Alphabet stock: buy or sell?
February 26th, 2020
Alphabet Inc., through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services.
Should I buy Alphabet stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Alphabet stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Alphabet stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't find any rating for GOOG stock for the last month.
Alphabet stock analysis
After sliding for 4 sessions, Wednesday Alphabet inched a slightly good 0.34%, closing at $1,393.18.
After reaching all time highs on February/19, the Google parent Alphabet inched 0.34% to $1,393.18. On Feb/19, GOOG hit new all time highs, pushing higher previous ATH of $1,531.63 recorded on Feb/18. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Alphabet shares plummed -6.19% this week, ending at $1,393.18.
The support didn't resisted and GOOG sinked deeper. Possible next supports for GOOG stock are 1373.54, 1329.08 and 1270.21. Not so far away is the last price record the Internet giant marked last week. Early July GOOG price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Late April 2019, SMA20w and SMA40w crossed up triggering a rise of 9.51%.
Alphabet stock price history
Alphabet IPO was on August 19th, 2004 at $49.81 per share1. Since then, GOOG stock grew a 2,697.00%, with an average of 179.80% per year. If you had invested right after GOOG's IPO a $1,000 in Alphabet stock in 2004, it would worth $26,970.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Alphabet stock historical price chart
GOOG stock reached all-time highs on February/19 with a price of $1,532.11.
Alphabet stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' GOOG stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price target for Alphabet stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, when Alphabet published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Alphabet annual sales climbed an astounding 23.42% to $136,819.00 M USD from $110,855.00 marked in 2017. Similarly, its profit margin (compared to revenues) boosted to 22.46%, that is $30,736.00 million.
|2013||$59,730 M||-||$12,210 M20.4%||-|
|2014||$66,001 M||10.50%||$14,444 M21.9%||18.30%|
|2015||$74,989 M||13.62%||$16,348 M21.8%||13.18%|
|2016||$90,272 M||20.38%||$19,478 M21.6%||19.15%|
|2017||$110,855 M||22.80%||$12,662 M11.4%||-34.99%|
|2018||$136,819 M||23.42%||$30,736 M22.5%||142.74%|
Quarterly financial resultsAlphabet posted $39,276.00 M in sales for 2018-Q4, a 16.41% up compared to previous quarter. Reported quarter income marked $8,948.00 M with a profit margin of 22.78%. Profit margin slightly fell a -4.46% compared to previous quarter when profit margin was 27.24%. When comparing sales to same quarter last year, Alphabet sales marked an exceptional increase and skyrocketed a 21.51%. Looking back to recent quarterly results, Alphabet posted 3 negative quarters in a row.
|2017-Q2||$26,010 M||-||$3,520 M13.5%||-|
|2017-Q3||$27,772 M||6.77%||$6,732 M24.2%||91.25%|
|2017-Q4||$32,323 M||16.39%||$-3,020 M-9.3%||-144.86%|
|2018-Q1||$31,146 M||-3.64%||$9,401 M30.2%||-411.29%|
|2018-Q2||$32,657 M||4.85%||$3,195 M9.8%||-66.01%|
|2018-Q3||$33,740 M||3.32%||$9,192 M27.2%||187.70%|
|2018-Q4||$39,276 M||16.41%||$8,948 M22.8%||-2.65%|
|2019-Q1||$36,339 M||-7.48%||$6,657 M18.3%||-25.60%|
Alphabet ownershipWhen you are planning to invest in a company, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Alphabet, 5.66% of all outstanding shares are owned by its staff. Investopedia has a good article about the top 5 Alphabet shareholders.
In case of Alphabet stock, 70.70% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for GOOG stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Alphabet:
|Market cap||$476.6 B|
|Total shares||342.1 M|
|Float shares||617.9 M|
|- Institutional holdings (%)||70.7%|
|- Insider holdings (%)||5.7%|
|Shares in short selling||0.0%|
|Wednesday, February 26th, 2020|
|Day range||$1379.00 - $1415.70|
|Average true range||$29.94|
|50d mov avg||$1,430.61|
|100d mov avg||$1,355.45|
|200d mov avg||$1,256.15|
Alphabet performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Alphabet, the comparison is made against .
Alphabet competitorsUnfortunately, we could not find any public company that could be defined as Alphabet competitor. This doesn't mean Alphabet does not have any competitor in the market, it's just we could not detected it.
Latest Alphabet stock news
- InvestorPlaceAlphabet Stock Is Still Not Reaping the Benefits of the Company’s GrowthAugust 1, 2019
- InvestorPlaceAlphabet is Making Up for Google’s Lost Cloud DecadeAugust 1, 2019
- Seeking AlphaAnalysts Are Still Underestimating Alphabet After Beating EarningsJuly 31, 2019
- InvestorPlace3 Reasons to Trust Alphabet Stock Despite Its Huge RallyJuly 31, 2019
- InvestorPlaceAlphabet Isn’t Struggling, but Google Stock Has Topped out for NowJuly 30, 2019