Alphabet Inc. (NASDAQ:GOOGL - Free Report) - Research analysts at Roth Capital lowered their Q1 2025 earnings per share (EPS) estimates for shares of Alphabet in a note issued to investors on Tuesday, January 21st. Roth Capital analyst R. Kulkarni now expects 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 EPS for the quarter, beating the consensus estimate of $1.83 by $0.29. The company had revenue of $88.27 billion for the quarter, compared to the consensus estimate of $72.85 billion. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. During the same quarter in the previous year, the company earned $1.55 EPS.
Several other brokerages have also issued reports on GOOGL. Evercore ISI upped their price target on Alphabet from $200.00 to $205.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Bank of America reiterated a "buy" rating and set a $210.00 price objective on shares of Alphabet in a report on Monday, December 23rd. Wolfe Research upped their price target on shares of Alphabet from $220.00 to $230.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. China Renaissance raised shares of Alphabet from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $210.00 price target on shares of Alphabet in a report on Thursday, December 12th. Nine research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $208.67.
Check Out Our Latest Stock Analysis on GOOGL
Alphabet Price Performance
Alphabet stock traded up $0.32 on Wednesday, reaching $198.37. The company's stock had a trading volume of 26,169,027 shares, compared to its average volume of 23,769,740. The business's fifty day moving average price is $185.07 and its 200 day moving average price is $173.38. 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 company has a market cap of $2.43 trillion, a price-to-earnings ratio of 26.31, a PEG ratio of 1.26 and a beta of 0.98. Alphabet has a twelve month low of $130.66 and a twelve month high of $202.29.
Institutional Trading of Alphabet
Institutional investors and hedge funds have recently modified their holdings of the business. International Assets Investment Management LLC lifted its position in shares of Alphabet by 43,005.6% during the 3rd quarter. International Assets Investment Management LLC now owns 18,743,594 shares of the information services provider's stock valued at $31,086,250,000 after buying an additional 18,700,111 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Alphabet by 587.4% during the third quarter. SG Americas Securities LLC now owns 10,690,326 shares of the information services provider's stock valued at $1,772,991,000 after purchasing an additional 9,135,056 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Alphabet by 116.4% during the third quarter. Assenagon Asset Management S.A. now owns 8,670,225 shares of the information services provider's stock worth $1,437,957,000 after purchasing an additional 4,662,809 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Alphabet by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 63,667,407 shares of the information services provider's stock worth $10,559,240,000 after purchasing an additional 4,567,275 shares in the last quarter. Finally, Wulff Hansen & CO. raised its position in shares of Alphabet by 18,810.2% in the second quarter. Wulff Hansen & CO. now owns 4,434,260 shares of the information services provider's stock valued at $807,700,000 after purchasing an additional 4,410,811 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Alphabet
In other news, Director Kavitark Ram Shriram sold 10,500 shares of Alphabet stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $180.78, for a total transaction of $1,898,190.00. Following the completion of the transaction, the director now directly owns 330,466 shares in the company, valued at $59,741,643.48. This trade represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Amie Thuener O'toole sold 2,834 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $197.55, for a total value of $559,856.70. Following the completion of the sale, the chief accounting officer now directly owns 20,681 shares of the company's stock, valued at approximately $4,085,531.55. This trade represents a 12.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 133,387 shares of company stock worth $24,368,654 over the last quarter. Company insiders own 11.55% of the company's stock.
Alphabet Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 9th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.40%. Alphabet's dividend payout ratio (DPR) is currently 10.61%.
About Alphabet
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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.
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