Stock Update: Google Inc (NASDAQ:GOOG) – A Screaming Comes Across the Sky: Google vs. the Counterforce

Google Inc (NASDAQ:GOOG) [at New York Times] – In little more than a decade, Google has become essential and omnipresent. Now the question is whether people will start to resent and oppose it.
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Google Inc. (GOOG), with a current value of $394.57B, finished at $1,177.44.
 
Looking at the equity, the company’s one day range is $1,170.50 to $1,182.40 and has traded between $761.26 and $1,186.54 over the past year.
 
GOOG shares are currently priced at 22.70x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 18.19x earnings multiple.
 

 
According to a consensus of 27 analysts, the earnings estimate of $12.29 per share would be $0.71 better than the year-ago quarter and a $0.03 sequential increase. Investors should also note that the full-year EPS estimate of $51.86 is a $7.97 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 $16.53 Billion. If realized, that would be a 18.32% 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 the stock is under or overvalued, the average price target is $1,309.24, 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) .

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