Market Update: Google Inc (NASDAQ:GOOG) – Google Employees’ Favorite Perks — Here’s 8 of the Best

[at TheStreet] – Google might not be the easiest company to work for, but the perks more than make up for the long hours. Read more on this. Alphabet Inc. (GOOG) , with a current market cap of $477.59B, began trading this morning at $692.29. Looking at today’s market, GOOG one day range is $685.37 to $706.74 with the price of the stock fluctuating between $499.83 to $779.98 over the last 52 weeks. Google (GOOG) shares are currently priced at 23.95x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.46x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 40 sell-side analysts are looking at $8.09 per share, which would be $1.74 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $28.99, which would be a $3.85 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $20.78 Billion. If realized, that would be a 43.51% increase over the year-ago quarter. Recently, Goldman upgraded GOOG from Neutral to Buy (Aug 26, 2015). Previously, Atlantic Equities upgraded GOOG from Neutral to Overweight. The average price target for GOOG shares by the analysts covering it is $853.67, which is 23.31% above where the stock opened. See more in (NASDAQ:GOOG) Similar Articles: Market Update: Google Inc (NASDAQ:GOOG) – Google Partners With Lowe’s For New DIY Tools Market Update: Google Inc (NASDAQ:GOOG) – Get ready for Google to lose billions Market Update: Google Inc (NASDAQ:GOOG) – The Google Trade: How to Profit from Alphabet Stock
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