At the time of writing, Alphabet Inc [GOOG] stock is trading at $172.79, up 1.68%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GOOG shares have gain 6.22% over the last week, with a monthly amount drifted -4.64%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alphabet Inc [NASDAQ: GOOG] stock has seen the most recent analyst activity on October 30, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $200 for it. Previously, Scotiabank started tracking the stock with Sector Outperform rating on October 11, 2024, and set its price target to $212. On October 01, 2024, Pivotal Research Group initiated with a Buy rating and assigned a price target of $215 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $220 on July 10, 2024. Rosenblatt downgraded its rating to a Neutral but $181 remained the price target by the analyst firm on June 28, 2024. Oppenheimer reiterated a Outperform rating for this stock on April 08, 2024, and upped its price target to $185.
For the past year, the stock price of Alphabet Inc fluctuated between $148.20 and $208.70. Currently, Wall Street analysts expect the stock to reach $208.5 within the next 12 months. Alphabet Inc [NASDAQ: GOOG] shares were valued at $172.79 at the most recent close of the market. An investor can expect a potential return of 20.67% based on the average GOOG price forecast.
Analyzing the GOOG fundamentals
According to Alphabet Inc [NASDAQ:GOOG], the company’s sales were 349.81B for trailing twelve months, which represents an 11.94% jump. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.32 and Total Capital is 0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 171.26 points at the first support level, and at 169.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 173.62, and for the 2nd resistance point, it is at 174.44.
Ratios To Look Out For
It is important to note that Alphabet Inc [NASDAQ:GOOG] has a current ratio of 1.84. In addition, the Quick Ratio stands at 1.84 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 5.98, the price to book ratio is 6.49 and price to earnings (TTM) ratio is 21.48.
Transactions by insiders
Recent insider trading involved HENNESSY JOHN L, Director, that happened on Mar 13 ’25 when 200.0 shares were sold. Affiliate, The Lawrence Page Trust III completed a deal on Mar 13 ’25 to buy 16480.0 shares. Meanwhile, Affiliate The Lawrence Page Trust II bought 9440.0 shares on Mar 13 ’25.
