From Nasdaq:

The most recent trading session shows Alphabet (GOOGL) at $140.41, a -0.78% change lagging the S&P 500’s 0.14% gain on the day. The investment community awaits Alphabet’s upcoming earnings, with forecasted EPS of $1.62 and revenue of $70.59 billion. Analysts note upward revisions in the estimate, potentially related to near-term stock moves, with GOOGL currently having a Zacks Rank of #2 (Buy).

From a valuation perspective, Alphabet is currently trading at a Forward P/E ratio of 24.31. The Internet – Services industry, which Alphabet is part of, bears a Zacks Industry Rank of 27, placing it in the top 11% of all 250+ industries. The top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Active traders are encouraged to stay updated with stock-shifting metrics in the next trading sessions, as Alphabet Inc. (GOOGL) awaits the results of its upcoming earnings.



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