They presently have a $1,200.00 price objective on the information services provider's stock. (GOOGL). Moving averages have the ability to be used as a powerful indicator for technical stock analysis. The firm earned "Overweight" rating on Wednesday, June 8 by Morgan Stanley. The Other Bets segment is involved in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily.
July 21 investment analysts at Deutsche Bank kept the company rating at "Buy" but moved down the price target from $1.00 to $1.00. Cowen and Company restated an "outperform" rating and issued a $1,075.00 price target on shares of Alphabet in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and forty have assigned a buy rating to the company. William Blair maintained Alphabet Inc (NASDAQ:GOOGL) on Tuesday, September 1 with "Outperform" rating.
Shares of Alphabet Inc.
The most current P/E ratio is 35.85 and the market cap is 685.43B.
The Swiss bank thinks Alphabet has upped its target from US$1,100 to US$1,350 - the highest estimate on Wall Street according to FactSet. The 50 day moving average moved up $50.83 and the 200 day average moved up $66.53.
Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Thursday, April 27th. GOOGL's profit will be $5.80 billion for 29.29 P/E if the $8.43 EPS becomes a reality. Alphabet had a return on equity of 13.66% and a net margin of 19.49%. The company had revenue of $20.92 billion for the quarter, compared to analyst estimates of $20.83 billion. Next quarter's EPS is expected be $9.59 and the next full year EPS is anticipated to be $40.09. After having $5.01 EPS previously, Alphabet Inc's analysts see 68.26 % EPS growth.
WARNING: "Arthur M. Cohen & Associates LLC Invests $574,000 in Alphabet Inc". The stock has "Buy" rating by Canaccord Genuity on Friday, January 27. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & global copyright & trademark law.
In a report issued 10/12/2017 Pivotal Research bumped up the target of Google Inc.
Several large investors have recently added to or reduced their stakes in the business.
Ltd reports that it bought 950 shares in quarter ending 09/30/2017 increasing its stake in Alphabet Inc. Parkside Financial Bank & Trust now owns 127 shares of the information services provider's stock valued at $118,000 after buying an additional 36 shares during the period. Rothschild Investment Corp IL grew its position in shares of Alphabet by 1.7% in the 2nd quarter. Neville Rodie & Shaw Inc. now owns 14,407 shares of the information services provider's stock valued at $14,028,000 after acquiring an additional 200 shares in the last quarter. Carret Asset Management LLC grew its position in shares of Alphabet by 1.5% in the 1st quarter. Inc. now owns 152 shares of the information services provider's stock valued at $129,000 after purchasing an additional 56 shares during the period. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in shares of Alphabet by 0.7% in the 2nd quarter. The value of the investment in Alphabet Inc. increased from $1,139,000 to $1,145,000 increasing 0.5% quarter over quarter. The institutional investor owned 20,965 shares of the information services provider's stock after selling 135 shares during the period.
General Company Details For Google Inc.