[Reuters] – MOSCOW (Reuters) – Russia’s state competition watchdog has postponed a decision on a possible fine on Alphabet Inc’s (GOOGL.O) Google until May 31, RIA news agency reported on Wednesday. FAS, the watchdog, … Read more on this. Alphabet Inc. (GOOG) , valued at $494.32B, opened at $723.41. Today’s price range has been between $719.69 and $724.48 per share with its 52-week range being $515.18 to $789.87. GOOG shares are currently priced at 21.53x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.35x forward p/e ratio. In a review of the consensus earnings estimate this quarter, 36 sell-side analysts are looking at $8.06 per share, which would be $1.07 better than the year-ago quarter and a $0.13 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $33.59 would be a $4.01 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $20.75 Billion. If realized, that would be a 17.03% increase over the year-ago quarter. In terms of ratings, Pivotal Research Group upgraded GOOG from Hold to Buy (Apr 11, 2016). Previously, Goldman upgraded GOOG from Neutral to Buy. The average price target for GOOG shares by the analysts covering the stock is $924.83, which is 27.84% above where the stock opened this morning. See more in (NASDAQ:GOOG) Similar Articles: Company Update (NASDAQ:GOOG): Google faces first EU fine in 2016 with no deal on cards: sources Company Update: Google Inc (NASDAQ:GOOG) – Russian anti-monopoly body puts off decision on possible Google fine to May 11 – RIA Market Update: Google Inc (NASDAQ:GOOG) – One year after ‘Mobilegeddon,’ Google puts its focus on small businesses