Company Update – Google Inc. (NASDAQ:GOOG) – 4 Things to Know About Snapchat

Google Inc. (NASDAQ:GOOG) [at Motley Fool] – With both Facebook and Google taking passes at this acquiring Snapchat, here are 4 things investors need to know about this budding social heavyweight
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Google Inc. (GOOG), valued at $349.12B, ended trading at $1,033.56.
Looking at today’s trading action, the company’s one day range from $1,035.62 to $1,045.00 with a one year range of $655.53 to $1,045.00.
 
GOOG shares are currently priced at 23.46x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -21.67x forward p/e ratio.

 
According to a consensus of 40 analysts, the earnings estimate of $12.22 per share would be $1.63 better than the year-ago quarter and a $0.39 sequential increase. Investors should also note that the full-year EPS estimate of $44.06 is a $4.24 better when compared to the previous year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.69 Billion. If reported, that would be a 37.25% increase over the year-ago quarter.
More recently, CRT Capital Initiated GOOG at Buy (Sep 19, 2013). Previously, Janney Initiated GOOG at to Buy.
The average price target for GOOG shares by the analysts covering the stock is $1,080.10, which is 0.00% above where the stock opened this morning.
 
Google Inc. (NASDAQ:GOOG), a technology company, builds products and provides services to organize the information and make it universally accessible and useful. It provides Search, AdWords, AdSense and YouTube. Further, the company offers Android Mobile OS, Google Chrome, Google+, Google Wallet and much more.
 
Tag Helper ~ Stock Code: GOOG | Common Company name: Google | Full Company name: Google Inc. (NASDAQ:GOOG) .

NYSE, NASDAQ, Market Data, Earnings Estimates, Analyst Ratings and Key Statistics provided via Yahoo Finance, unless otherwise specified. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Jutia Group will not be liable for any errors, incompleteness or delays, or for any actions taken in reliance on the data displayed herein.

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