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Roth Capital Issues Negative Forecast for Alphabet Earnings

Alphabet logo with Computer and Technology background

Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Stock analysts at Roth Capital dropped their Q1 2025 earnings estimates for shares of Alphabet in a research report issued on Tuesday, January 21st. Roth Capital analyst R. Kulkarni now anticipates that the information services provider will earn $2.30 per share for the quarter, down from their previous forecast of $2.31. The consensus estimate for Alphabet's current full-year earnings is $8.03 per share. Roth Capital also issued estimates for Alphabet's Q2 2025 earnings at $2.42 EPS, Q3 2025 earnings at $2.53 EPS, Q4 2025 earnings at $2.88 EPS and FY2025 earnings at $10.14 EPS.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, topping 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 business had revenue of $88.27 billion during the quarter, compared to analysts' expectations of $72.85 billion. During the same period in the prior year, the business earned $1.55 EPS.

A number of other research analysts also recently weighed in on the stock. Roth Mkm upped their price objective on shares of Alphabet from $206.00 to $212.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Wedbush increased their price target on Alphabet from $210.00 to $220.00 and gave the stock an "outperform" rating in a research report on Monday, January 6th. Needham & Company LLC restated a "buy" rating and issued a $210.00 price objective on shares of Alphabet in a research report on Wednesday, October 30th. Pivotal Research increased their target price on Alphabet from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. Finally, Tigress Financial lifted their target price on shares of Alphabet from $210.00 to $220.00 and gave the company a "strong-buy" rating in a research report on Thursday, September 26th. 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 stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $208.67.

View Our Latest Stock Analysis on Alphabet

Alphabet Stock Performance

NASDAQ:GOOGL traded up $1.54 during midday trading on Wednesday, hitting $199.91. The company's stock had a trading volume of 6,724,423 shares, compared to its average volume of 22,501,395. Alphabet has a fifty-two week low of $130.66 and a fifty-two week high of $202.29. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.95 and a quick ratio of 1.95. The firm has a market cap of $2.45 trillion, a P/E ratio of 26.51, a P/E/G ratio of 1.27 and a beta of 0.98. The firm's 50 day moving average is $185.46 and its 200-day moving average is $173.55.

Alphabet Announces Dividend

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

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 22,500 shares of the firm's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $177.36, for a total value of $3,990,600.00. Following the transaction, the chief executive officer now directly owns 2,084,306 shares in the company, valued at approximately $369,672,512.16. This trade represents a 1.07 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Amie Thuener O'toole sold 1,367 shares of Alphabet stock in a transaction that occurred on 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 transaction, the chief accounting officer now 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 133,387 shares of company stock worth $24,368,654. Insiders own 11.55% of the company's stock.

Hedge Funds Weigh In On Alphabet

Several institutional investors have recently modified their holdings of the company. Bennett Selby Investments LP increased its position in Alphabet by 4.0% in the fourth quarter. Bennett Selby Investments LP now owns 1,354 shares of the information services provider's stock worth $256,000 after purchasing an additional 52 shares during the last quarter. Conrad Siegel Investment Advisors Inc. increased its position in shares of Alphabet by 0.5% during the fourth quarter. Conrad Siegel Investment Advisors Inc. now owns 9,845 shares of the information services provider's stock worth $1,864,000 after acquiring an additional 53 shares during the period. Denver PWM LLC raised its position in Alphabet by 25.4% during the 3rd quarter. Denver PWM LLC now owns 281 shares of the information services provider's stock valued at $47,000 after purchasing an additional 57 shares in the last quarter. Ignite Planners LLC raised its holdings in shares of Alphabet by 0.4% in the 4th quarter. Ignite Planners LLC now owns 15,078 shares of the information services provider's stock valued at $2,892,000 after purchasing an additional 57 shares in the last quarter. Finally, Fermata Advisors LLC lifted its stake in shares of Alphabet by 0.8% during the 4th quarter. Fermata Advisors LLC now owns 7,433 shares of the information services provider's stock worth $1,407,000 after purchasing an additional 57 shares during the last quarter. Institutional investors own 40.03% of the company's stock.

Alphabet Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Alphabet (NASDAQ:GOOGL)

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