Large-cap Technology company Alphabet has moved 9.8% so far today on a volume of 46,756,197, compared to its average of 23,198,541. In contrast, the S&P 500 index moved 1.0%.
Alphabet trades 4.91% away from its average analyst target price of $165.29 per share. The 11 analysts following the stock have set target prices ranging from $145.0 to $185.0, and on average have given Alphabet a rating of buy.
Anyone interested in buying GOOG should be aware of the facts below:
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Alphabet's current price is 223.8% above its Graham number of $53.55, which implies that at its current valuation it does not offer a margin of safety
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Alphabet has moved 46.0% over the last year, and the S&P 500 logged a change of 21.1%
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Based on its trailing earnings per share of 5.8, Alphabet has a trailing 12 month Price to Earnings (P/E) ratio of 29.9 while the S&P 500 average is None
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GOOG has a forward P/E ratio of 22.1 based on its forward 12 month price to earnings (EPS) of $7.85 per share
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The company has a price to earnings growth (PEG) ratio of 1.21 — a number near or below 1 signifying that Alphabet is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 7.35 compared to its sector average of None
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Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
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Based in Mountain View, the company has 182,502 full time employees and a market cap of $2.14 Trillion.