A new trading day began on Friday, with Alphabet Inc (NASDAQ: GOOG) stock price up 1.62% from the previous day of trading, before settling in for the closing price of $194.41. GOOG’s price has ranged from $131.55 to $202.88 over the past 52 weeks.
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Communication Services Sector giant saw their annual sales surged by 18.16% over the last five years. Meanwhile, its annual earnings per share averaged 38.24%. With a float of $5.14 billion, this company’s outstanding shares have now reached $5.55 billion.
The firm has a total of 182502 workers. Let’s measure their productivity. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Alphabet Inc is 58.00%, while institutional ownership is 27.25%. The most recent insider transaction that took place on Jan 15 ’25, was worth 550,703. In this transaction VP, Chief Accounting Officer of this company sold 2,834 shares at a rate of $194.32, taking the stock ownership to the 17,847 shares. Before that another transaction happened on Jan 13 ’25, when Company’s Director sold 1,500 for $189.80, making the entire transaction worth $284,693. This insider now owns 21,824 shares in total.
Alphabet Inc (GOOG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.40% during the next five years compared to 21.56% growth over the previous five years of trading.
Alphabet Inc (NASDAQ: GOOG) Trading Performance Indicators
Here are Alphabet Inc’s current performance indicators. According to the last quarter’s results, the 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 7.09. Likewise, its price to free cash flow for the trailing twelve months is 43.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.54, a number that is poised to hit 2.12 in the next quarter and is forecasted to reach 8.98 in one year’s time.
Technical Analysis of Alphabet Inc (GOOG)
Analysing the last 5-days average volume posted by the [Alphabet Inc, GOOG], we can find that recorded value of 15.05 million was lower than the volume posted last year of 16.11 million. As of the previous 9 days, the stock’s Stochastic %D was 56.78%. Additionally, its Average True Range was 4.75.
During the past 100 days, Alphabet Inc’s (GOOG) raw stochastic average was set at 90.25%, which indicates a significant increase from 65.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.67% in the past 14 days, which was lower than the 26.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $185.06, while its 200-day Moving Average is $173.36. Now, the first resistance to watch is $199.14. This is followed by the second major resistance level at $200.72. The third major resistance level sits at $202.64. If the price goes on to break the first support level at $195.64, it is likely to go to the next support level at $193.72. Should the price break the second support level, the third support level stands at $192.14.
Alphabet Inc (NASDAQ: GOOG) Key Stats
With a market capitalization of 2407.81 billion, the company has a total of 12,241,000K Shares Outstanding. Currently, annual sales are 307,394 M while annual income is 73,795 M. The company’s previous quarter sales were 88,268 M while its latest quarter income was 26,301 M.
