Market Update (NASDAQ:GOOG): Google shocked this man by offering sympathy on the death of his father

[Business Insider] – Last week, Google executive chairman Eric Schmidt explained that Google is working on a… Read more on this. Alphabet Inc. (GOOG) , valued at $512.76B, opened at $749.25. During the trading session, GOOG traded between $740.94 to $750.85 with a one year range of $515.18 to $789.87. Priced at 21.68x this year’s forecasted earnings, GOOG shares are relatively expensive compared to the industry’s 17.40x forward p/e ratio. According to a consensus of 37 analysts, the earnings estimate of $7.94 per share would be $1.06 better than the year-ago quarter and a $0.14 sequential increase. The full-year EPS estimate is $34.62, which would be a $5.04 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $20.32 Billion. If reported, that would be a 17.73% 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. The average price target for GOOG shares is $930.08, which is 24.13% above where the stock opened this morning. See more in (NASDAQ:GOOG) Similar Articles: Company Update: Google Inc (NASDAQ:GOOG) – Google invented this weird-looking gadget to collect people’s medical info Market Update: Google Inc (NASDAQ:GOOG) – Google Express vs. Amazon Prime Now (GOOG, AMZN) Market Update (NASDAQ:GOOG): Google’s think tank has become its own company called Jigsaw
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