Alphabet Inc (NASDAQ: GOOG) kicked off on Friday, down -1.58% from the previous trading day, before settling in for the closing price of $169.24. Over the past 52 weeks, GOOG has traded in a range of $129.40-$193.31.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 18.09%. While this was happening, its average annual earnings per share was recorded 38.06%. With a float of $5.14 billion, this company’s outstanding shares have now reached $5.69 billion.
Considering the fact that the conglomerate employs 182502 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 57.91%, operating margin of 30.94%, and the pretax margin is 32.97%.
Alphabet Inc (GOOG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Alphabet Inc is 58.02%, while institutional ownership is 27.26%. The most recent insider transaction that took place on Nov 20 ’24, was worth 3,975,018. In this transaction Chief Executive Officer of this company sold 22,500 shares at a rate of $176.67, taking the stock ownership to the 2,061,806 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Director proposed sale 22,500 for $179.58, making the entire transaction worth $4,040,550.
Alphabet Inc (GOOG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 38.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.85% during the next five years compared to 21.56% growth over the previous five years of trading.
Alphabet Inc (NASDAQ: GOOG) Trading Performance Indicators
Take a look at Alphabet Inc’s (GOOG) current performance indicators. Last quarter, stock had a quick ratio of 1.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.88. Likewise, its price to free cash flow for the trailing twelve months is 35.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.54, a number that is poised to hit 2.11 in the next quarter and is forecasted to reach 8.99 in one year’s time.
Technical Analysis of Alphabet Inc (GOOG)
Compared to the last year’s volume of 19.65 million, its volume of 22.64 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.79%. Additionally, its Average True Range was 4.40.
During the past 100 days, Alphabet Inc’s (GOOG) raw stochastic average was set at 40.72%, which indicates a significant increase from 6.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.03% in the past 14 days, which was higher than the 26.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $169.09, while its 200-day Moving Average is $165.45. Nevertheless, the first resistance level for the watch stands at $167.99 in the near term. At $169.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $170.54. If the price goes on to break the first support level at $165.43, it is likely to go to the next support level at $164.29. Should the price break the second support level, the third support level stands at $162.88.
Alphabet Inc (NASDAQ: GOOG) Key Stats
The company with the Market Capitalisation of 1994.87 billion has total of 12,241,000K Shares Outstanding. Its annual sales at the moment are 307,394 M in contrast with the sum of 73,795 M annual income. Company’s last quarter sales were recorded 88,268 M and last quarter income was 26,301 M.
