From NASDAQ:

Alphabet (GOOGL) is one of the most sought-after stocks on Zacks.com. Its shares have returned -4% over the past month, compared to Zacks S&P 500 composite’s +5.2% change. Earnings estimates for Alphabet are at $1.48 per share for this quarter, with projected revenue of $65.88 billion gaining +13.5% year-over-year. Revisions to earnings estimates have resulted in a Zacks Rank #3 (Hold) for Alphabet.

Alphabet’s valuation metrics give it a Zacks Value Style Score of C, indicating fair trading with peers. The company posted $72.32 billion in revenues, a year-over-year change of +14.6%, and EPS of $1.64 last quarter. With a 2.19% revenue surprise and a 2.5% EPS surprise, Alphabet surpassed consensus estimates over the last four quarters. Its Zacks Rank #3 suggests it may perform in line with the broader market in the near term.



Read more: Alphabet Inc. (GOOGL) Is a Trending Stock: Facts to Know Before Betting on It