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.

GOOGL was given price targets by several analysts. The highest price target was 1220, implying potential capital gains of 27.8 percent. The lowest price target was 725, which equates to a potential downside of -24.05 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.94 percent on average, compared to last month. That number becomes 1.45 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

People are often interested in whether analysts were united in the direction of their 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 14 analysts made negative revisions to their fiscal year's estimates.

GOOGL has an estimated earnings growth rate of 11.71 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of GOOGL is 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 lower than its 52-week high. GOOGL has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.