GOOGL Stock: Alphabet Inc. Q116 Earnings Whisper

All eyes will be on GOOGL stock after today’s close. Wall Street analysts are on average expecting Alphabet Inc (GOOGL) to post $20.37 billion in sales during the quarter. This would show a 4.50% decline from the Q415 revenue of $21.33 billion, and an increase of 32.10% from the same period in Q115. EPS in Q116 are expected to come in at $7.96, a growth rate of 21.16% from $6.57 per share a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $8.02 per share.

As a quick reminder, Google reported Q415 EPS of $8.67, $0.59 better than the Street’s consensus estimate. Revenue increased 47.10% YoY to $21.33 billion versus the $20.77 billion consensus.

Google Stock Share Performance

Alphabet gained $0.60 to $775.52 in morning trading today, putting the company’s value at 524.80 billion. Shares have traded between $771.55 and $781.68 with the price of the stock fluctuating between $532.24 to $810.35 over the last 52 weeks. Approximately 500K shares have already changed hands, compared to the stock’s average daily volume of 2.36M shares.

On valuation-measures, shares of Alphabet have a trailing-12 and forward P/E of 32.87 and 19.13, respectively. P/E to growth ratio is 1.39, while t-12 profit margin is 21.80%. EPS registers at 23.59. The search giant has a market cap of $533.81 billion and a median Street price target of $916.00 with a high target of $1,080.00.

On trading-measure, GOOGL has a beta of 0.91 and a short float of 3.5 million. In the past 52 weeks, shares of Mountain View, California-based company have traded between a low of $532.24 and a high of $810.35 with its 50-day MA and 200-day MA located at $755.89 and $742.73 levels, respectively.

Alphabet currently prints a one year return of about 43% and a year-to-date loss of less than one percent.

googl stock

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.