During the same period in the prior year, the company posted $9.06 EPS. research analysts forecast that Alphabet will post 32.34 earnings per share for the current fiscal year. Atlantic Securities upgraded Alphabet Inc. The stock has a market cap of $698,379.25, a price-to-earnings ratio of 33.65 and a beta of 0.93. Following the completion of the sale, the chief executive officer now directly owns 1,178 shares of the company's stock, valued at $1,181,369.08. The firm's revenue was up 23.7% compared to the same quarter a year ago. The disclosure for this sale can be found here. In other news, SVP David C. Drummond sold 2,000 shares of the business's stock in a transaction that occurred on Monday, March 13th.
A number of analysts have recently issued reports on GOOG shares. RBC Capital Markets maintained the stock with "Buy" rating in Friday, October 27 report. Citigroup maintained the shares of GOOGL in report on Friday, April 1 with "Neutral" rating.
In a report revealed to clients and investors today, Evercore ISI Group analysts began Alphabet (NASDAQ:GOOGL) coverage with Outperform rating, and a $1230 PT. SunTrust Banks started coverage on Alphabet in a research report on Wednesday, August 16th. Alphabet presently has a consensus rating of Buy and an average price target of $1,089.17. Bank of America reissued a buy rating and issued a $1,100.00 price objective on shares of Alphabet in a report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, forty have assigned a buy rating and one has assigned a strong buy rating to the stock. Alphabet has a 52-week low of $773.53 and a 52-week high of $1,080.00. The company has a current ratio of 5.77, a quick ratio of 5.73 and a debt-to-equity ratio of 0.03. It has a 37.88 P/E ratio. (NASDAQ:GOOGL) on Wednesday, January 11 with "Outperform" rating. The information services provider reported $9.57 EPS for the quarter, beating analysts' consensus estimates of $8.31 by $1.26. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. They expect $10.13 earnings per share, up 33.99 % or $2.57 from last year's $7.56 per share. The company's revenue was up 23.7% on a year-over-year basis. State of Alaska Department of Revenue acquired a new stake in shares of Alphabet in the second quarter valued at approximately $102,000. Benjamin F. Edwards & Company Inc. now owns 4,128 shares of the information services provider's stock valued at $3,209,000 after buying an additional 230 shares during the last quarter.
The stock increased 1.21% or $12.54 during the last trading session, reaching $1045.26. Carroll Financial Associates Inc.'s holdings in Alphabet were worth $723,000 as of its most recent filing with the SEC. Strategic Advisors LLC now owns 707 shares of the information services provider's stock valued at $550,000 after buying an additional 139 shares during the last quarter.
BlackRock Inc. increased its stake in shares of Alphabet by 4.8% in the 2nd quarter. Finally, Stelac Advisory Services LLC bought a new stake in shares of Alphabet in the 3rd quarter worth $126,000. Strategic Advisors LLC raised its stake in shares of Alphabet by 24.5% in the third quarter. Farmers National Bank now owns 161 shares of the information services provider's stock worth $134,000 after buying an additional 21 shares during the period. Hedge funds and other institutional investors own 34.74% of the company's stock.
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Alphabet Inc is a holding company.