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Alphabet Inc (GOOGL) Analysts See $8.43 EPS

13 October 2017

(GOOGL). Trading was heavy with 1,814,999 shares changing hands by the end of trading on Monday. Odey Holdings AG now owns 130 shares of the information services provider's stock valued at $121,000 after buying an additional 20 shares during the period. LLC boosted its stake in shares of Alphabet by 1.1% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 422 shares of the information services provider's stock valued at $392,000 after buying an additional 3 shares in the last quarter. St. Johns Investment Management Company LLC now owns 172 shares of the information services provider's stock worth $156,000 after acquiring an additional 157 shares during the last quarter. Jag Capital Management Llc acquired 32,899 shares as Illumina Inc (ILMN)'s stock rose 8.35%. InterOcean Capital LLC boosted its stake in shares of Alphabet by 0.3% in the fourth quarter.

Here are a few institutional investors who have updated their positions. Curbstone Financial Management Corp raised its holdings in shares of Alphabet by 100.0% in the 3rd quarter. If you are reading this article on another publication, it was stolen and reposted in violation of U.S. & global copyright and trademark laws.

Shares of Alphabet Inc. It is up 33.46% since October 13, 2016 and is uptrending. (NASDAQ:GOOGL) Earnings Growing Rapidly?

Keeping an eyeball on Moving Averages, the 50-day is 953.18; the 200-day is at 940.96, for Alphabet Inc. The firm has a market capitalization of $696.79 billion, a PE ratio of 36.45 and a beta of 0.96.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Monday, July 24th. The information services provider reported $5.01 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $4.43 by $0.58. Return on assets is 11.40% and Return on equity (ROE) is 13.70% while it's Return on Investment (ROI) of 13.30%. The company had revenue of $20.92 billion for the quarter, compared to analyst estimates of $20.83 billion. They expect $8.43 EPS, up 16.28% or $1.18 from last year's $7.25 per share.

GOOG's revenue has declined at an average annualized rate of about 0% during the past five years.

Alphabet Inc.'s ROA is 0%, while industry's average is 4.46%. Traders purchased 1,339 put options on the company. The total value of its holdings decreased 5.1%. The disclosure for this sale can be found here. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. This activity has been headed largely by Antonio Lee, a beneficial owner (10%) of the company.

Several brokerages have recently issued reports on GOOG. Jefferies Group LLC reiterated a "buy" rating and set a $1,200.00 price target on shares of Alphabet in a research note on Tuesday, July 4th. Citigroup maintained the shares of GOOG in report on Tuesday, January 3 with "Buy" rating. SunTrust Banks, Inc. assumed coverage on shares of Alphabet in a research note on Wednesday, August 16th. The rating was maintained by Oppenheimer on Saturday, August 8 with "Buy". UBS maintained the stock with "Buy" rating in Friday, September 8 report. S&P Research maintained the stock with "Hold" rating in Tuesday, August 11 report. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and forty have assigned a buy rating to the company.

On July 25 Deutsche Bank made no change to the stock rating of "Buy" and lowered the price expectation to $1.00 from $1.00. Pure Financial Advisors Inc. boosted its holdings in shares of Alphabet by 0.4% in the 2nd quarter. The Company's businesses include Google Inc. and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The company has market cap of $691.06 billion. The Other Bets segment is involved in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily.

Alphabet Inc (GOOGL) Analysts See $8.43 EPS