News stories about Alphabet (NASDAQ:GOOGL) have been trending very negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alphabet earned a media sentiment score of -3.52 on their scale. InfoTrie also assigned news stories about the information services provider an news buzz score of 1 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Alphabet’s analysis:
- Alphabet expects to complete probe of sexual misconduct claims by next month (news.yahoo.com)
- UPDATE 2-Alphabet features self-driving garbage cans, apartment noise monitors in Toronto smart city project – Yahoo Finance (finance.yahoo.com)
- Alphabet (NASDAQ:GOOGL) Earning Very Critical Media Coverage, Study Shows (americanbankingnews.com)
- Supreme Court to Consider Google Appeal of Oracle Win in Copyright Case (wsj.com)
Alphabet stock opened at $1,333.54 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.75 and a current ratio of 3.78. Alphabet has a 52-week low of $977.66 and a 52-week high of $1,333.54. The firm has a 50 day moving average price of $1,250.67 and a two-hundred day moving average price of $1,182.72. The firm has a market cap of $902.90 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 1.60 and a beta of 1.01.
A number of research analysts recently issued reports on the stock. Pivotal Research reiterated a “hold” rating and issued a $1,445.00 price objective on shares of Alphabet in a report on Tuesday, October 29th. Credit Suisse Group reiterated an “outperform” rating and issued a $1,700.00 price objective (up previously from $1,500.00) on shares of Alphabet in a report on Wednesday, October 23rd. They noted that the move was a valuation call. MKM Partners reiterated a “buy” rating and issued a $1,450.00 price objective on shares of Alphabet in a report on Friday, August 2nd. Morgan Stanley raised their price objective on shares of Alphabet from $1,400.00 to $1,450.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Finally, Bank of America reiterated a “buy” rating and issued a $1,450.00 price objective on shares of Alphabet in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $1,411.81.
Alphabet Company Profile
Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.
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