Google Inc (NASDAQ:GOOG) | Inside Google’s Mysterious Ethics Board

Google Inc (NASDAQ:GOOG) [at Forbes] – By Patrick Lin and Evan Selinger The technology world was abuzz last week when Google announced it spent nearly half a billion dollars to acquire DeepMind, a UK-based artificial intelligence (AI) lab. With few details available, commentators speculated on the underlying motivation. Is the deal linked to Google’s buying spree of seven [...]
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Google Inc. (GOOG), with a current value of $388.37B, ended session yesterday at $1,180.97.
 
Looking at the equity, the company’s one day range is $1,157.25 to $1,181.72 with a trailing 52-week range being $758.27 to $1,186.54.
 
Google (GOOG) shares are currently priced at 22.62x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -15.44x earnings multiple for the same period.
 

 
Consensus earnings for the current quarter by the 32 sell-side analysts covering the stock is an estimate of $12.33 per share, which would be $0.75 better than the year-ago quarter and a $0.07 sequential increase. What we find to be interesting is that the full-year EPS estimate of $52.20 is a $8.31 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 $16.38 Billion. If realized, that would be a 17.25% increase over the year-ago quarter.
 
In terms of ratings, 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 it is $1,299.49, which is 0.00% above where the stock opened.
 
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) .

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