The stock of Alphabet Inc (GOOGL) has gone up by 0.79% for the week, with a -3.16% drop in the past month and a 3.41% rise in the past quarter. The volatility ratio for the week is 1.39%, and the volatility levels for the past 30 days are 2.02% for GOOGL. The simple moving average for the past 20 days is -2.67% for GOOGL’s stock, with a 2.75% simple moving average for the past 200 days.
Is It Worth Investing in Alphabet Inc (NASDAQ: GOOGL) Right Now?
The price-to-earnings ratio for Alphabet Inc (NASDAQ: GOOGL) is 22.41x, which is above its average ratio. Moreover, the 36-month beta value for GOOGL is 1.02. Analysts have varying opinions on the stock, with 37 analysts rating it as a “buy,” 14 as “overweight,” 11 as “hold,” and 0 as “sell.”
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The public float for GOOGL is 5.82B and currently, short sellers hold a 1.18% of that float. On December 02, 2024, GOOGL’s average trading volume was 25.85M shares.
GOOGL) stock’s latest price update
Alphabet Inc (NASDAQ: GOOGL) has seen a decline in its stock price by -0.17 in relation to its previous close of 169.23. However, the company has experienced a 0.79% gain in its stock price over the last five trading sessions. fool.com reported 2024-12-01 that There’s no denying that Nvidia (NVDA 2.15%) is the poster child of the artificial intelligence (AI) craze. The semiconductor business elevated to new heights thanks to sizable investments from multiple tech giants looking to build out their network infrastructure and processing capabilities, leading to monster gains for the company and its stock.
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 0.36% 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 -11.89% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares sank -1.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.20% upper at present.
During the last 5 trading sessions, GOOGL rose by +0.79%, which changed the moving average for the period of 200-days by +15.77% in comparison to the 20-day moving average, which settled at $173.58. In addition, Alphabet Inc saw 20.95% 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 ARNOLD FRANCES, who proposed sale 111 shares at the price of $169.98 back on Nov 29 ’24. After this action, ARNOLD FRANCES now owns shares of Alphabet Inc, valued at $18,868 using the latest closing price.
Pichai Sundar, the Chief Executive Officer of Alphabet Inc, sale 22,500 shares at $176.67 during a trade that took place back on Nov 20 ’24, which means that Pichai Sundar is holding 2,061,806 shares at $3,975,018 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 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 9.66. The debt to equity ratio resting at 0.03. 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 6.13. 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 wrap up, the performance of Alphabet Inc (GOOGL) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
