Company Update (NASDAQ:GOOG): How Google & Twitter Compete with Facebook’s Instant Articles (FB, GOOG)

[at Investopedia] – Look at how Facebook’s Instant Articles feature works, and how it differs from the new Accelerated Mobile Pages feature from Google and Twitter. Read more on this. Alphabet Inc. (GOOG) , valued at $492.81B, started the session at $702.18. During the trading session, GOOG traded between $694.46 to $718.00 and has traded between $499.83 and $779.98 over the past year. Google (GOOG) shares are currently priced at 24.10x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.46x earnings multiple for the same period. Consensus earnings for the current quarter by the 40 sell-side analysts covering the stock is an estimate of $8.09 per share, which would be $1.74 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $28.98, which would be a $3.84 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $20.78 Billion. If reported, that would be a 43.51% increase over the year-ago quarter. More recently, Goldman upgraded GOOG from Neutral to Buy (Aug 26, 2015). Previously, Atlantic Equities upgraded GOOG from Neutral to Overweight. When considering if the stock is under or overvalued, the average price target is $853.67, which is 21.57% above where the stock opened this morning. See more in (NASDAQ:GOOG) Similar Articles: Company Update: Google Inc (NASDAQ:GOOG) – Alphabet To Post ‘Big’ 2016 On Google Search: Analyst Company Update: Google Inc (NASDAQ:GOOG) – Smartphone Winners: Facebook, Amazon.com and Google Stock Update: Google Inc (NASDAQ:GOOG) – Twitter Woos Former Google Exec To The Microblog