Alphabet Inc (NASDAQ:GOOGL) most recently reported quarterly actual earnings per share of $7 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $6.47. The difference between the estimate and the actual EPS was $0.53 creating a surprise factor of 8.19%. Currently, the company has an impact score of 0. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.093. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $923.75 on the shares. The most bullish brokerage firm has a $1050 target, while the most bearish sees the stock headed towards $825. This is according to the 28 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.21. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 28 recommendations taking into account in order to arrive at this number. Of the 28, 24 have a Strong Buy rating and 2 are rating it a Buy.
Google Inc. (Google) is a global technology company. The Company’s business is primarily focused around key areas, such as search, advertising, operating systems and platforms, enterprise and hardware products. The Company generates revenue primarily by delivering online advertising. The Company also generates revenues from Motorola by selling hardware products. The Company provides its products and services in more than 100 languages and in more than 50 countries, regions, and territories. Effective May 16, 2014, Google Inc acquired Quest Visual Inc. Effective May 20, 2014, Google Inc acquired Enterproid Inc, doing business as Divide. In June 2014, Google Inc acquired mDialog Corp. Effective June 25, 2014, Google Inc acquired Appurify Inc, a San Francisco-based developer of mobile bugging application software.
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