[at Barrons.com] – The Consumer Electronics Show begins next week–and it could have a big impact on the shares of Harman International (HAR), as Google (GOOG) and Apple (AAPL) look to make inroads in the auto space. The …
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Google Inc. (GOOG), currently valued at $371.63B, ended session yesterday at $1,118.40.
Looking at the equity, the company’s one day range is $1,112.31 to $1,120.50 with a one year range of $695.52 to $1,120.50.
Google (GOOG) shares are currently priced at 25.30x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -5.29x earnings multiple for the same period.
In a review of the consensus earnings estimate this quarter, 40 sell-side analysts are looking at $12.24 per share, which would be $1.65 better than the year-ago quarter and a $0.41 sequential increase. The full-year EPS estimate is $44.16 which would be a $4.34 improvement than last year’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.72 Billion. If reported, that would be a 37.50% increase over the year-ago quarter.
Recently, CRT Capital Initiated GOOG at Buy (Sep 19, 2013). Previously, Janney Initiated GOOG at to Buy.
Given all the information above, we should disclose to readers that the average price target is $1,118.59, which is 0.00% above than it 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) .