[Business Wire] – JumpCloud™, an automated server ops, user management, and security tool for DevOps and IT pros, announced today that it has joined the Amazon Web Services™ Solution Providers Program.
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Amazon.com Inc. (AMZN), with a current market cap of $141.63B, opened at $308.45.
Looking at the stock, its one day range is $305.55 to $310.00 with the price of the stock fluctuating between $218.18 to $322.92 over the last 52 weeks.
Priced at 356.28x this year’s forecasted earnings, AMZN shares are relatively expensive compared to the industry’s 29.96x forward p/e ratio.
Consensus earnings for the current quarter by the 38 sell-side analysts covering the stock is an estimate of $-0.09 per share, which would be $0.00 worse than the year-ago quarter and a $0.10 sequential increase. Investors should also note that the full-year EPS estimate of $0.86 is a $0.95 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 $16.77 Billion. If realized, that would be a 21.43% increase over the year-ago quarter.
More recently, Stifel Nicolaus upgraded AMZN from Hold to Buy (Oct 3, 2011).
Previously, UBS downgraded AMZN from Buy to Neutral.
When considering if the stock is under or overvalued, the average price target is $334.19, which is 8.34% above where the stock opened this morning.
Amazon.com, Inc. (NASDAQ:AMZN), operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. It operates retail Websites, such as amazon.com and amazon.ca, which include merchandise and content purchased for resale from vendors and those offered by third-party sellers.
Tag Helper ~ Stock Code: AMZN | Common Company name: Amazon | Full Company name: Amazon.com Inc. (NASDAQ:AMZN) .