Shares of Technology sector company Alphabet moved -1.8% today, and are now trading at a price of $149.18. The Large-Cap stock's daily volume was 18,571,075 compared to its average volume of 17,736,125. The S&P 500 index returned a 1.0% performance.
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 Mountain View and has 179,582 full time employees. Its market capitalization is $1,827,991,977,984. Alphabet currently offers its equity investors a dividend that yields 0.1% per year.
12 analysts are following Alphabet and have set target prices ranging from $145.0 to $220.0 per share. On average, they have given the company a rating of buy. At today's prices, GOOG is trading -25.63% away from its average analyst target price of $200.58 per share.
Over the last year, GOOG's share price has increased by 10.4%, which represents a difference of -10.1% when compared to the S&P 500. The stock's 52 week high is $193.31 per share whereas its 52 week low is $121.46. With average free cash flows of $48.86 Billion that have been growing at an average rate of 20.9% over the last 5 years, Alphabet is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 101,746,000 | 32,251,000 | 69,495,000 | 15.81 |
| 2022 | 91,495,000 | 31,485,000 | 60,010,000 | -10.45 |
| 2021 | 91,652,000 | 24,640,000 | 67,012,000 | 56.41 |
| 2020 | 65,124,000 | 22,281,000 | 42,843,000 | 38.33 |
| 2019 | 54,520,000 | 23,548,000 | 30,972,000 | 35.65 |
| 2018 | 47,971,000 | 25,139,000 | 22,832,000 |
