Alphabet Class C Stock Today

GOOG Stock  USD 138.75  6.54  4.50%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Alphabet is trading at 138.75 as of the 26th of February 2024. This is a -4.5 percent down since the beginning of the trading day. The stock's lowest day price was 138.74. Alphabet has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Alphabet Class C are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of January 2024 and ending today, the 26th of February 2024. Please note, there could be an existing legal relationship between Alphabet Class C (GOOG) and Alphabet Class A (GOOGL). Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
19th of August 2004
Category
Communication Services
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. The company has 5.67 B outstanding shares of which 37.12 M shares are currently shorted by private and institutional investors with about 1.82 trading days to cover. More on Alphabet Class C

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Follow Valuation Odds of Bankruptcy
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Alphabet Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alphabet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alphabet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityGOOGL (Alphabet Class A)
CEOLarry Page
Thematic Ideas
Showing 3 out of 7 themes
Business ConcentrationInteractive Media & Services, Internet Content & Information, Communication Services, SP 500 Index, NASDAQ 100 Technology, SP 100 Index, SP 100, Nasdaq 100, ARCA Computer Technology, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Momentum, Blockchain, Adviser Favorites, Investor Favorites, Social Domain, Driverless Cars, Cash Cows, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Alphabet report their recommendations after researching Alphabet's financial statements, talking to executives and customers, or listening in on Alphabet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alphabet Class C. The Alphabet consensus assessment is calculated by taking the average forecast from all of the analysts covering Alphabet.
Alphabet Class C (GOOG) is traded on NASDAQ Exchange in USA and employs 182,502 people. Alphabet is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.8 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alphabet's market, we take the total number of its shares issued and multiply it by Alphabet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alphabet Class C conducts business under Interactive Media & Services sector and is part of Communication Services industry. The entity has 5.67 B outstanding shares of which 37.12 M shares are currently shorted by private and institutional investors with about 1.82 trading days to cover. Alphabet Class C currently holds about 116.26 B in cash with 101.75 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.98.
Check Alphabet Probability Of Bankruptcy
Ownership Allocation
Alphabet Class C retains a total of 5.67 Billion outstanding shares. Over half of Alphabet Class C outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Alphabet. Please watch out for any change in the institutional holdings of Alphabet Class C as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Alphabet Ownership Details

Alphabet Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Alphabet jumping above the current price in 90 days from now is about 70.19%. The Alphabet Class C probability density function shows the probability of Alphabet stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Alphabet has a beta of 0.4925. This usually indicates as returns on the market go up, Alphabet average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alphabet Class C will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0155, implying that it can generate a 0.0155 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 138.75HorizonTargetOdds Above 138.75
29.56%90 days
 138.75 
70.19%
Based on a normal probability distribution, the odds of Alphabet to move above the current price in 90 days from now is about 70.19 (This Alphabet Class C probability density function shows the probability of Alphabet Stock to fall within a particular range of prices over 90 days) .

Alphabet Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Alphabet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alphabet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alphabet's value.
InstituionRecorded OnShares
Bank Of New York Mellon Corp2023-09-30
49.6 M
Capital World Investors2023-12-31
44.8 M
Capital Research Global Investors2023-12-31
34.9 M
Legal & General Group Plc2023-09-30
34.3 M
Bank Of America Corp2023-09-30
34.2 M
Nuveen Asset Management, Llc2023-09-30
31.6 M
Dodge & Cox2023-12-31
31.2 M
Norges Bank2023-12-31
29.1 M
Hhg Plc2023-12-31
29 M
Vanguard Group Inc2023-09-30
410 M
Blackrock Inc2023-09-30
353 M
View Alphabet Diagnostics

Alphabet Class C Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Alphabet market risk premium is the additional return an investor will receive from holding Alphabet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alphabet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Alphabet's alpha and beta are two of the key measurements used to evaluate Alphabet's performance over the market, the standard measures of volatility play an important role as well.

Alphabet Stock Against Markets

Picking the right benchmark for Alphabet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alphabet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alphabet is critical whether you are bullish or bearish towards Alphabet Class C at a given time. Please also check how Alphabet's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alphabet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alphabet Corporate Directors

Alphabet corporate directors refer to members of an Alphabet board of directors. The board of directors generally takes responsibility for the Alphabet's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alphabet's board members must vote for the resolution. The Alphabet board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Paul OtelliniIndependent DirectorProfile
Shirley TilghmanIndependent DirectorProfile
Kavitark ShriramIndependent DirectorProfile
Alan MulallyDirectorProfile

How to buy Alphabet Stock?

Before investing in Alphabet, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alphabet. To buy Alphabet stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alphabet. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Alphabet stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Alphabet Class C stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Alphabet Class C stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alphabet Class C, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alphabet Stock please use our How to Invest in Alphabet guide.

Already Invested in Alphabet Class C?

The danger of trading Alphabet Class C is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alphabet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alphabet. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alphabet Class C is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Class C. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Alphabet Stock analysis

When running Alphabet's price analysis, check to measure Alphabet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.56
Earnings Share
5.8
Revenue Per Share
24.338
Quarterly Revenue Growth
0.135
Return On Assets
0.1437
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.