Alphabet Inc Class A Stock Today
GOOGL Stock | USD 156.01 0.54 0.35% |
Performance5 of 100
| Odds Of DistressLess than 5
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Alphabet is selling for 156.01 as of the 19th of April 2024. This is a 0.35 percent up since the beginning of the trading day. The stock's lowest day price was 154.62. Alphabet has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for Alphabet Inc Class A are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 19th of August 2004 | Category Communication Services |
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. The company has 5.89 B outstanding shares of which 56.58 M shares are currently shorted by private and institutional investors with about 1.65 days to cover all short positions. More on Alphabet Inc Class A
Moving against Alphabet Stock
0.69 | Z | Zillow Group Class Financial Report 1st of May 2024 | PairCorr |
0.48 | CCG | Cheche Group Report 25th of September 2024 | PairCorr |
0.46 | ZH | Zhihu Inc ADR | PairCorr |
0.43 | IAC | IAC Inc Financial Report 14th of May 2024 | PairCorr |
0.42 | SLE | Super League Enterprise Symbol Change | PairCorr |
Alphabet Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alphabet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alphabet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Alphabet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alphabet's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
CEO | Larry Page | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | Showing 3 out of 5 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Interactive Media & Services, Internet Content & Information, Communication Services, Nasdaq CTA Artificial, SP 500 Index, NASDAQ 100 Technology, SP 100 Index, SP 100, Nasdaq 100, ISE Cloud Computing, NASDAQ 100 Pre, NASDAQ Composite, ARCA Institutional, NASDAQ Composite Total, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Cash Cows, SRI Sustainable Growth, Artificial Intelligence, Social Domain, Millennials Best, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Alphabet report their recommendations after researching Alphabet's financial statements, talking to executives and customers, or listening in on Alphabet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alphabet Class A. The Alphabet consensus assessment is calculated by taking the average forecast from all of the analysts covering Alphabet. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key indicators related to Alphabet's liquidity, profitability, solvency, and operating efficiency, Alphabet Inc Class A may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Alphabet Class A is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Alphabet's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alphabet's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Alphabet's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Alphabet's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alphabet's financial leverage. It provides some insight into what part of Alphabet's total assets is financed by creditors.
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Alphabet Inc Class A (GOOGL) is traded on NASDAQ Exchange in USA. It is located in 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 and employs 182,502 people. Alphabet is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.95 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alphabet's market, we take the total number of its shares issued and multiply it by Alphabet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alphabet Class A classifies itself under Interactive Media & Services sector and is part of Communication Services industry. The entity has 5.89 B outstanding shares of which 56.58 M shares are currently shorted by private and institutional investors with about 1.65 days to cover all short positions.
Alphabet Inc Class A has accumulated about 21.88 B in cash with 101.75 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.58.
Check Alphabet Probability Of Bankruptcy
Ownership AllocationAlphabet holds a total of 5.89 Billion outstanding shares. The majority of Alphabet Inc Class A outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alphabet Class A to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alphabet. Please pay attention to any change in the institutional holdings of Alphabet Inc Class A as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Alphabet Ownership Details
Alphabet Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Alphabet jumping above the current price in 90 days from now is about 7.62%. The Alphabet Inc Class A probability density function shows the probability of Alphabet stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Alphabet has a beta of 0.8582. This usually indicates Alphabet Inc Class A market returns are very sensitive to returns on the market. As the market goes up or down, Alphabet is expected to follow. Additionally, alphabet Inc Class A has an alpha of 0.0929, implying that it can generate a 0.0929 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Alphabet to move above the current price in 90 days from now is about 7.62 (This Alphabet Inc Class A probability density function shows the probability of Alphabet Stock to fall within a particular range of prices over 90 days) .
Alphabet Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Alphabet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alphabet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alphabet's value.Instituion | Recorded On | Shares | |
Jpmorgan Chase & Co | 2023-12-31 | 57.9 M | |
Bank Of America Corp | 2023-12-31 | 55 M | |
Bank Of New York Mellon Corp | 2023-12-31 | 51.5 M | |
Massachusetts Financial Services Company | 2023-12-31 | 51.1 M | |
Capital Research Global Investors | 2023-12-31 | 50.5 M | |
Legal & General Group Plc | 2023-12-31 | 50.1 M | |
Amvescap Plc. | 2023-12-31 | 45.7 M | |
Fisher Asset Management, Llc | 2023-12-31 | 45.2 M | |
Deutsche Bank Ag | 2023-12-31 | 42.5 M | |
Vanguard Group Inc | 2023-12-31 | 493.8 M | |
Blackrock Inc | 2023-12-31 | 415 M |
Alphabet Historical Income Statement
Alphabet Inc Class A Income Statement is one of the three primary financial statements used for reporting Alphabet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alphabet Class A revenue and expense. Alphabet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alphabet's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 92.5 B this year, although the value of Net Income From Continuing Ops will most likely fall to about 40.7 B. View More FundamentalsAlphabet Stock Against Markets
Picking the right benchmark for Alphabet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alphabet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alphabet is critical whether you are bullish or bearish towards Alphabet Inc Class A at a given time. Please also check how Alphabet's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Alphabet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alphabet Corporate Directors
Alphabet corporate directors refer to members of an Alphabet board of directors. The board of directors generally takes responsibility for the Alphabet's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alphabet's board members must vote for the resolution. The Alphabet board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Paul Otellini | Independent Director | Profile | |
Shirley Tilghman | Independent Director | Profile | |
Kavitark Shriram | Independent Director | Profile | |
Alan Mulally | Director | Profile |
How to buy Alphabet Stock?
Before investing in Alphabet, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alphabet. To buy Alphabet stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alphabet. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Alphabet stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alphabet Inc Class A stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Alphabet Inc Class A stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alphabet Inc Class A, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alphabet Stock please use our How to Invest in Alphabet guide.
Already Invested in Alphabet Inc Class A?
The danger of trading Alphabet Inc Class A is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alphabet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alphabet. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alphabet Class A is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alphabet Class A is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Alphabet Class A information on this page should be used as a complementary analysis to other Alphabet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Alphabet Stock analysis
When running Alphabet's price analysis, check to measure Alphabet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.56 | Earnings Share 5.8 | Revenue Per Share 24.338 | Quarterly Revenue Growth 0.135 | Return On Assets 0.1437 |
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.