Cantor Fitzgerald Comments on Alphabet FY2025 Earnings

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Alphabet in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan expects that the information services provider will post earnings of $9.05 per share for the year. 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.

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

A number of other research firms also recently commented on GOOGL. KeyCorp boosted their price objective on Alphabet from $215.00 to $225.00 and gave the stock an "overweight" rating in a research note on Friday, January 10th. The Goldman Sachs Group restated a "buy" rating and set a $210.00 price objective on shares of Alphabet in a research report on Thursday, December 12th. Wolfe Research boosted their target price on shares of Alphabet from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, January 3rd. Robert W. Baird reissued an "outperform" rating and set a $205.00 target price on shares of Alphabet in a research note on Tuesday, December 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Alphabet from $212.00 to $232.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. Nine research 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. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $208.67.

Alphabet Stock Performance

Shares of NASDAQ GOOGL traded down $0.43 during midday trading on Wednesday, hitting $197.94. The company's stock had a trading volume of 2,254,094 shares, compared to its average volume of 22,245,139. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.95 and a current ratio of 1.95. The firm's fifty day moving average price is $185.46 and its 200-day moving average price is $173.55. Alphabet has a 1-year low of $130.66 and a 1-year high of $202.29. The firm has a market cap of $2.42 trillion, a P/E ratio of 26.29, a P/E/G ratio of 1.27 and a beta of 0.98.

Hedge Funds Weigh In On Alphabet

Institutional investors and hedge funds have recently modified their holdings of the business. Lantz Financial LLC raised its holdings in shares of Alphabet by 10.8% in the 2nd quarter. Lantz Financial LLC now owns 4,622 shares of the information services provider's stock worth $842,000 after acquiring an additional 452 shares during the last quarter. Spectrum Wealth Advisory Group LLC purchased a new position in shares of Alphabet during the second quarter valued at approximately $218,000. Vista Finance LLC purchased a new stake in Alphabet in the 2nd quarter valued at $229,000. Wedbush Securities Inc. lifted its stake in Alphabet by 2.6% during the 2nd quarter. Wedbush Securities Inc. now owns 212,308 shares of the information services provider's stock valued at $38,672,000 after acquiring an additional 5,458 shares in the last quarter. Finally, Choreo LLC boosted its holdings in Alphabet by 128.0% during the 2nd quarter. Choreo LLC now owns 263,144 shares of the information services provider's stock worth $48,138,000 after acquiring an additional 147,747 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 441 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of $171.06, for a total value of $75,437.46. Following the completion of the sale, the director now directly owns 16,490 shares in the company, valued at $2,820,779.40. This represents a 2.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O'toole sold 1,367 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $171.42, for a total value of $234,331.14. Following the completion of the sale, the chief accounting officer now directly owns 26,349 shares of the company's stock, valued at approximately $4,516,745.58. The trade was a 4.93 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 133,387 shares of company stock worth $24,368,654. Company insiders own 11.55% of the company's stock.

Alphabet Announces Dividend

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

Alphabet Company Profile

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.