About Us

Market Update (NASDAQ:GOOG): Nelly Furtado Joins Sixx:A.M., Debbie Harry Calls for Google to Act on YouTube Cash

[at Forbes] – Nelly Furtado is the latest artist calling on Google to increase payment for YouTube songs. She follows Debbie Harry of Blondie and Sixx:A.M. – with more names likely to follow – who want Google to follow its own slogans: “Don’t Be Evil” and “Do The Right Thing.” Read more on this. Alphabet Inc. (GOOG) , valued at $479.53B, started the session at $697.63. During today’s session, GOOG traded between $691.00 to $700.64 and has traded between $515.18 and $789.87 over the past year. Priced at 20.66x this year’s forecasted earnings, GOOG shares are relatively expensive compared to the industry’s 13.35x forward p/e ratio. According to a consensus of 35 analysts, the earnings estimate of $8.05 per share would be $1.06 better than the year-ago quarter and a $0.07 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $33.54, which would be a $3.96 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $20.75 Billion. If reported, that would be a 17.03% increase over the year-ago quarter. In terms of ratings, Pivotal Research Group upgraded GOOG from Hold to Buy (Apr 11, 2016). Previously, Goldman upgraded GOOG from Neutral to Buy. The average price target for GOOG shares is $924.83, which is 32.57% above where the stock opened this morning. See more in (NASDAQ:GOOG) Similar Articles: Market Update: Google Inc (NASDAQ:GOOG) – There’s War in the Marketing Cloud, and Google Analytics 360 Is Bringing It Market Update: Google Inc (NASDAQ:GOOG) – Google Express vs. Amazon Prime Now (GOOG, AMZN) Company Update: Google Inc (NASDAQ:GOOG) – Apprenda joins Google’s open source community
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.