News stories about Alphabet (NASDAQ:GOOGL) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alphabet earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news headlines about the information services provider an impact score of 44.5096958536549 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- The Secret Meaning of FANG (finance.yahoo.com)
- Alphabet Inc (GOOGL) Facing the Greatest Regulatory Risk Among Large Cap Stocks: Top Analyst (smarteranalyst.com)
- Ahead of iPhone Launch, Apple a Better Stock than Alphabet? (nasdaq.com)
- Vuzix CEO Travers: Apple Knows Smartglasses are Where A.R. Is at (finance.yahoo.com)
- Apple Makes a Bigger Push Into Augmented Reality With iPhone 8, iPhone X (finance.yahoo.com)
Shares of Alphabet (NASDAQ:GOOGL) traded up 0.15% during mid-day trading on Wednesday, reaching $948.06. 796,664 shares of the company were exchanged. The firm has a market capitalization of $656.89 billion, a price-to-earnings ratio of 34.36 and a beta of 0.98. Alphabet has a 12 month low of $743.59 and a 12 month high of $1,008.61. The company’s 50-day moving average is $942.30 and its 200 day moving average is $925.56.
Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Monday, July 24th. The information services provider reported $5.01 earnings per share for the quarter, missing the consensus estimate of $8.25 by ($3.24). Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The business had revenue of $20.92 billion during the quarter, compared to the consensus estimate of $20.83 billion. During the same period in the prior year, the company posted $8.42 earnings per share. Analysts predict that Alphabet will post $30.59 EPS for the current year.
Several research analysts recently issued reports on GOOGL shares. UBS AG reissued a “buy” rating and set a $1,080.00 target price on shares of Alphabet in a report on Friday, September 8th. Zacks Investment Research cut shares of Alphabet from a “hold” rating to a “sell” rating in a report on Monday, July 17th. Credit Suisse Group reissued an “outperform” rating on shares of Alphabet in a report on Friday, June 30th. SunTrust Banks, Inc. started coverage on shares of Alphabet in a report on Tuesday, August 15th. They set a “buy” rating and a $1,100.00 target price for the company. Finally, Piper Jaffray Companies reissued an “overweight” rating and set a $1,050.00 target price on shares of Alphabet in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $1,053.45.
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Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.
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