News stories about Alphabet (NASDAQ:GOOGL) have trended somewhat positive on Saturday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alphabet earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news headlines about the information services provider an impact score of 44.931461932985 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
Alphabet (NASDAQ:GOOGL) traded up $14.53 during mid-day trading on Friday, hitting $1,110.29. 1,493,389 shares of the company were exchanged, compared to its average volume of 1,520,000. Alphabet has a 1 year low of $811.50 and a 1 year high of $1,113.58. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.73 and a current ratio of 5.77. The stock has a market capitalization of $778,810.00, a price-to-earnings ratio of 36.99, a PEG ratio of 1.43 and a beta of 0.90.
Alphabet (NASDAQ:GOOGL) last posted its earnings results on Thursday, October 26th. The information services provider reported $9.57 earnings per share for the quarter, beating analysts’ consensus estimates of $8.43 by $1.14. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The firm had revenue of $22.27 billion during the quarter, compared to analyst estimates of $21.94 billion. During the same period last year, the firm posted $9.06 earnings per share. research analysts anticipate that Alphabet will post 32.34 EPS for the current fiscal year.
GOOGL has been the topic of several recent research reports. Stifel Nicolaus reiterated a “buy” rating and issued a $1,075.00 price objective on shares of Alphabet in a research note on Monday, September 25th. UBS Group restated a “buy” rating and set a $1,080.00 target price on shares of Alphabet in a research note on Friday, September 8th. Jefferies Group restated a “buy” rating and set a $1,200.00 target price on shares of Alphabet in a research note on Tuesday, October 10th. They noted that the move was a valuation call. Mizuho restated a “buy” rating on shares of Alphabet in a research note on Tuesday, October 17th. Finally, Vetr cut shares of Alphabet from a “buy” rating to a “hold” rating and set a $1,007.29 target price on the stock. in a research note on Friday, October 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating, forty have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $1,096.47.
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Alphabet Company Profile
Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.
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