[at Wall St. Cheat Sheet] – German watchdogs say Amazon is conducting business there unfairly. Can they truly apply “instruments of torture” to force Amazon’s compliance?
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Amazon.com Inc. (AMZN), with a current value of $148.91B, started trading this morning at $329.89.
Today, shares have traded between $325.05 and $330.00 per share and has traded between $218.18 and $331.89 over the past year.
AMZN shares are currently priced at 382.48x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 29.44x earnings multiple for the same period.
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. What we find to be interesting is 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 predicated on a consensus revenue forecast of $16.77 Billion. If reported, that would be a 21.43% increase over the year-ago quarter.
UBS upgraded AMZN from Neutral to Buy (Oct 18, 2013).
Previously, Stifel Nicolaus upgraded AMZN from Hold to Buy.
The average price target for AMZN shares by the analysts covering it is $336.35, which is 1.96% above where the stock opened.
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) .