Alphabet (GOOGL) Expected to Post Earnings on Tuesday

Alphabet (NASDAQ:GOOGL) is projected to issue its results after the market closes on Tuesday, July 21st. Analysts expect the company to post earnings of $2.87 per share and revenue of $116.5325 billion for the quarter.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. On average, analysts expect Alphabet to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Alphabet Price Performance

GOOGL stock opened at $359.51 on Wednesday. The stock has a market capitalization of $4.36 trillion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.51 and a beta of 1.24. The firm’s 50-day moving average price is $371.39 and its two-hundred day moving average price is $337.22. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet has a 12-month low of $180.48 and a 12-month high of $408.61.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, June 8th. This is a boost from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s payout ratio is 6.71%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is being highlighted by analysts and market commentators as a top large-cap or “monopoly” stock, with bullish takes pointing to its AI-enabled ad business, cloud exposure, and strong earnings outlook. Here’s Why Alphabet (GOOGL) Is One of the Best Monopoly Stocks to Buy According to Hedge Funds
• Positive Sentiment: Google DeepMind chief Demis Hassabis called for a U.S.-led AI standards body, reinforcing Alphabet’s leadership role in frontier AI development and potentially supporting long-term investor confidence. Google DeepMind chief Demis Hassabis calls for U.S. to spearhead AI standards body
• Positive Sentiment: INVIDI announced a collaboration with Google to expand addressable advertising on unconnected set-top boxes, a potentially incremental ad monetization opportunity for Alphabet. INVIDI Technologies Collaborates with Google to Integrate Google Ad Manager…
• Neutral Sentiment: Several reports say Alphabet continues to outperform the market and remains favored by growth investors, but these are mostly commentary pieces rather than new business developments. Alphabet Inc. (GOOG) Exceeds Market Returns: Some Facts to Consider
• Neutral Sentiment: Investors are also digesting broader optimism around Alphabet’s valuation, cash generation, and AI chip strategy, which supports the stock but does not appear to be the main driver of the move. Google Vs. Nvidia: The Hidden Silicon Advantage That Could Let Google Dethrone Nvidia
• Negative Sentiment: Alphabet is facing fresh antitrust scrutiny in Switzerland over the removal of the Android “choice screen,” adding to regulatory pressure on its search dominance. Google probed by Swiss regulator over Android default search feature
• Negative Sentiment: Google also faces a new class-action lawsuit from publishers and authors alleging improper use of copyrighted works to train Gemini, raising legal and potential cost risks. Google faces another AI training lawsuit from major publishers
• Negative Sentiment: UK and Swiss regulatory actions targeting Google Search and Android data portability also weigh on sentiment because they could weaken Alphabet’s search moat over time. Should UK Search Data Portability Rules For Google Reshape Alphabet’s Competitive Moat (GOOGL) Narrative?

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider directly owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This trade represents a 10.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Frances Arnold sold 112 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the sale, the director directly owned 18,833 shares in the company, valued at $6,615,656.24. The trade was a 0.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 159,415 shares of company stock valued at $7,672,279. Company insiders own 11.61% of the company’s stock.

Hedge Funds Weigh In On Alphabet

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Schnieders Capital Management LLC. increased its stake in Alphabet by 3.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 110,124 shares of the information services provider’s stock worth $19,407,000 after buying an additional 3,696 shares in the last quarter. United Bank lifted its position in shares of Alphabet by 6.9% in the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock valued at $8,495,000 after acquiring an additional 3,120 shares in the last quarter. Brighton Jones LLC lifted its position in shares of Alphabet by 3.9% in the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Alphabet by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after acquiring an additional 506 shares in the last quarter. Finally, Timmons Wealth Management LLC acquired a new stake in shares of Alphabet in the fourth quarter worth approximately $107,000. Institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on GOOGL shares. Rothschild & Co Redburn upped their price target on Alphabet from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. BMO Capital Markets increased their price objective on Alphabet from $410.00 to $435.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alphabet in a research report on Tuesday, April 28th. Wall Street Zen upgraded Alphabet from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 price target on shares of Alphabet in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $413.73.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.