Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Alphabet Inc (NASDAQ: GOOG) closed the day trading at $166.38 down -0.92% from the previous closing price of $167.93. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 13.68 million shares were traded. GOOG stock price reached its highest trading level at $168.245 during the session, while it also had its lowest trading level at $166.16.
Ratios:
For a better understanding of GOOG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.69. For the most recent quarter (mrq), Quick Ratio is recorded 2.08 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 10, 2024, Reiterated its Buy rating but revised its target price to $220 from $200 previously.
On June 28, 2024, Rosenblatt Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $181.
Oppenheimer reiterated its Outperform rating for the stock on April 08, 2024, while the target price for the stock was revised from $172 to $185.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 ’24 when Pichai Sundar sold 22,500 shares for $167.66 per share. The transaction valued at 3,772,441 led to the insider holds 2,159,885 shares of the business.
PICHAI FAMILY FOUNDATION bought 4,000 shares of GOOG for $675,840 on Aug 21 ’24. On Aug 21 ’24, another insider, SUNDAR PICHAI, who serves as the Director of the company, bought 22,500 shares for $168.96 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOOG now has a Market Capitalization of 2036707622912 and an Enterprise Value of 1976131780608. As of this moment, Alphabet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.87, and their Forward P/E ratio for the next fiscal year is 19.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.25 while its Price-to-Book (P/B) ratio in mrq is 6.82. Its current Enterprise Value per Revenue stands at 6.02 whereas that against EBITDA is 17.113.
Stock Price History:
Over the past 52 weeks, GOOG has reached a high of $193.31, while it has fallen to a 52-week low of $121.46. The 50-Day Moving Average of the stock is -5.46%, while the 200-Day Moving Average is calculated to be 5.88%.
Shares Statistics:
Over the past 3-months, GOOG traded about 17.60M shares per day on average, while over the past 10 days, GOOG traded about 15785160 shares per day. A total of 5.69B shares are outstanding, with a floating share count of 5.19B. Insiders hold about 57.85% of the company’s shares, while institutions hold 27.58% stake in the company. Shares short for GOOG as of 1722384000 were 45714908 with a Short Ratio of 2.39, compared to 1719532800 on 42854852.
Dividends & Splits
GOOG’s forward annual dividend rate is 0.20, up from 0.2 a year ago. Against a Trailing Annual Dividend Yield of 0.0011909725
