Wedbush Brokers Decrease Earnings Estimates for Alphabet

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Alphabet Inc. (NASDAQ:GOOGL – Free Report) – Stock analysts at Wedbush reduced their Q1 2025 earnings estimates for Alphabet in a research report issued on Tuesday, April 15th. Wedbush analyst S. Devitt now forecasts that the information services provider will post earnings per share of $2.03 for the quarter, down from their previous forecast of [...]

Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) – Stock analysts at Wedbush reduced their Q1 2025 earnings estimates for Alphabet in a research report issued on Tuesday, April 15th. Wedbush analyst S.

Devitt now forecasts that the information services provider will post earnings per share of $2.03 for the quarter, down from their previous forecast of $2.04.



Wedbush has a “Outperform” rating and a $190.00 price objective on the stock. The consensus estimate for Alphabet’s current full-year earnings is $8.

90 per share. Wedbush also issued estimates for Alphabet’s Q3 2025 earnings at $2.09 EPS, Q4 2025 earnings at $2.

25 EPS, FY2025 earnings at $8.33 EPS and FY2026 earnings at $9.68 EPS.

Alphabet ( NASDAQ:GOOGL – Get Free Report ) last released its quarterly earnings results on Tuesday, February 4th. The information services provider reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.

12 by $0.03. Alphabet had a return on equity of 32.

49% and a net margin of 28.60%. Check Out Our Latest Analysis on GOOGL Alphabet Stock Performance Shares of GOOGL stock opened at $151.

08 on Thursday. The company’s fifty day moving average price is $165.14 and its 200-day moving average price is $175.

77. The stock has a market cap of $1.84 trillion, a PE ratio of 18.

77, a price-to-earnings-growth ratio of 1.34 and a beta of 1.03.

The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.

03. Alphabet has a 12 month low of $140.53 and a 12 month high of $207.

05. Alphabet Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were given a dividend of $0.

20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.

53%. The ex-dividend date was Monday, March 10th. Alphabet’s dividend payout ratio is currently 9.

94%. Insider Activity at Alphabet In related news, CAO Amie Thuener O’toole sold 1,340 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $202.

08, for a total value of $270,787.20. Following the sale, the chief accounting officer now directly owns 17,848 shares in the company, valued at approximately $3,606,723.

84. The trade was a 6.98 % decrease in their ownership of the stock.

The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, insider John Kent Walker sold 17,690 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $185.

51, for a total value of $3,281,671.90. Following the sale, the insider now directly owns 43,111 shares in the company, valued at $7,997,521.

61. This trade represents a 29.09 % decrease in their ownership of the stock.

The disclosure for this sale can be found here . In the last 90 days, insiders have sold 148,163 shares of company stock valued at $25,361,647. 11.

55% of the stock is owned by company insiders. Hedge Funds Weigh In On Alphabet A number of institutional investors and hedge funds have recently made changes to their positions in the business. Compass Planning Associates Inc bought a new stake in Alphabet during the fourth quarter worth approximately $30,000.

E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Alphabet by 518.

8% in the 4th quarter. E Fund Management Hong Kong Co. Ltd.

now owns 198 shares of the information services provider’s stock worth $37,000 after purchasing an additional 166 shares during the period. Fiduciary Advisors Inc. bought a new position in shares of Alphabet during the 4th quarter valued at approximately $39,000.

PayPay Securities Corp raised its holdings in Alphabet by 36.1% during the 4th quarter. PayPay Securities Corp now owns 245 shares of the information services provider’s stock valued at $46,000 after buying an additional 65 shares during the period.

Finally, Denver PWM LLC lifted its position in Alphabet by 25.4% in the third quarter. Denver PWM LLC now owns 281 shares of the information services provider’s stock worth $47,000 after buying an additional 57 shares during the last quarter.

40.03% of the stock is owned by hedge funds and other institutional investors. Alphabet Company Profile ( Get Free Report ) 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. See Also 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.

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