Alphabet Inc [NASDAQ: GOOGL] closed the trading session at $192.04.
The stocks have a year to date performance of 1.45 percent and weekly performance of 1.38 percent. The stock has been moved at 3.49 percent over the last six months. The stock has performed 9.51 percent around the most recent 30 days and changed 18.65 percent over the most recent 3-months.
If compared to the average trading volume of 27.60M shares, GOOGL reached to a volume of 26586676 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Alphabet Inc [GOOGL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GOOGL shares is $213.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GOOGL stock is a recommendation set at 1.52. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JMP Securities have made an estimate for Alphabet Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 02, 2025. The new note on the price target was released on October 31, 2024, representing the official price target for Alphabet Inc stock. Previously, the target price had yet another raise from $196 to $220, while Truist kept a Buy rating on GOOGL stock. On October 14, 2024, analysts decreased their price target for GOOGL shares from 217 to 208.
The Average True Range (ATR) for Alphabet Inc is set at 4.92, with the Price to Sales ratio for GOOGL stock in the period of the last 12 months amounting to 6.94. The Price to Book ratio for the last quarter was 7.50, with the Price to Cash per share for the same quarter was set at 7.60. Price to Free Cash Flow for GOOGL in the course of the last twelve months was 42.22 with Quick ratio for the last quarter at 1.95.
GOOGL stock trade performance evaluation
Alphabet Inc [GOOGL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.38. With this latest performance, GOOGL shares gained by 9.51% in over the last four-week period, additionally plugging by 3.49% over the last 6 months – not to mention a rise of 36.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GOOGL stock in for the last two-week period is set at 55.66, with the RSI for the last a single of trading hit 52.30, and the three-weeks RSI is set at 56.98 for Alphabet Inc [GOOGL]. The present Moving Average for the last 50 days of trading for this stock 181.37, while it was recorded at 194.03 for the last single week of trading, and 170.83 for the last 200 days.
Alphabet Inc [GOOGL]: An insightful look at the core fundamentals
Alphabet Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.95 and a Current Ratio set at 1.95.
Earnings per share (EPS) analysis for Alphabet Inc [GOOGL] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GOOGL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Alphabet Inc go to 15.85%.
Alphabet Inc [GOOGL]: Institutional Ownership
There are presently around $80.68%, or 80.88%% of GOOGL stock, in the hands of institutional investors. The top three institutional holders of GOOGL stocks are: VANGUARD GROUP INC with ownership of 504.37 million shares, which is approximately 4.0863%. BLACKROCK INC., holding 421.08 million shares of the stock with an approximate value of $$76.7 billion in GOOGL stocks shares; and BLACKROCK INC., currently with $$41.61 billion in GOOGL stock with ownership which is approximately 1.8507%.
