A share price of Alphabet Inc [GOOG] is currently trading at $149.24, up 1.02%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GOOG shares have lost -4.47% over the last week, with a monthly amount drifted -15.08%, 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.
Alphabet Inc experienced fluctuations in its stock price throughout the past year between $147.54 and $208.70. Currently, Wall Street analysts expect the stock to reach $210.13 within the next 12 months. Alphabet Inc [NASDAQ: GOOG] shares were valued at $149.24 at the most recent close of the market. An investor can expect a potential return of 40.8% based on the average GOOG price forecast.
Analyzing the GOOG fundamentals
Trailing Twelve Months sales for Alphabet Inc [NASDAQ:GOOG] were 349.81B which represents 11.94% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 142.96 points at the first support level, and at 136.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 155.23, and for the 2nd resistance point, it is at 161.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alphabet Inc [NASDAQ:GOOG] is 1.84. Also, the Quick Ratio is 1.84, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 5.16, the price to book ratio is 5.61 and price to earnings (TTM) ratio is 18.55.
Transactions by insiders
Recent insider trading involved Pichai Sundar, Chief Executive Officer, that happened on Apr 02 ’25 when 32500.0 shares were sold. Director, SUNDAR PICHAI completed a deal on Apr 02 ’25 to buy 32500.0 shares. Meanwhile, Director PICHAI FAMILY FOUNDATION bought 4000.0 shares on Apr 02 ’25.
