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Alphabet Class C (GOOG)
NASDAQ:GOOG
Holding GOOG?
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GOOG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$121.46 - $193.31
Previous Close$160.28
Volume16.76M
Average Volume (3M)18.09M
Market Cap
$1.97T
Enterprise Value$1.89T
Total Cash (Recent Filing)$100.72B
Total Debt (Recent Filing)$24.95B
Price to Earnings (P/E)22.8
Beta1.24
Next Earnings
Oct 22, 2024EPS Estimate
$1.83Last Dividend Ex-Date
Sep 09, 2024Dividend Yield0.13%
Share Statistics
EPS (TTM)6.97
Shares Outstanding12,310,000,000
10 Day Avg. Volume18,792,252
30 Day Avg. Volume18,092,833
Standard Deviation0.08
R-Squared0.49
Alpha0.00724
Financial Highlights & Ratios
Price to Book (P/B)6.56
Price to Sales (P/S)5.96
Price to Cash Flow (P/CF)18.30
P/FCF Ratio36.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.77
Enterprise Value/Gross Profit10.88
Enterprise Value/Ebitda21.91
Forecast
1Y Price Target
$208.44Price Target Upside29.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Alphabet Class C News
Bulls Say, Bears Say
Bulls Say
Cloud ServicesGoogle Cloud revenue delivered resilient growth of 29% YoY to US$10.3bn in 2Q24, driven by solid growth in Google Cloud Platform (GCP) and increasing contribution from AI.
Innovations In AIGOOGL continues to innovate across every layer of the GenAI tech stack from chips up to agents.
Revenue GrowthTotal revenue increased by 14% YoY to US$84.7bn, in line with Bloomberg consensus estimate; net income grew by 29% YoY to US$23.6bn, 3% ahead of the consensus estimate.
Bears Say
Financial PerformancePushback coming out of earnings will likely come from YouTube’s light revenue and GOOGL calling out specific headwinds on operating margin.
PerformanceYouTube grew slower than expected on tough year-over-year comparisons from APAC-based retailers.
RevenueYouTube revenue grew by 13.0% year-over-year, below estimates amid toughening comparisons.
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Ownership Overview
7.41% Insiders
19.16% Mutual Funds
31.23% Other Institutional Investors
42.20% 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 33 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 0.13%. See more information on Alphabet Class C dividends here
What is Alphabet Class C’s EPS estimate?
Alphabet Class C’s EPS estimate is $1.83.
How many shares outstanding does Alphabet Class C have?
Alphabet Class C has 5,585,000,000 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 -5.028%.
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
1
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Analyst Consensus
Strong Buy
Average Price Target:
$208.44 (29.62% Upside)
$208.44 (29.62% Upside)
Blogger Sentiment
Bullish
GOOG Sentiment 93%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 15.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.17%
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
▲(29.62% Upside)
Technical Analysis
Best Analysts Covering GOOG
1 Year
1 Year Success Rate
16/21 ratings generated profit
1 Year Average Return
+28.06%
assigned a buy rating 2 months ago
Copying Jason Helfstein's trades and holding each position for 1 Year would result in 76.19% of your transactions generating a profit, with an average return of +28.06% per trade.
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