Alphabet (GOOGL) closed at $312.43, down 2.43% from the previous day, lagging behind the S&P 500’s gain. The tech-heavy Nasdaq depreciated by 0.26%. Shares of Alphabet had gained 11.68% in the past month, outpacing the sector and the S&P 500.

Alphabet’s upcoming EPS is projected at $2.58, a 20.00% increase from the previous year. Revenue is estimated at $94.26 billion, a 15.49% increase. Analyst estimate revisions reflect optimism about the business and profitability, correlating with future stock price performance. Alphabet currently holds a Zacks Rank of #3 (Hold).

Alphabet has a Forward P/E ratio of 30.44, higher than the industry average. The PEG ratio is 1.85, slightly lower than the industry average. The Internet – Services industry is ranked within the top 35% of industries by Zacks Industry Rank. Follow GOOGL on Zacks.com for more updates.

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Read more at Nasdaq: Alphabet (GOOGL) Stock Dips While Market Gains: Key Facts