A number of research firms have recently issued reports on GOOGL. (NASDAQ:GOOGL) has "Overweight" rating given on Friday, February 2 by Barclays Capital. On Thursday, February 1 the stock rating was maintained by Robert W. Baird with "Buy". On Monday, January 29 Monness maintained Alphabet Inc. Zacks Investment Research upgraded Alphabet from a "hold" rating to a "buy" rating and set a $1,330.00 target price for the company in a research note on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the company's stock. The average 12-month price target, meanwhile, stands up at $1,267.62. Its distance from 20-days simple moving average is -1.53%, and its distance from 50 days simple moving average is -5.12% while it has a distance of -0.03% from the 200 days simple moving average.
The company shows its Return on Assets (ROA) value of 6.9%.
The Company holds the market capitalization of $708.67B along with 692.98M outstanding shares. The lowest target is $1165 while the high is $1350. The original version of this piece of content can be viewed at https://macondaily.com/2018/04/25/tufton-capital-management-decreases-position-in-alphabet-inc-googl-updated-updated-updated.html. The company had revenue of $24.86 billion during the quarter, compared to the consensus estimate of $24.20 billion.
In the liquidity ratio analysis; quick ratio for most recent quarter was 5.10 while current ratio for time period was 5.10.
Alphabet Inc. (NASDAQ:GOOGL) tumbled -2.92% year-to-date. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued. Grimes Communications Incorporated accumulated 0.33% or 3,280 shares. The transaction was disclosed in a document filed with the SEC, which is available at this link.
In the transaction dated April 02, 2018, the great number of shares disposed came courtesy the Director; Mather Ann disposed a total of 39 shares at an average price of $1023.1, amounting to approximately $39,901. The disclosure for this sale can be found here. In most recent quarter, LT Debt/Equity ratio was listed at 0.03 and Total Debt/Equity ratio was noted at 0.03.
Multiple company employees have indulged in significant insider trading. Wealthcare Advisory Partners LLC purchased a new stake in shares of Alphabet during the 3rd quarter valued at $137,000. Modera Wealth Management LLC lifted its holdings in Alphabet by 4.3% in the 2nd quarter. The difference between the expected and actual EPS was $0.65/share, which represents an Earnings surprise of 7%. NY boosted its holdings in Alphabet by 27.2% in the 2nd quarter. Hudock Capital Group LLC now owns 162 shares of the information services provider's stock valued at $150,000 after buying an additional 17 shares in the last quarter. Finally, Community Bank & Trust Waco Texas lifted its holdings in Alphabet by 20.0% in the 2nd quarter. Institutional investors own 34.81% of the company's stock. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of USA and worldwide copyright and trademark legislation. On Monday, January 8 Credit Suisse maintained Alphabet Inc. The firm owned 1,305,251 shares of the information services provider's stock after acquiring an additional 26,380 shares during the period. 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.