From Nasdaq: 2024-09-16 17:45:20

Alphabet (GOOGL) closed at $158.06, up +0.38% from the previous day, outperforming the S&P 500. In the past month, shares lost 3.38%, while the Computer and Technology sector gained 1.56%. Analysts expect Alphabet’s EPS to increase by 18.06% and revenue to rise by 13.61% in the upcoming release.

With a Zacks Rank of #3 (Hold), Alphabet’s recent estimate revisions indicate potential business and profitability improvements. The company is valued at a Forward P/E ratio of 20.63, lower than the industry average of 30.5. GOOGL also has a PEG ratio of 1.18 and is part of the top 35% Internet – Services industry.

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Read more at Nasdaq: Why Alphabet (GOOGL) Outpaced the Stock Market Today