[theflyonthewall.com] – Google (GOOG) offered to acquire WhatsApp for $10B before Facebook (FB) proposed to buy the messaging service for $16B, according to Fortune. Sources say Google’s bid did not come with a promise of a board …
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Google Inc. (GOOG), with a current value of $403.93B, ended session yesterday at $1,202.34.
Looking at today’s market, GOOG one day range is $1,200.50 to $1,206.89 with the price of the stock fluctuating between $761.26 to $1,212.87 over the last 52 weeks.
GOOG shares are currently priced at 23.21x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -12.22x earnings multiple.
Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $12.28 per share, which would be $0.70 better than the year-ago quarter and a $0.02 sequential increase. The full-year EPS estimate is $51.81 which would be a $7.92 better than last year’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.52 Billion. If reported, that would be a 18.25% 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 $1,317.38, 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) .