Roth Capital Has Bullish Forecast for Alphabet Q1 Earnings

Alphabet Inc. (NASDAQ:GOOG - Free Report) - Stock analysts at Roth Capital lifted their Q1 2025 earnings per share (EPS) estimates for shares of Alphabet in a research note issued on Monday, April 21st. Roth Capital analyst R. Kulkarni now anticipates that the information services provider will post earnings per share of $2.37 for the quarter, up from their prior forecast of $2.20. The consensus estimate for Alphabet's current full-year earnings is $8.89 per share. Roth Capital also issued estimates for Alphabet's Q2 2025 earnings at $2.42 EPS, Q4 2025 earnings at $2.40 EPS and FY2026 earnings at $10.04 EPS.

GOOG has been the subject of several other research reports. The Goldman Sachs Group restated a "buy" rating on shares of Alphabet in a research report on Wednesday, February 5th. KeyCorp reduced their target price on shares of Alphabet from $202.00 to $185.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. Scotiabank lowered their price target on shares of Alphabet from $232.00 to $200.00 and set a "sector outperform" rating on the stock in a report on Monday. Cantor Fitzgerald reiterated a "neutral" rating and issued a $171.00 price objective on shares of Alphabet in a research note on Friday. Finally, Rosenblatt Securities reissued a "neutral" rating on shares of Alphabet in a research report on Wednesday, March 19th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $203.94.

Alphabet Stock Performance

NASDAQ:GOOG traded up $2.38 during trading on Wednesday, reaching $163.85. The company's stock had a trading volume of 35,100,087 shares, compared to its average volume of 19,459,692. The firm has a market cap of $2.00 trillion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 1.34 and a beta of 1.04. Alphabet has a 12 month low of $142.66 and a 12 month high of $208.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.84 and a current ratio of 1.84. The firm has a 50 day moving average of $164.69 and a 200-day moving average of $177.17.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, topping analysts' consensus estimates of $2.04 by $0.77. The firm had revenue of $90.23 billion for the quarter, compared to the consensus estimate of $89.30 billion. Alphabet had a return on equity of 32.49% and a net margin of 28.60%.

Institutional Trading of Alphabet

Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank purchased a new position in Alphabet in the 4th quarter worth $5,166,070,000. GAMMA Investing LLC grew its stake in shares of Alphabet by 18,562.3% during the first quarter. GAMMA Investing LLC now owns 14,323,323 shares of the information services provider's stock valued at $2,237,733,000 after buying an additional 14,246,573 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Alphabet during the fourth quarter valued at about $1,551,533,000. Northern Trust Corp increased its holdings in shares of Alphabet by 16.1% in the fourth quarter. Northern Trust Corp now owns 57,098,042 shares of the information services provider's stock worth $10,873,751,000 after buying an additional 7,917,625 shares during the period. Finally, GQG Partners LLC lifted its stake in shares of Alphabet by 181,679.1% in the 4th quarter. GQG Partners LLC now owns 7,225,721 shares of the information services provider's stock valued at $1,376,066,000 after acquiring an additional 7,221,746 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.

Insider Activity

In other news, CAO Amie Thuener O'toole sold 1,340 shares of Alphabet stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $202.08, for a total transaction of $270,787.20. Following the completion of the sale, the chief accounting officer now directly owns 17,848 shares of the company's stock, valued at approximately $3,606,723.84. The trade was a 6.98 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $158.56, for a total value of $5,153,200.00. Following the completion of the transaction, the chief executive officer now directly owns 2,717,696 shares in the company, valued at approximately $430,917,877.76. This represents a 1.18 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 148,163 shares of company stock worth $25,361,647. 12.99% of the stock is currently owned by insiders.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend was Monday, March 10th. Alphabet's dividend payout ratio (DPR) is presently 9.94%.

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.