Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

ntrader

Google Inc.

Recommended Posts

Google Inc., builds products and provides services to organize the information and make it universally accessible and useful. It provides Search, a service that delivers relevant search results in response to user queries; Product Listing Ads that offer product information.

 

BALANCE SHEET

Google Inc. earned $3.3 billion, or $9.94 per share, during the opening three months of the year. That was a 16 percent increase from $2.9 billion, or $8.75 per share, last year. If not for certain expenses, Google said it would have earned $11.58 per share. Revenue climbed 31 percent from last year to $14 billion. After subtracting advertising commissions, Google's revenue totaled $11 billion — about $335 million below analyst estimates. The first-quarter numbers show that a recent decline in Google's average ad prices is easing. That's an indication that marketers are starting to pay more for the ads that Google distributes to smartphones and tablet computers. Google's average price, or the "cost per click" to advertisers, has fallen from the previous year in six consecutive quarters, including the opening three months of the year.

 

GOOG PE stands at 24.83 below the industry average of 67.86 and above the S&P 500 average of 16.70. The stock is currently trading 9% below its intrinsic value of $874.82 this suggests that the stock is undervalued at these levels. GOOG's current Price/Sales of 5.03 is above the average of its industry of 2.33. The beta of 1.15 implies higher volatility of the stock with respect to the S&P 500. GOOG’s Total Debt/Equity is 7.70 and is acceptable for our model. At the end of the quarter, Google had $50.1 billion in cash and cash equivalents. The company pays no dividend.

 

I believe GOOG is still a buy

Share this post


Link to post
Share on other sites
Google Inc., builds products and provides services to organize the information and make it universally accessible and useful. It provides Search, a service that delivers relevant search results in response to user queries; Product Listing Ads that offer product information.

 

BALANCE SHEET

Google Inc. earned $3.3 billion, or $9.94 per share, during the opening three months of the year. That was a 16 percent increase from $2.9 billion, or $8.75 per share, last year. If not for certain expenses, Google said it would have earned $11.58 per share. Revenue climbed 31 percent from last year to $14 billion. After subtracting advertising commissions, Google's revenue totaled $11 billion — about $335 million below analyst estimates. The first-quarter numbers show that a recent decline in Google's average ad prices is easing. That's an indication that marketers are starting to pay more for the ads that Google distributes to smartphones and tablet computers. Google's average price, or the "cost per click" to advertisers, has fallen from the previous year in six consecutive quarters, including the opening three months of the year.

 

GOOG PE stands at 24.83 below the industry average of 67.86 and above the S&P 500 average of 16.70. The stock is currently trading 9% below its intrinsic value of $874.82 this suggests that the stock is undervalued at these levels. GOOG's current Price/Sales of 5.03 is above the average of its industry of 2.33. The beta of 1.15 implies higher volatility of the stock with respect to the S&P 500. GOOG’s Total Debt/Equity is 7.70 and is acceptable for our model. At the end of the quarter, Google had $50.1 billion in cash and cash equivalents. The company pays no dividend.

 

I believe GOOG is still a buy

 

Google is always going to be a Buy as long as Sergey Brin,Eric Schmidt and Larry Page are there. They know how to do the business, what to acquire and not to acquire.

 

They are same as how Steve Jobs was important to Apple inc. Apple deteriorated after Steve jobs was gone cause he was the main link in the company that was making the difference.

Share this post


Link to post
Share on other sites

Google has been growing at an impressive clip for a company of its size. Its ability to keep growing has given the company a market value of more than $263 billion, second only to Apple Inc. among technology companies.

Share this post


Link to post
Share on other sites

Earnings per share are in a solid uptrend, while both gross and net margins have declined. These diverging trends can be viewed from either a glass half full or glass half empty perspective.

Share this post


Link to post
Share on other sites

CEO Larry Page is taking a step back to focus on the "bigger picture”. Former Android and Chrome head Sundar Pichai will now lead all of Google's core products. Google sent an internal memo to employees this afternoon to explain the changes.

 

Pichai will now head up research, search, maps, Google+, commerce and ads, and infrastructure, in addition to Android, Chrome, and Google Apps. The six executives leading each of those product areas will now report directly to Pichai instead of Page. YouTube, run by Susan Wojcicki, will not be under Pichai's domain.

 

Read more: Google Exec Reorganization - Business Insider

Share this post


Link to post
Share on other sites
CEO Larry Page is taking a step back to focus on the "bigger picture”. Former Android and Chrome head Sundar Pichai will now lead all of Google's core products. Google sent an internal memo to employees this afternoon to explain the changes.

 

Pichai will now head up research, search, maps, Google+, commerce and ads, and infrastructure, in addition to Android, Chrome, and Google Apps. The six executives leading each of those product areas will now report directly to Pichai instead of Page. YouTube, run by Susan Wojcicki, will not be under Pichai's domain.

 

Read more: Google Exec Reorganization - Business Insider

 

 

Google management CEO Larry pages in transferring leadership of core google product to sundar pichai, According to sources close to the situation….

 

Here you can read more: Exclusive: Google CEO Larry Page Reorgs Staff, Anoints Sundar Pichai as New Product Czar | Re/code

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 22nd November 2024.   BTC flirts with $100K, Stocks higher, Eurozone PMI signals recession risk.   Asia & European Sessions:   Geopolitical risks are back in the spotlight on fears of escalation in the Ukraine-Russia after Russia reportedly used a new ICBM to retaliate against Ukraine’s use of US and UK made missiles to attack inside Russia. The markets continue to assess the election results as President-elect Trump fills in his cabinet choices, with the key Treasury Secretary spot still open. The Fed’s rate path continues to be debated with a -25 bp December cut seen as 50-50. Earnings season is coming to an end after mixed reports, though AI remains a major driver. Profit taking and rebalancing into year-end are adding to gyrations too. Wall Street rallied, led by the Dow’s 1.06% broadbased pop. The S&P500 advanced 0.53% and the NASDAQ inched up 0.03%. Asian stocks rose after  Nvidia’s rally. Nikkei added 1% to 38,415.32 after the Tokyo inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The rally was also supported by chip-related stocks tracked Nvidia. Overnight-indexed swaps indicate that it’s certain the Reserve Bank of New Zealand will cut its policy rate by 50 basis points on Nov. 27, with a 22% chance of a 75 basis points reduction. European stocks futures climbed even though German Q3 GDP growth revised down to 0.1% q/q from the 0.2% q/q reported initially. Cryptocurrency market has gained approximately $1 trillion since Trump’s victory in the Nov. 5 election. Recent announcement for the SEC boosted cryptos. Chair Gary Gensler will step down on January 20, the day Trump is set to be inaugurated. Gensler has pushed for more protections for crypto investors. MicroStrategy Inc.’s plans to accelerate purchases of the token, and the debut of options on US Bitcoin ETFs also support this rally. Trump’s transition team has begun discussions on the possibility of creating a new White House position focused on digital asset policy.     Financial Markets Performance: The US Dollar recovered overnight and closed at 107.00. Bitcoin currently at 99,300,  flirting with a run toward the 100,000 level. The EURUSD drifts below 1.05, the GBPUSD dips to June’s bottom at 1.2570, while USDJPY rebounded to 154.94. The AUDNZD spiked to 2-year highs amid speculation the RBNZ will cut the official cash rate by more than 50 bps next week. Oil surged 2.12% to $70.46. Gold spiked to 2,697 after escalation alerts between Russia and Ukraine. Heightened geopolitical tensions drove investors toward safe-haven assets. Gold has surged by 30% this year. Haven demand balanced out the pressure from a strong USD following mixed US labor data. Silver rose 0.9% to 31.38, while palladium increased by 0.9% to 1,040.85 per ounce. Platinum remained unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • A few trending stocks at support BAM MNKD RBBN at https://stockconsultant.com/?MNKD
    • BMBL Bumble stock watch, pull back to 7.94 support area with high trade quality at https://stockconsultant.com/?BMBL
    • LUMN Lumen Technologies stock watch, pull back to 7.43 support area with bullish indicators at https://stockconsultant.com/?LUMN
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.