Analysts Offer Predictions for Alphabet FY2025 Earnings

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Equities research analysts at Cantor Fitzgerald decreased their FY2025 EPS estimates for shares of Alphabet in a research note issued on Wednesday, January 22nd. Cantor Fitzgerald analyst D. Mathivanan now expects that the information services provider will earn $8.97 per share for the year, down from their previous estimate of $9.05. Cantor Fitzgerald currently has a "Neutral" rating and a $210.00 target price on the stock. The consensus estimate for Alphabet's current full-year earnings is $8.03 per share.

Several other analysts have also issued reports on GOOGL. Wells Fargo & Company upped their price target on shares of Alphabet from $187.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Monday, January 13th. China Renaissance raised Alphabet from a "hold" rating to a "buy" rating in a research note on Thursday, October 31st. Piper Sandler reaffirmed an "overweight" rating and set a $210.00 target price (up from $200.00) on shares of Alphabet in a report on Wednesday, October 30th. Bank of America restated a "buy" rating and set a $210.00 price target on shares of Alphabet in a report on Monday, December 23rd. Finally, Scotiabank raised Alphabet to a "strong-buy" rating in a research note on Friday, October 11th. Nine analysts have rated the stock with a hold rating, thirty have issued a buy rating and four have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $208.67.

Alphabet Trading Down 0.2 %

NASDAQ:GOOGL traded down $0.39 on Thursday, reaching $197.98. The company's stock had a trading volume of 26,926,483 shares, compared to its average volume of 23,997,695. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95. Alphabet has a 1-year low of $130.66 and a 1-year high of $202.29. The business's 50-day moving average price is $185.46 and its two-hundred day moving average price is $173.55. The firm has a market cap of $2.42 trillion, a PE ratio of 26.26, a PEG ratio of 1.27 and a beta of 0.98.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.29. Alphabet had a return on equity of 31.66% and a net margin of 27.74%. The firm had revenue of $88.27 billion for the quarter, compared to analyst estimates of $72.85 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 9th were issued a $0.20 dividend. The ex-dividend date was Monday, December 9th. This represents a $0.80 annualized dividend and a dividend yield of 0.40%. Alphabet's dividend payout ratio (DPR) is 10.61%.

Insider Activity

In other news, insider John Kent Walker sold 16,820 shares of Alphabet stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $192.62, for a total value of $3,239,868.40. Following the transaction, the insider now owns 43,981 shares of the company's stock, valued at $8,471,620.22. This trade represents a 27.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Frances Arnold sold 441 shares of the business's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $171.06, for a total transaction of $75,437.46. Following the transaction, the director now directly owns 16,490 shares in the company, valued at $2,820,779.40. This trade represents a 2.60 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 133,387 shares of company stock worth $24,368,654. Corporate insiders own 11.55% of the company's stock.

Institutional Trading of Alphabet

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bennett Selby Investments LP increased its stake in shares of Alphabet by 4.0% in the fourth quarter. Bennett Selby Investments LP now owns 1,354 shares of the information services provider's stock valued at $256,000 after buying an additional 52 shares in the last quarter. Conrad Siegel Investment Advisors Inc. increased its holdings in Alphabet by 0.5% in the fourth quarter. Conrad Siegel Investment Advisors Inc. now owns 9,845 shares of the information services provider's stock valued at $1,864,000 after purchasing an additional 53 shares during the last quarter. Denver PWM LLC lifted its stake in Alphabet by 25.4% in the third quarter. Denver PWM LLC now owns 281 shares of the information services provider's stock valued at $47,000 after buying an additional 57 shares during the period. Ignite Planners LLC boosted its holdings in Alphabet by 0.4% during the fourth quarter. Ignite Planners LLC now owns 15,078 shares of the information services provider's stock worth $2,892,000 after buying an additional 57 shares during the last quarter. Finally, Fermata Advisors LLC increased its stake in shares of Alphabet by 0.8% in the 4th quarter. Fermata Advisors LLC now owns 7,433 shares of the information services provider's stock valued at $1,407,000 after acquiring an additional 57 shares during the last quarter. Institutional investors own 40.03% of the company's stock.

About Alphabet

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.