Alphabet Class C (NASDAQ:GOOG) shares traded 0.2% up during most recent session to reach at the closing price of $1204.62. The stock exchanged hands 708774 shares versus average trading capacity of 1.4 Million shares, yielding a market cap of $820.24 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $1352.5 within the next 52-weeks. The mean target projections are based on 4 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Alphabet Class C (NASDAQ:GOOG) high price target of $1420 and with a conservative view have low price target of $1240.
PiperJaffray “Maintained” Alphabet Class C (NASDAQ:GOOG) in a research note issued to investors on 2/05/19 to Overweight with price target of $1355.
Additionally on 2/05/19 Deutsche Bank “Maintained” Alphabet Class C (NASDAQ:GOOG) to Buy setting price target at $1380 and on 1/23/19 Deutsche Bank “Maintained” the stock to Buy at $1300. Furthermore on 10/26/18 Raymond James “Maintained” the stock to Outperform at $1300.
On the other hand the company has Relative Strength Index (RSI 14) of 58.5 along with Average True Range (ATR 14) of 16.1, Consequently Alphabet Class C (NASDAQ:GOOG)’s weekly and monthly volatility is 0.74%, 1.34% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, Alphabet Class C (NASDAQ:GOOG) has analysts’ mean recommendation of 1.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Alphabet Class C (NASDAQ:GOOG)’s minimum EPS for the current quarter is at $9.32 and can go high up to $11.8. The consensus mean EPS for the current quarter is at $10.58 derived from a total of 31 estimates from the analysts who have weighed in on projected earnings. However the company reported $13.33 earnings per share for the same quarter during last year.
Previously Alphabet Class C (NASDAQ:GOOG) reported $12.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.82 by $1.95. The company posted an earnings surprise of 18%.
Alphabet Class C (NASDAQ:GOOG)’s revenue estimates for the current quarter are $37.33 Billion according to 26 number of analysts, for the current quarter the company has high revenue estimates of $37.94 Billion in contradiction of low revenue estimates of $36.91 Billion. For the current year the company’s revenue estimates are $163.5 Billion compared to low analyst estimates of $158.82 Billion and high estimates of $166.34 Billion according to 30 number of analysts.
Currently Alphabet Class C (NASDAQ:GOOG)’s shares owned by insiders are 0.02%, whereas shares owned by institutional owners are 69.92%. However the six-month change in the insider ownership was recorded -49.28%, as well as three-month change in the institutional ownership was recorded 0%.
Alphabet Class C (NASDAQ:GOOG)’s trailing twelve month revenues are $136.82 Billion, whereas its price to sales ratio for the same period is 6. Its book value per share for the most recent quarter is $255.38 while its price to book ratio for the same period is 4.72, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 1.57 whereas its trailing twelve month P/E ratio is 27.56.