[Reuters] – A German court has ordered Google to block search results in Germany linking to photos of a sex party involving former Formula One boss Max Mosley. The court said on Friday that although Google had not taken the pictures it was responsible as a distributor of the images. The ruling comes more than two months after a French court ordered Google to find a way to remove recurring links to images of Mosley, who was photographed in 2008 at an orgy with prostitutes. The decision is another setback for Google as it tries to defend a global stance that the search engine is merely a platform that delivers links to content and it should not be responsible for policing them.
Read more on this.
Google Inc. (GOOG), currently valued at $383.40B, finished yesterday at $1,160.10.
Looking at the equity, the company’s one day range is $1,145.29 to $1,153.55 with a trailing 52-week range being $746.54 to $1,167.89.
Priced at 26.32x this year’s forecasted earnings, GOOG shares are relatively expensive compared to the industry’s -24.66x forward p/e ratio.
According to a consensus of 42 analysts, the earnings estimate of $12.21 per share would be $1.62 better than the year-ago quarter and a $0.01 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $44.07 is a $4.25 improvement when compared to the previous year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $16.76 Billion. If realized, that would be a 37.83% increase over the year-ago quarter.
More recently, CRT Capital Initiated GOOG at Buy (Sep 19, 2013). Previously, Janney Initiated GOOG at to Buy.
When considering if perhaps the stock is under or overvalued, the average price target is $1,197.90, 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) .