From NASDAQ: 2024-04-02 17:45:22

Alphabet’s (GOOGL) recent closing price was $154.56, down -0.6% from the last session, outperforming the S&P 500. The company is set to release earnings and is expected to report an EPS of $1.49 and revenue of $65.95 billion. Analysts predict positive estimate revisions for the company, impacting stock performance.

Valuation-wise, Alphabet has a Forward P/E of 22.96, lower than the industry average of 23.1, and a PEG ratio of 1.44. The Internet – Services industry has an average PEG ratio of 2.21. With a Zacks Rank 3 (Hold), further monitoring of the stock performance is advised. The Zacks Industry Rank for this sector is 43, placing it in the top 18% of all industries.

A little-known chemical company is predicted to double its stock value by Zacks experts. With a 65% increase over the last year, promising earnings estimates, and share repurchasing plans, this company could rival previous success stories like Boston Beer Company and NVIDIA. Investors are advised to stay informed on Zacks.com for updates on this potential breakout stock.



Read more at NASDAQ: Alphabet (GOOGL) Stock Moves -0.6%: What You Should Know