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In the latest session, Alphabet Inc (NASDAQ: GOOG) closed at $163.18 up 0.07% from its previous closing price of $163.06. In other words, the price has increased by $0.07 from its previous closing price. On the day, 12.88 million shares were traded. GOOG stock price reached its highest trading level at $164.3107 during the session, while it also had its lowest trading level at $161.65.
Ratios:
For a deeper understanding of Alphabet Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.05. 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, Pivotal Research Group on October 01, 2024, initiated with a Buy rating and assigned the stock a target price of $215.
On July 10, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $200 to $220.
Rosenblatt Downgraded its Buy to Neutral on June 28, 2024, while the target price for the stock was maintained at $181.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 02 ’24 when Pichai Sundar sold 22,500 shares for $167.07 per share. The transaction valued at 3,759,083 led to the insider holds 2,129,306 shares of the business.
O’Toole Amie Thuener sold 1,367 shares of GOOG for $230,804 on Oct 01 ’24. The VP, Chief Accounting Officer now owns 29,183 shares after completing the transaction at $168.84 per share. On Oct 02 ’24, another insider, SUNDAR PICHAI, who serves as the Director of the company, bought 22,500 shares for $168.42 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 2000603054080 and an Enterprise Value of 1936739794944. As of this moment, Alphabet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.41, and their Forward P/E ratio for the next fiscal year is 18.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.12 while its Price-to-Book (P/B) ratio in mrq is 6.69. Its current Enterprise Value per Revenue stands at 5.9 whereas that against EBITDA is 16.772.
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 0.09%, while the 200-Day Moving Average is calculated to be 1.20%.
Shares Statistics:
For the past three months, GOOG has traded an average of 17.91M shares per day and 13979380 over the past ten days. 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 27.61% stake in the company. Shares short for GOOG as of 1727654400 were 36073354 with a Short Ratio of 2.01, compared to 1724976000 on 41106251.
Dividends & Splits
According to the company, the forward annual dividend rate for GOOG is 0.40, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0012265424
