Economy

Alphabet Inc (GOOGL) Analysts See $8.43 EPS

Alphabet Inc (GOOGL) Analysts See $8.43 EPS”

Trust Department MB Financial Bank N A now owns 170 shares of the company's stock worth $132,000 after buying an additional 5 shares during the last quarter. Cribstone Capital Management LLC raised its stake in shares of Alphabet by 5.7% in the 2nd quarter. Finally, Opera Trading Capital purchased a new position in Alphabet in the 2nd quarter valued at $1,010,000. Sullivan Bruyette Speros & Blaney LLC now owns 780 shares of the information services provider's stock worth $725,000 after acquiring an additional 25 shares during the last quarter. Farmers National Bank now owns 161 shares of the information services provider's stock valued at $134,000 after purchasing an additional 21 shares during the period.

On Wednesday, Shares of Alphabet Inc. (NASDAQ:GOOG) by 2.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. However, the institutional investors are observed to own 70.59% of the total shares. Alphabet comprises about 1.4% of Wright Investors Service Inc.'s holdings, making the stock its 7th largest position. The EBITDA Yield for Alphabet Inc. The Earnings Yield for Alphabet Inc.

Looking into last 5 trades, the stock observed a return of nearly -2.18%. About 1.00M shares traded. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. The stock was trading at a distance of -2.55% from its 52-week highs and stands 33.57% away from its 52-week lows. The firm has a 50-day moving average of $968.45 and a 200-day moving average of $951.81.

Investors wait Alphabet Inc (NASDAQ:GOOGL) to report on October, 26. its quarterly earnings Wall Street analysts expect $8.43 EPS, up $1.18 or 16.28 % from last year's $7.25 same quarter earnings. For the last period, the company reported quarter over quarter EPS growth of -28.40% and quarter over quarter sales growth of 21.00%. The company had revenue of $20.92 billion during the quarter, compared to analysts' expectations of $20.83 billion. Alphabet had a return on equity of 13.66% and a net margin of 19.49%. The business's quarterly revenue was up 20.2% compared to the same quarter previous year. Analysts are forecasting earnings of $8.33 on a per share basis this quarter. Equities analysts anticipate that Alphabet Inc. will post $30.64 EPS for the current year. MKM Partners restated a "buy" rating and set a $1,210.00 price objective (up previously from $1,170.00) on shares of Alphabet in a report on Thursday, August 10th. Macquarie restated an "outperform" rating and issued a $975.00 price objective on shares of Alphabet in a research note on Wednesday, October 5th. Credit Suisse maintained it with "Outperform" rating and $850.0 target in Friday, October 23 report. Finally, Robert W. Baird reaffirmed an "outperform" rating on shares of Alphabet in a research note on Monday, July 3rd. Alphabet Inc. (NasdaqGS:GOOGL) presently has a 10 month price index of 1.22895.

In other Alphabet news, CEO Lawrence Page sold 16,670 shares of the business's stock in a transaction on Friday, October 28th. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Sell-side analysts have also provided a consensus recommendation of 1.80 on company shares. The shares were sold at an average price of $744.59, for a total transaction of $144,450.46. The disclosure for this sale can be found here.

The Price to book ratio is the current share price of a company divided by the book value per share.

TRADEMARK VIOLATION WARNING: "Alphabet's (GOOGL) Buy Rating Reaffirmed at Citigroup Inc." was originally posted by StockNewsTimes and is owned by of StockNewsTimes. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 19.003764, and a current Price to Earnings ratio of 35.572130. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.



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