The VP of GOOG, Sergey Brin, has already sold around 3,389 shares of the company stocks in a 7th May transaction. According to reports, the stocks were sold at an average price of $91.87, with the total valuation coming to $311,347.
The Quarterly Report Of GOOG
The stocks of GOOG traded on Friday at $2,636. The moving average price of the company over a period of 50 days has been $2.475.82. The market cap of the company is $1.77 trillion, with a 35.10 PE ratio along with a 1.63 PEG ratio. The debt-to-equity ratio of the company is 0.06, with a 3.09 quick ratio and a 3.10 current ratio. The year low of the company is $1,406.55, with the year high of the company standing at $2,659.92.
GOOG previously announced the quarterly earnings on the 26th of April. The EPS reported by the company during this period was $26.29, which was more than the consensus estimate of $15.74. The revenue generated by the company during this period was $55.30 billion, which was more than the consensus estimate of $51.40 billion. The net margin of the company has been 26.11%, with a 23.54% return on equity.
There have been quite a few research equities that have commented on the stocks of GOOG. JPMorgan Chase & Co has already put up a rating of buy on the stocks in a 28th April research report. Cowen has also increased the price target of the company from $2,600 to $2,700 with a rating of outperform in a 28th April research report.
KGI Securities has also increased the rating of the company to outperform in a 2nd June research report. Mizuho increased the price target of the company from $2,350 to $2,600 with a rating of buy in a 19th April research report. In the end, Evercore ISI put up a rating of outperform GOOG with a price target of $2,525 in a 13th April research report.