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Alphabet Class C (IT:1GOOG)
MILAN:1GOOG
Alphabet Class C (1GOOG) Stock Price & Analysis
4 Followers
1GOOG Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€107.97 - €177.86
Previous Close€165.62
Volume218.00
Average Volume (3M)772.00
Market Cap
€2.03T
Enterprise Value€1.95T
Total Cash (Recent Filing)$108.09B
Total Debt (Recent Filing)$25.18B
Price to Earnings (P/E)―
Beta0.16
Next Earnings
Jul 23, 2024EPS Estimate
€1.69Last Dividend Ex-Date
Jun 10, 2024Dividend Yield0.11%
Share Statistics
EPS (TTM)N/A
Shares Outstanding12,358,000,000
10 Day Avg. Volume12
30 Day Avg. Volume772
Standard Deviation0.06
R-Squared0.02
Alpha0.00795
Financial Highlights & Ratios
Price to Book (P/B)8.45
Price to Sales (P/S)68.79
Price to Cash Flow (P/CF)19.30
P/FCF Ratio32.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.14
Enterprise Value/Gross Profit11.22
Enterprise Value/Ebitda18.02
Forecast
1Y Price Target
€186.21Price Target Upside12.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Alphabet Class C News
Bulls Say, Bears Say
Bulls Say
AI AdvancementsGoogle has strengthened its position in GenAI as evident by advancements and rollouts, such as AI Overviews in Search and Project Astra.
Operational EfficiencyMachine costs associated with SGE responses have decreased by 80%, showcasing Google's ability to manage operational costs effectively.
Strategic UpdatesImportant strategic updates including 'growing contribution' from AI in GCP, commitment to durable cost improvements, and rising search usage.
Bears Say
Capital ExpendituresCapex came in higher than the Street at $12B with the remaining quarters to be at or above those levels indicating $48B+ of capex.
CompetitionThe growing likelihood of an Apple-OpenAI partnership around GenAI is a concern for investors as it could create more competition.
Investor SentimentRecent positive investor sentiment has faded due to early inaccuracies in AI Overviews and news about a potential Apple-OpenAI partnership.
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Options Prices
Currently, No data available
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Ownership Overview
7.33% Insiders
18.83% Mutual Funds
16.99% Other Institutional Investors
56.84% Public Companies and
Individual Investors
1GOOG FAQ
What was Alphabet Class C’s price range in the past 12 months?
Alphabet Class C lowest stock price was €107.97 and its highest was €177.86 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 tomorrow.
How were Alphabet Class C’s earnings last quarter?
Alphabet Class C released its earnings results on Apr 25, 2024. The company reported €1.735 earnings per share for the quarter, beating the consensus estimate of €1.387 by €0.348.
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 €0.18 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 €1.69.
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 €1.735 in its last earnings report, beating expectations of €1.387. Following the earnings report the stock price went up 10.588%.
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:
€186.21 (12.43% Upside)
€186.21 (12.43% Upside)
Blogger Sentiment
Bullish
IT:1GOOG Sentiment 93%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $25.5M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.27%
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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1GOOG Earnings Call
Q1 2024
0:00 / 0:00
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1GOOG 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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1GOOG Stock 12 Month Forecast
Average Price Target
€186.21
▲(12.43% Upside)
Technical Analysis
Best Analysts Covering 1GOOG
1 Year
1 Year Success Rate
17/20 ratings generated profit
1 Year Average Return
+32.77%
reiterated a buy rating 2 months 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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