[at New York Times] – Google hopes third-party accessories will make Google Glass attractive to a wider variety of people. But accessories draw attention to gadgets, and many Glass owners want the device to stand out less, …
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Google Inc. (GOOG), valued at $373.80B, finished yesterday at $1,123.01.
Looking at today’s trading action, the company’s one day range from $1,110.11 to $1,131.87 and has traded between $750.25 and $1,167.89 over the past year.
Google (GOOG) shares are currently priced at 25.40x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -23.78x earnings multiple for the same period.
Consensus earnings for the current quarter by the 42 sell-side analysts covering the stock is an estimate of $12.26 per share, which would be $1.67 better than the year-ago quarter and a $0.04 sequential increase. Investors should also note that the full-year EPS estimate of $44.22 is a $4.40 better 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 $16.75 Billion. If realized, that would be a 37.75% increase over the year-ago quarter.
More recently, CRT Capital Initiated GOOG at Buy (Sep 19, 2013). Previously, Janney Initiated GOOG at to Buy.
Investors should keep in mind is that the average price target is $1,217.93, 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) .