Alphabet(US:GOOG) ZACKS·2025-01-21 23:51Group 1 - Alphabet Inc. closed at $199.63, with a +1.05% change, outperforming the S&P 500's gain of 0.88% [1] - Over the past month, Alphabet's shares gained 0.8%, surpassing the Computer and Technology sector's gain of 0.37% but underperforming the S&P 500's gain of 1.17% [1] Group 2 - The upcoming earnings report for Alphabet is scheduled for February 4, 2025, with projected EPS of $2.12, reflecting a 29.27% increase year-over-year [2] - Quarterly revenue is estimated at $81.42 billion, up 12.57% from the previous year [2] Group 3 - Recent shifts in analyst projections for Alphabet are important, as positive changes indicate optimism regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [4][5] Group 4 - Alphabet's current Forward P/E ratio is 22.12, which is lower than the industry average of 22.25, indicating a discount [6] - The company has a PEG ratio of 1.25, compared to the Internet - Services industry's average PEG ratio of 1.56 [7] Group 5 - The Internet - Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 89, placing it in the top 36% of over 250 industries [8]