News articles about Alphabet (NASDAQ:GOOG) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Alphabet earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the information services provider an impact score of 46.3998224164997 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Alphabet Inc Looks Wimpish Heading Into 2018 (investorplace.com)
- Google launching AI center in China – Seeking Alpha (seekingalpha.com)
- T-Mobile announces acquisition of Layer3 TV, says it plans to launch ‘disruptive new TV service’ in 2018 (finance.yahoo.com)
- Alphabet’s DeepMind Is Using Games to Discover If Artificial Intelligence Can Break Free and Kill Us All (finance.yahoo.com)
- A Key Analysis of Alphabet Stock (finance.yahoo.com)
Alphabet (GOOG) traded up $0.13 during trading hours on Wednesday, reaching $1,040.61. 1,219,649 shares of the company traded hands, compared to its average volume of 1,485,292. The company has a market capitalization of $727,230.00, a PE ratio of 34.85 and a beta of 0.94. Alphabet has a twelve month low of $770.41 and a twelve month high of $1,062.38. The company has a current ratio of 5.77, a quick ratio of 5.73 and a debt-to-equity ratio of 0.03.
A number of brokerages have recently issued reports on GOOG. SunTrust Banks began coverage on shares of Alphabet in a report on Wednesday, August 16th. They issued a “buy” rating and a $1,100.00 price target on the stock. BidaskClub raised shares of Alphabet from a “hold” rating to a “buy” rating in a report on Tuesday. Robert W. Baird reissued an “outperform” rating and issued a $1,100.00 price target on shares of Alphabet in a report on Saturday, September 23rd. JMP Securities reissued a “buy” rating on shares of Alphabet in a report on Friday, October 27th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirty-eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $1,047.45.
In other Alphabet news, VP James Grier Campbell sold 183 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $959.26, for a total transaction of $175,544.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 4,000 shares of the firm’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $958.40, for a total value of $3,833,600.00. The disclosure for this sale can be found here. Insiders have sold 36,900 shares of company stock valued at $36,837,100 in the last three months. Insiders own 13.92% of the company’s stock.
Alphabet Company Profile
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.
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.