Google Inc. (NASDAQ:GOOG) – Research Group: Google Continues To Grow

Google Inc. (NASDAQ:GOOG) [at Seeking Alpha] – Google ( GOOG ) is a remarkable firm that has rocketed into a leadership position both technically, and economically. In five years it has risen from $300 to $1,147 just a few days ago. In the past twelve …
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Google Inc. (GOOG), valued at $377.97B, finished yesterday at $1,130.24.
A quick look at the market, the company’s traded between $1,130.83 to $1,139.08 and has traded between $695.52 and $1,147.32 over the past year.
GOOG shares are currently priced at 25.83x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -23.12x earnings multiple for the same period.

According to a consensus of 40 analysts, the earnings estimate of $12.24 per share would be $1.65 better than the year-ago quarter and a $0.44 sequential increase. The full-year EPS estimate is $44.19, which would be a $4.37 better than last year.
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 $1,150.82, 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) .

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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