ratio32.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.11
Enterprise Value/Gross Profit11.52
Enterprise Value/Ebitda23.20
Forecast
1Y Price Target
$208.44Price Target Upside23.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Alphabet Class C News
Bulls Say, Bears Say
Bulls Say
Artificial IntelligenceAI Overviews are driving increased search usage, especially among 18-24 year olds, resulting in higher quality traffic to webpages and spurring longer and more complex questions.
Cloud ServicesGoogle Cloud revenue accelerated for the third consecutive quarter, driven by Google Cloud Platform and AI, leading to billions in revenue year-to-date.
Revenue And GrowthGoogle's total revenue of $80.5 billion showed a 15.4% year-over-year increase, driven by acceleration in Search, YouTube, and Cloud services.
Bears Say
EarningsYouTube revenue grew by 13.0% year-over-year, below estimates amid toughening comparisons.
Financial PerformanceYouTube grew slower than expected on tough year-over-year comparisons from APAC-based retailers.
Market CompetitionThe growing likelihood of an Apple-OpenAI partnership around GenAI is a concern for investors.
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Ownership Overview
7.33% Insiders
18.91% Mutual Funds
17.87% Other Institutional Investors
55.88% 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 $121.46 and its highest was $193.31 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 Oct 22, 2024 which is in 87 days.
How were Alphabet Class C’s earnings last quarter?
Alphabet Class C released its earnings results on Jul 23, 2024. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.847 by $0.043.
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 0.11%. See more information on Alphabet Class C dividends here
What is Alphabet Class C’s EPS estimate?
Alphabet Class C’s EPS estimate is $1.82.
How many shares outstanding does Alphabet Class C have?
Alphabet Class C has 5,617,000,000 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 $1.847. Following the earnings report the stock price went down -5.027%.
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 5B.
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Alphabet Class C Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$208.44 (23.57% Upside)
$208.44 (23.57% Upside)
Blogger Sentiment
Bullish
GOOG Sentiment 93%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 3.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.92%
12-Months-Change
Fundamentals
Return on Equity
30.87%
Trailing 12-Months
Asset Growth
8.28%
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
Q2 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 Month Forecast
Average Price Target
$208.44
▲(23.57% Upside)
Technical Analysis
Best Analysts Covering GOOG
1 Year
1 Year Success Rate
17/20 ratings generated profit
1 Year Average Return
+32.77%
assigned a buy rating 3 days ago
Copying Jason Helfstein's trades and holding each position for 1 Year would result in 85.00% of your transactions generating a profit, with an average return of +32.77% per trade.
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