Featured Stock Update: Alphabet Inc. (NASDAQ:GOOGL)

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Alphabet Inc. (NASDAQ:GOOGL)

Morgan Stanley Maintains Alphabet Inc. (NASDAQ:GOOGL)’s stock to Overweight with the price target of $1515. This rating was issued on 8/29/18. The stock recently closed its previous session at $1090.74 by showing a percentage change of -0.13% from its previous day closing price of $1092.16.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Alphabet Inc. (NASDAQ:GOOGL) in which Bank of America Maintains Alphabet Inc. (NASDAQ:GOOGL) to Buy by settling a price target of $1390 on 7/24/18. Credit Suisse Maintains the stock to Outperform on 7/24/18 by stationing a price target of $1375. BMO Capital Maintains the company’s stock to Market Perform on 7/24/18 by setting a price target of $1150. B. Riley FBR Maintains Alphabet Inc. (NASDAQ:GOOGL) to Buy with a price target of $1475.

Alphabet Inc. (NASDAQ:GOOGL) currently has a consensus Price Target of $1398.55. While some analysts have a High Price target for the stock of $1657.6 and a Low Price Target of $1080.

Several sell side analysts reviewed their recommendations on Alphabet Inc. (NASDAQ:GOOGL) where 18 analyst have rated the stock as Strong Buy, 22 analysts said it’s a Buy, 3 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.25. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Alphabet Inc. (NASDAQ:GOOGL) reported its Actual EPS of $4.54/share. The analysts offering Earnings Estimates for the company were believing that Alphabet Inc. (NASDAQ:GOOGL) could bring EPS of $9.59/share. The difference between Actual EPS and Estimated EPS was -5.05 Percent. Thus the company showed an Earnings Surprise of -52.7 Percent.

Alphabet Inc. (NASDAQ:GOOGL) has a market capitalization of 754.92 Billion. The stock traded with the volume of 3.38 Million shares in the last trading session. The stock touched its high share price of $1291.44 on 07/27/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/24/17 as $977.08. The company has a 1 Year high price target of $1386.29. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -7.46%. The Moving Average SMA50 is -9.73% while SMA200 is -3.96%.

Alphabet Inc. (NASDAQ:GOOGL) is currently showing its ROA (Return on Assets) of 8.1%. The Return on Investment (ROI) is at 13.7% while it’s Return on Equity (ROE) value stands at 10.3%. The stock currently shows its YTD (Year to Date) performance of 3.54 percent while its Weekly performance value is -7.33%. The Monthly and Yearly performances are -6.9 percent and 8.46 percent respectively. The Relative Volume value measured for Alphabet Inc. (NASDAQ:GOOGL) is 1.81. The Average Volume (3 months) is 1.87 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. GOOGL has P/E (Price to Earnings ttm) value of 29.29, Forward P/E of 22.65, P/C (Price to cash per share) of 7.45 and Price to Free Cash Flow (P/FCF) value of 35.78. The stock is showing its Operating Margin of 20.3 percent.

Company Profile:

Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.