Analyst Ratings for Alphabet Inc. Cl A (GOOGL)

Updated: 2017-07-27

Alphabet Inc. Cl A (NASDAQ:GOOGL) was awarded an average rating of Buy from investment analysts following the stock. Last month, GOOGL received an average rating of Buy.

Of the 44 analysts covering the stock, 34 gave it a buy rating, 4 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for GOOGL. The most optimistic analyst gave a price target of 1220, implying a possible profit of 27.8 percent. The most pessimistic analyst gave a price target of 725, implying a possible loss of -24.05 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.94 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.45 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -9.84 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -7.41 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 7 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 14 analysts decreased their estimates.

Analysts estimate earnings of GOOGL to grow at a rate of 11.71 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. GOOGL has a PEG ratio of 2.98.

In the last 52-weeks, GOOGL has achieved a high of 1008.61 and a low of 743.59. Today's price is 28.38 percent above the 52-week low, and 5.35 percent below the high. GOOGL has a P/E ratio of 34.91. Investors typically compare the P/E ratio to a company's peers in the industry. The GOOGL value stock report compares GOOGL to some of its peers using value stock charts. The stock has a market capitalization of $661.6 billion. GOOGL's next earnings release will be on 0000-00-00, which is days away.