GOOGL

Alphabet Inc

TMT


Presented:02/05/2018
Price:$53.12
Cap:$737.94B
Current Price:$165.46
Cap:$2,036.81B

Presented

Date02/05/2018
Price$53.12
Market Cap$737.94B
Ent Value$589.04B
P/E Ratio59.15x
Book Value$11.00
Div Yield0%
Shares O/S13,892.08M
Ave Daily Vol32,364,060
Short Int0.92%

Current

Price$165.46
Market Cap$2,036.81B
Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play as well as hardware products, such as Chromecast, Chromebooks and Nexus. The Other Bets segment includes businesses such as Access or Google Fiber, Calico, Nest, Verily, GV, Google Capital, X, and other initiatives. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

Please note, Alphabet Inc. (GOOGL) reverse split on 07/18/2022 at a ratio of 20:1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $1,062.39.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Apple Inc (AAPL)

Highlights

The presenter is long shares of Alphabet (GOOGL), expecting continued revenue growth from advertising and consequently improving operating margins. He believes traffic acquisition costs (TAC) and operating expenses came in optically high on Q4 2017 results, but thinks there are reasons to believe both are set to decline over the next few quarters. The presenter targets $1300 for GOOGL shares in a year, on the basis of 25x $52.00 in 2019 earnings.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.