Cantor Fitzgerald Weighs in on Alphabet FY2025 Earnings

Alphabet Inc. (NASDAQ:GOOG) – Research analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Alphabet in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan expects that the information services provider will post earnings of $9.05 per share for the year. The consensus estimate for Alphabet’s current full-year earnings is $8.03 per share.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. The company had revenue of $88.27 billion during the quarter, compared to analysts’ expectations of $86.39 billion. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. The business’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 earnings per share.

Other equities research analysts also recently issued research reports about the stock. Pivotal Research raised their price objective on shares of Alphabet from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. upped their price objective on shares of Alphabet from $208.00 to $212.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Scotiabank began coverage on Alphabet in a research note on Friday, October 11th. They set a “sector outperform” rating and a $212.00 price target on the stock. Barclays raised their price objective on Alphabet from $200.00 to $220.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Finally, Citigroup boosted their price objective on Alphabet from $212.00 to $216.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Six equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and a consensus price target of $200.56.

Alphabet Stock Performance

GOOG opened at $199.63 on Wednesday. Alphabet has a 12-month low of $131.55 and a 12-month high of $203.84. The firm has a market capitalization of $2.44 trillion, a P/E ratio of 26.48, a price-to-earnings-growth ratio of 1.25 and a beta of 0.99. The stock’s 50 day moving average price is $186.23 and its two-hundred day moving average price is $174.83. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 9th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Monday, December 9th. Alphabet’s payout ratio is presently 10.61%.

Insider Activity

In other news, Director Kavitark Ram Shriram sold 10,500 shares of the business’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $180.78, for a total transaction of $1,898,190.00. Following the completion of the sale, the director now owns 330,466 shares in the company, valued at $59,741,643.48. The trade was a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sundar Pichai sold 22,500 shares of Alphabet stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $177.36, for a total value of $3,990,600.00. Following the completion of the sale, the chief executive officer now owns 2,084,306 shares of the company’s stock, valued at approximately $369,672,512.16. The trade was a 1.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 133,387 shares of company stock worth $24,368,654. 12.99% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alphabet

Large investors have recently bought and sold shares of the business. Granite Group Advisors LLC grew its stake in Alphabet by 6.2% in the fourth quarter. Granite Group Advisors LLC now owns 1,773 shares of the information services provider’s stock valued at $338,000 after acquiring an additional 103 shares during the period. Legacy Financial Group LLC acquired a new position in shares of Alphabet in the 4th quarter valued at approximately $273,000. Bryant Woods Investment Advisors LLC bought a new stake in Alphabet during the 4th quarter worth approximately $249,000. TI Trust Inc. raised its holdings in Alphabet by 1.4% during the 4th quarter. TI Trust Inc. now owns 4,305 shares of the information services provider’s stock worth $820,000 after buying an additional 60 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Alphabet by 5.2% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 100,229 shares of the information services provider’s stock valued at $19,088,000 after buying an additional 4,991 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Company Profile

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.