Large-cap technology company Alphabet has moved 1.8% this afternoon, reaching $140.39 per share. In contrast, the average analyst target price for the stock is $135.34.
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company is based in the United States.
What to Consider if You Are Thinking of Buying Alphabet:
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Alphabet has moved 34.0% over the last year.
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GOOG has a forward P/E ratio of 22.3 based on its EPS guidance of 6.29.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 31.9%.
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The company has a price to earnings growth (PEG) ratio of 1.43.
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Its Price to Book (P/B) ratio is 6.64
Alphabet Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-03 | 91,495,000 | -31,485,000 | 122,980,000 | 5.75 |
| 2022-02-02 | 91,652,000 | -24,640,000 | 116,292,000 | 33.05 |
| 2021-02-03 | 65,124,000 | -22,281,000 | 87,405,000 | 11.96 |
| 2020-02-04 | 54,520,000 | -23,548,000 | 78,068,000 | 6.78 |
| 2019-02-06 | 47,971,000 | -25,139,000 | 73,110,000 | 45.71 |
| 2018-02-06 | 37,091,000 | -13,085,000 | 50,176,000 |
Alphabet's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $88.01 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.
