The stock price of Alphabet Inc (NASDAQ: GOOG) has jumped by 1.31 compared to previous close of 190.63. Despite this, the company has seen a fall of -2.01% in its stock price over the last five trading days. investorplace.com reported 2025-01-05 that Tom Yeung here with your Sunday Digest. In 1909, a young physics graduate student proposed building a magnetically levitated train inside a vacuum tube.
Is It Worth Investing in Alphabet Inc (NASDAQ: GOOG) Right Now?
The price-to-earnings ratio for Alphabet Inc (NASDAQ: GOOG) is above average at 25.62x. The 36-month beta value for GOOG is also noteworthy at 0.99. There are mixed opinions on the stock, with 36 analysts rating it as a “buy,” 14 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for GOOG is 5.14B, and at present, short sellers hold a 0.97% of that float. The average trading volume of GOOG on January 06, 2025 was 18.67M shares.
GOOG’s Market Performance
The stock of Alphabet Inc (GOOG) has seen a -2.01% decrease in the past week, with a 11.62% rise in the past month, and a 15.50% gain in the past quarter. The volatility ratio for the week is 2.05%, and the volatility levels for the past 30 days are at 2.54% for GOOG.. The simple moving average for the past 20 days is 1.23% for GOOG’s stock, with a 12.66% simple moving average for the past 200 days.
Analysts’ Opinion of GOOG
Many brokerage firms have already submitted their reports for GOOG stocks, with Seaport Research Partners repeating the rating for GOOG by listing it as a “Buy.” The predicted price for GOOG in the upcoming period, according to Seaport Research Partners is $200 based on the research report published on October 30, 2024 of the previous year 2024.
Scotiabank, on the other hand, stated in their research note that they expect to see GOOG reach a price target of $212. The rating they have provided for GOOG stocks is “Sector Outperform” according to the report published on October 11th, 2024.
Pivotal Research Group gave a rating of “Buy” to GOOG, setting the target price at $215 in the report published on October 01st of the previous year.
GOOG Trading at 6.99% from the 50-Day Moving Average
After a stumble in the market that brought GOOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.81% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares surge +9.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.77% upper at present.
During the last 5 trading sessions, GOOG fell by -2.01%, which changed the moving average for the period of 200-days by +30.56% in comparison to the 20-day moving average, which settled at $190.79. In addition, Alphabet Inc saw 1.41% 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 GOOG starting from O’Toole Amie Thuener, who sale 1,368 shares at the price of $191.55 back on Jan 02 ’25. After this action, O’Toole Amie Thuener now owns 20,681 shares of Alphabet Inc, valued at $262,040 using the latest closing price.
WALKER JOHN KENT, the President, Global Affairs, CLO of Alphabet Inc, sale 16,820 shares at $192.62 during a trade that took place back on Dec 30 ’24, which means that WALKER JOHN KENT is holding 43,981 shares at $3,239,916 based on the most recent closing price.
Stock Fundamentals for GOOG
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 (GOOG), 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 6.95. 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
In summary, Alphabet Inc (GOOG) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
