Company Update (NASDAQ:GOOG): Android Circuit: Biggest Galaxy S7 Leak, New Sony Xperia Z6 Revealed, Google Criticizes iPhone

[at Forbes] – This week’s Android Circuit includes details on a bigger Galaxy S7, leaked release dates and thoughts on Samsung’s new launch schedule for the flagship smartphone, details on the Sony’s Xperia Z6 Lite, Google’s switch to OpenJDK, the victory of phablets over smartphones at Christmas, Google’s head of design talks mobile UIs, and one Android device takes my ‘Smartphone of the Year’… but which one? Read more on this. Alphabet Inc. (GOOG) , with a current value of $521.90B, opened at $769.50. During the trading session, GOOG traded between $758.34 to $769.50 with a trailing 52-week range being $486.23 to $779.98. Priced at 26.18x this year’s forecasted earnings, GOOG shares are relatively expensive compared to the industry’s 12.55x forward p/e ratio. Consensus earnings for the current quarter by the 40 sell-side analysts covering the stock is an estimate of $8.09 per share, which would be $1.74 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $28.99 which would be a $3.85 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $20.78 Billion. If realized, that would be a 43.51% increase over the year-ago quarter. Recently, Goldman upgraded GOOG from Neutral to Buy (Aug 26, 2015). Previously, Atlantic Equities upgraded GOOG from Neutral to Overweight. With the above information in mind, readers should note that the average price target is $853.67, which is 10.94% above where the stock opened this morning. See more in (NASDAQ:GOOG) Similar Articles: Stock Update: Google Inc (NASDAQ:GOOG) – Apple’s Android Attack Frustrates Google’s Empire Company Update (NASDAQ:GOOG): Google’s Biggest Rivals in China Stock Update: Google Inc (NASDAQ:GOOG) – Android Circuit: Galaxy S6 Edge Wins Best Handset, Google’s New Apps, Your $10,000 Luxury Smartphone