[TheStreet] – NEW YORK ( TheStreet ) — Today’s buy-and-trade earnings previews cover 13 companies; three from the consumer discretionary sector, two from the basic materials sector and two from the transportation sector. …
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Amazon.com Inc. (AMZN), currently valued at $148.78B, opened at $330.83.
Looking at today’s trading action, the company’s one day range from $325.28 to $331.72 with a one year range of $218.18 to $337.11.
AMZN shares are currently priced at 386.67x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 29.44x earnings multiple.
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 $0.09 sequential increase. The full-year EPS estimate is $0.86, which would be a $0.95 better than last year.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.76 Billion. If reported, that would be a 21.36% increase over the year-ago quarter.
In terms of ratings, 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 $337.43, which is 1.99% 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) .