Media stories about Alphabet (NASDAQ:GOOGL) have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than 6,000 blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Alphabet earned a media sentiment score of 1.73 on their scale. InfoTrie also gave news stories about the information services provider an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have effected Alphabet’s score:
GOOGL has been the topic of several recent research reports. Macquarie set a $1,300.00 price target on Alphabet and gave the company a “buy” rating in a research report on Friday, July 26th. Royal Bank of Canada boosted their price target on Alphabet from $1,425.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Tuesday, September 24th. Stifel Nicolaus lifted their price objective on Alphabet from $1,299.00 to $1,325.00 and gave the company a “hold” rating in a report on Tuesday, October 29th. Loop Capital lifted their price objective on Alphabet to $1,450.00 and gave the company a “hold” rating in a report on Monday, November 11th. They noted that the move was a valuation call. Finally, FBN Securities set a $1,400.00 price objective on Alphabet and gave the company a “buy” rating in a report on Friday, July 26th. Seven analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $1,411.81.
NASDAQ:GOOGL traded up $24.39 on Friday, reaching $1,333.54. The stock had a trading volume of 1,851,700 shares, compared to its average volume of 1,522,865. The stock has a market cap of $902.90 billion, a P/E ratio of 28.07, a price-to-earnings-growth ratio of 1.60 and a beta of 1.01. Alphabet has a 12-month low of $977.66 and a 12-month high of $1,333.54. The company has a current ratio of 3.78, a quick ratio of 3.75 and a debt-to-equity ratio of 0.07. The company has a 50-day moving average of $1,250.67 and a 200 day moving average of $1,182.72.
Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Monday, October 28th. The information services provider reported $10.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $12.42 by ($2.30). The company had revenue of $33.01 billion during the quarter, compared to analyst estimates of $32.84 billion. Alphabet had a return on equity of 18.34% and a net margin of 21.04%. During the same quarter in the prior year, the business earned $13.06 earnings per share. On average, equities analysts predict that Alphabet will post 49.05 EPS for the current year.
Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.
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