Alphabet Inc (NASDAQ: GOOGL) has a higher price-to-earnings ratio of 22.24x compared to its average ratio. GOOGL has 36-month beta value of 1.01. Analysts have mixed views on the stock, with 36 analysts rating it as a “buy,” 14 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for GOOGL is 5.83B, and currently, short sellers hold a 1.10% ratio of that float. The average trading volume of GOOGL on November 26, 2024 was 25.28M shares.
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GOOGL) stock’s latest price update
Alphabet Inc (NASDAQ: GOOGL)’s stock price has increased by 1.75 compared to its previous closing price of 164.76. However, the company has seen a -4.36% decrease in its stock price over the last five trading sessions. fool.com reported 2024-11-25 that The average investor can find compelling investment ideas by looking at what the big boys are doing. Regulations require larger asset managers to disclose their holdings every quarter, which can provide valuable insights into potential stocks to buy.
GOOGL’s Market Performance
Alphabet Inc (GOOGL) has experienced a -4.36% fall in stock performance for the past week, with a 1.44% rise in the past month, and a 1.80% rise in the past quarter. The volatility ratio for the week is 3.01%, and the volatility levels for the past 30 days are at 2.30% for GOOGL. The simple moving average for the last 20 days is -3.64% for GOOGL stock, with a simple moving average of 2.17% for the last 200 days.
Analysts’ Opinion of GOOGL
Truist, on the other hand, stated in their research note that they expect to see GOOGL reach a price target of $220, previously predicting the price at $196. The rating they have provided for GOOGL stocks is “Buy” according to the report published on October 16th, 2024.
Goldman gave a rating of “Buy” to GOOGL, setting the target price at $208 in the report published on October 14th of the current year.
GOOGL Trading at -0.11% from the 50-Day Moving Average
After a stumble in the market that brought GOOGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.57% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 3.01%, as shares surge +0.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.07% upper at present.
During the last 5 trading sessions, GOOGL fell by -4.36%, which changed the moving average for the period of 200-days by +12.52% in comparison to the 20-day moving average, which settled at $173.97. In addition, Alphabet Inc saw 20.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GOOGL starting from Pichai Sundar, who sale 22,500 shares at the price of $176.67 back on Nov 20 ’24. After this action, Pichai Sundar now owns 2,061,806 shares of Alphabet Inc, valued at $3,975,018 using the latest closing price.
SUNDAR PICHAI, the Director of Alphabet Inc, proposed sale 22,500 shares at $179.58 during a trade that took place back on Nov 20 ’24, which means that SUNDAR PICHAI is holding shares at $4,040,550 based on the most recent closing price.
Stock Fundamentals for GOOGL
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.58 for the gross margin
The net margin for Alphabet Inc stands at 0.28. The total capital return value is set at 0.3. Equity return is now at value 32.10, with 22.80 for asset returns.
Based on Alphabet Inc (GOOGL), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 7.77. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 370.12.
Currently, EBITDA for the company is 97.97 billion with net debt to EBITDA at 0.06. When we switch over and look at the enterprise to sales, we see a ratio of 6.09. The receivables turnover for the company is 6.92for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.
Conclusion
To put it simply, Alphabet Inc (GOOGL) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
