Media stories about Alphabet (NASDAQ:GOOGL) have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alphabet earned a coverage optimism score of -1.73 on their scale. InfoTrie also gave media headlines about the information services provider an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media stories that may have effected Alphabet’s ranking:
Alphabet stock opened at $1,342.89 on Wednesday. The stock has a 50-day moving average of $1,297.81 and a two-hundred day moving average of $1,199.21. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.75 and a current ratio of 3.78. Alphabet has a one year low of $977.66 and a one year high of $1,357.55. The stock has a market cap of $926.18 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 1.64 and a beta of 1.02.
Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Monday, October 28th. The information services provider reported $10.12 EPS for the quarter, missing analysts’ consensus estimates of $12.42 by ($2.30). Alphabet had a net margin of 21.04% and a return on equity of 18.34%. The business had revenue of $33.01 billion during the quarter, compared to analysts’ expectations of $32.84 billion. During the same quarter last year, the business posted $13.06 earnings per share. As a group, sell-side analysts predict that Alphabet will post 49.03 EPS for the current fiscal year.
Several equities analysts have commented on the company. Barclays reaffirmed a “buy” rating and issued a $1,400.00 price objective on shares of Alphabet in a research report on Tuesday, October 29th. Guggenheim cut their price objective on Alphabet from $1,525.00 to $1,460.00 and set a “buy” rating on the stock in a research report on Tuesday, October 29th. SunTrust Banks reaffirmed a “buy” rating and issued a $1,400.00 price objective on shares of Alphabet in a research report on Monday, October 28th. They noted that the move was a valuation call. Raymond James reaffirmed an “outperform” rating on shares of Alphabet in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group upped their price objective on Alphabet from $1,500.00 to $1,550.00 in a research report on Tuesday, October 29th. Six investment analysts have rated the stock with a hold rating and thirty-five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $1,420.81.
Alphabet Company Profile
Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.
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