Google Shares Outstanding and Alphabet's Dual Share Structure

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Google's dual share structure is a unique aspect of its corporate governance. Google's Class A and Class C shares have different voting rights, with Class A shares carrying 10 votes per share and Class C shares carrying 1 vote per share.

This dual share structure was established when Google's parent company, Alphabet, was formed in 2015. Alphabet created two classes of shares to give the founders and early investors more control over the company.

Alphabet's dual share structure is a result of the company's initial public offering (IPO) in 2004, when Google's founders, Larry Page and Sergey Brin, decided to create a new class of shares with limited voting rights. This allowed them to maintain control of the company while still offering shares to the public.

Google Stock Valuation

Alphabet, the parent company of Google, has a market cap of $2.26 trillion, with an enterprise value of $2.19 trillion.

The market cap has increased significantly since the beginning of 2020, when it stood at $985 billion.

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Google's market cap is the 3rd biggest in the US, just behind Apple and Microsoft.

Here are some key valuation ratios for Alphabet:

The PEG ratio is a good indicator of whether a stock is overvalued or undervalued, and a ratio of 1.24 suggests that Alphabet may be slightly overvalued.

Google's market cap has fluctuated significantly over the years, from $364 billion in 2015 to $1.87 trillion in the present day.

Suggestion: Operating Ratio

Google Stock Statistics

Google's stock price has increased by +28.23% in the last 52 weeks, a significant gain.

The beta of 0.99 indicates that Alphabet's price volatility has been similar to the market average.

Google's stock price has a 50-Day Moving Average of 189.60 and a 200-Day Moving Average of 174.76.

The Relative Strength Index (RSI) is 41.08, indicating a relatively low level of selling pressure.

The average volume of shares traded over the past 20 days is 30,049,911.

There are 317 million outstanding GOOG shares, with 0.03% held by insiders and 66% held by institutions.

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The number of shares shorted is 1.52 million, representing 0.23% of the shares outstanding.

There are 300 million outstanding GOOGL shares, with 0.15% held by insiders and 80% held by institutions.

The number of shares shorted in GOOGL is 2.03 million, representing 0.31% of the shares outstanding.

Here's a summary of Google's stock statistics:

Google Stock Share Information

There are 317 million outstanding GOOG shares. This is the total number of shares available for trading.

As of December 2021, 0.03% of these shares are held by insiders, while 66% are held by institutions. This means that institutions have a significant amount of influence over the company.

The number of shares shorted as of December 2021 stood at 1.52 million, which represents 0.23% of the shares outstanding. This is a relatively low percentage, indicating that investors are not betting heavily on a decline in the stock price.

Company Summary

Google is a household name, with over a billion active monthly users on its website. Google is famous for its search engine, as well as its other popular services like Gmail, Google Drive, and YouTube.

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The company was founded in 1998 by Larry Page and Sergey Brin. Today, Google is a subsidiary of Alphabet Inc., a holding company that was created in 2015 to give other group companies greater autonomy.

Google is the most famous subsidiary of Alphabet, but there are a few more notable companies under the Alphabet umbrella. These include Google Fiber, which offers high-speed internet, TV, and phone services, and Waymo, which is working on self-driving cars.

In 2021, Alphabet had 150,000 employees and its headquarters is located in the famous Googleplex building in Mountain View, California. Sundar Pichai is both the CEO of Google and Alphabet.

Alphabet is a company that has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, and healthcare providers. Google has a monopoly with more than 94% of the online search volume and market.

The company generates revenues primarily from performance and brand advertising, which accounted for 77.4% of the total revenues in 2023. Alphabet's total revenues were $307.4 billion in 2023, up 9% from 2022.

Here is a breakdown of Alphabet's revenue segments:

Alphabet also has a dominant position in the autonomous vehicles market, thanks to Waymo’s relentless efforts. In addition, it has bolstered its footprint in the healthcare industry with its life science division, Verily.

EPS Information

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The EPS (Earnings Per Share) information for Google is quite impressive. The current quarter EPS consensus estimate is 2.02.

This means that analysts expect Google to earn approximately $2.02 per share for the current quarter. The current year EPS consensus estimate is significantly higher at 8.91.

That's a big jump from the current quarter estimate, and it suggests that Google's earnings are expected to grow substantially in the coming year. The estimated long-term EPS growth rate is 15.50%.

This growth rate indicates that Google's earnings are expected to increase by 15.50% annually over the long term, which is a very healthy rate of growth. The expected earnings date for Google is April 24, 2025.

Here's a summary of the EPS information in a table:

Goog Stock Share Count

There are 317 million outstanding GOOG shares. This is a significant number, but it's worth noting that the number of shares shorted is relatively low, standing at 1.52 million as of December 2021.

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The majority of GOOG shares are held by institutions, accounting for 66% of the outstanding shares. This could indicate a stable and long-term focus from these investors.

In contrast, GOOGL shares have a different ownership structure, with 300 million outstanding shares held by institutions accounting for 80%. This suggests a slightly different dynamic between the two classes of shares.

Here's a breakdown of the ownership structure for both classes of shares:

The net cash position of Alphabet is significant, standing at $67.52 billion as of the latest balance sheet. This works out to $5.54 per share.

Google Stock Price

Google's stock price has increased by a significant +28.23% in the last 52 weeks, making it a notable investment opportunity.

The beta of 0.99 indicates that Alphabet's price volatility has been similar to the market average, providing a relatively stable investment option.

The 50-Day Moving Average is $189.60, while the 200-Day Moving Average is $174.76, showing a slight upward trend in the stock price.

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The Relative Strength Index (RSI) is 41.08, indicating that the stock price is relatively stable and not overbought or oversold.

Here are some key statistics about Google's stock price:

Google's stock price has a history of significant growth, with the stock going public in 2004 at a price of $85 per share and a valuation of $23 billion.

Short Selling Information

As we dive into the world of Google stock share information, let's take a closer look at the short selling activity. The latest short interest is a staggering 65.51 million shares.

This number represents 0.54% of the outstanding shares that have been sold short. To put that into perspective, that's a significant amount of shares being bet against Google's future performance.

The short interest has remained relatively steady from the previous month, with only a slight decrease from 65.56 million shares. This suggests that investors are not significantly changing their views on Google's prospects.

Here's an interesting read: Permanent Interest Bearing Shares

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Here's a breakdown of the short selling information:

The short ratio, also known as the days to cover, is a key metric that indicates how many days it would take to cover all the short positions. In this case, it would take approximately 2.50 days to cover all the short positions.

Google Stock Market Data

Google's stock market data is a fascinating topic, and I'd be happy to break it down for you. Alphabet's stock price has increased by +28.23% in the last 52 weeks.

Google went public in 2004, starting its journey as a publicly traded company. The stock price has come a long way since then, with a current price of $2,795.73 (GOOG) and $2,789.61 (GOOGL) as of January 18th, 2022.

The stock's beta is 0.99, indicating that Google's price volatility has been similar to the market average. This means that the stock's price movements have been relatively stable compared to other stocks.

Curious to learn more? Check out: Google Share Price Google Finance

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Google's market capitalization is a staggering $1.87 trillion, making it the 3rd biggest U.S. company by market capitalization. This is a significant increase from its market cap of $364 billion at the beginning of 2015.

Here are some key statistics about Google's stock market data:

Google's stock price has been trading within a $1,721-$3,037 range during the past 52 weeks, with an all-time high of $3,037.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

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