Weekly Investment Analysts' Ratings Changes for Alphabet (GOOG)

Lloyd Doyle
January 18, 2018

WMS Partners LLC decreased its stake in shares of Alphabet Inc. (NYSE:V) shares were sold by MATSCHULLAT ROBERT W. $1.07M worth of Visa Inc. On the stock's most recent trading day, the company's shares ended the regular session at $1130.70, which is 0.05% lower than its 52-week high. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Lawrence Page sold 66,664 shares of Alphabet stock in a transaction that occurred on Thursday, December 22nd. They now have a $949.65 price target on the stock. They now have a $1,019.04 price target on the stock.

On Wednesday, November 15th, Sundar Pichai sold 4,000 shares of Alphabet stock. The company was upgraded on Tuesday, September 1 by Vetr. A reading under 30 may indicate that the stock is oversold, and possibly undervalued.

Alphabet Inc (NASDAQ:GOOGL) yearly performance is 36.07% and net profit margin is 20.10%. 1,200,471 shares of the company's stock were exchanged, compared to its average volume of 1,350,000. The company has a quick ratio of 5.73, a current ratio of 5.77 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $783,700.00, a P/E ratio of 37.49 and a beta of 0.94.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 27th. Google had 167 analyst reports since August 8, 2015 according to SRatingsIntel.

Alphabet Class A (GOOGL) now has a 14-day Commodity Channel Index (CCI) of 91.47. The business had revenue of $27.77 billion during the quarter, compared to the consensus estimate of $27.17 billion. Odey Holdings AG now owns 130 shares of the information services provider's stock valued at $121,000 after acquiring an additional 20 shares in the last quarter.

A number of equities research analysts have recently issued reports on GOOG shares.

Alphabet (NASDAQ:GOOGL) traded up $6.24 on Wednesday, hitting $1,136.94. This target by Needham would suggest the possibile upside of 1.23 % from the previous close.

In an analyst report issued to clients this morning, Needham reconfirmed their "Buy" rating on Alphabet Inc (NASDAQ:GOOGL) shares. (NASDAQ:GOOGL) earned "Buy" rating by Oppenheimer on Monday, July 17. One investment analyst has rated the stock with a sell rating, five have given a hold rating, forty-one have issued a buy rating and one has issued a strong buy rating to the company's stock.

The stock's 50-day average volume has been 1,418,286 shares, with an average of 100% of medium term indicators pointing toward Buy.

A number of other hedge funds and other institutional investors also recently modified their holdings of GOOG. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. BlackRock Institutional Trust Company N.A. now owns 7,758,701 shares of the company's stock valued at $5,369,797,000 after buying an additional 64,853 shares during the last quarter. One Capital Management LLC increased its holdings in shares of Alphabet by 5.0% in the second quarter.

Investors may be trying to decide if stocks will make new highs before the year is out, and whether or not the bull market will celebrate its 9th anniversary next year. Principal Financial Group Inc. now owns 680,828 shares of the information services provider's stock worth $653,001,000 after buying an additional 22,607 shares in the last quarter. Finally, Farmers National Bank lifted its position in Alphabet by 3.3% in the 2nd quarter. AKO Capital LLP now owns 51,624 shares of the information services provider's stock worth $46,912,000 after purchasing an additional 3,289 shares during the period.

TRADEMARK VIOLATION WARNING: "Alphabet (GOOGL) Downgraded by Zacks Investment Research" was first posted by Week Herald and is the sole property of of Week Herald. If you are reading this story on another site, it was stolen and republished in violation of USA & worldwide trademark & copyright laws. During the same period last year, the business earned $9.06 EPS. research analysts anticipate that Alphabet will post 32.36 EPS for the current fiscal year. The Company's businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets.

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