Alphabet Inc. [GOOGL] is following downward trend in the market concluded with the last trading session. The shares of the Technology sector company has a current value of $1358.61 after GOOGL shares went down by -2.29% during the last trading session. One of the reasons why Technology stocks may go bearish is decreased momentum in the press.
Alphabet Inc. [NASDAQ:GOOGL]: Analyst Rating and Earnings
Its stock price has been found in the range of 1027.03 to 1530.74. This is compared to its latest closing price of $1390.47.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on 04/22/2020.
Fundamental Analysis of Alphabet Inc. [GOOGL]
Now let’s turn to look at profitability: with a current Operating Margin for Alphabet Inc. [GOOGL] sitting at +21.98 and its Gross Margin at +55.46, this company’s Net Margin is now 21.20%. These measurements indicate that Alphabet Inc. [GOOGL] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 17.78, and its Return on Invested Capital has reached 14.10%. Its Return on Equity is 18.12, and its Return on Assets is 13.50. These metrics all suggest that Alphabet Inc. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Alphabet Inc. [GOOGL] has generated a Total Debt to Total Equity ratio of 7.93. Similarly, its Total Debt to Total Capital is 7.34, while its Total Debt to Total Assets stands at 5.79. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 132.86, and its Long-Term Debt to Total Capital is 7.33.
What about valuation? This company’s Enterprise Value to EBITDA is 19.82 and its Total Debt to EBITDA Value is 0.10. The Enterprise Value to Sales for this firm is now 5.80, and its Total Debt to Enterprise Value stands at 0.02. Alphabet Inc. [GOOGL] has a Price to Book Ratio of 4.58, a Price to Cash Flow Ratio of 17.16 and P/E Ratio of 27.63. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Alphabet Inc. [GOOGL] earns $1,357,471 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.63 and its Total Asset Turnover is 0.63. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 3.35 and its Current Ratio is 3.37. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Alphabet Inc. [GOOGL] has 703.09M shares outstanding, amounting to a total market cap of $977.63B. Its stock price has been found in the range of 1027.03 to 1530.74. At its current price, it has moved down by -11.24% from its 52-week high, and it has moved up 32.29% from its 52-week low.
This stock’s Beta value is currently 1.04, which indicates that it is 2.52% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 31.48. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Alphabet Inc. [GOOGL] a Reliable Buy?
Shares of Alphabet Inc. [GOOGL], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.