Amazon.com Inc. (NASDAQ:AMZN) – Amazon loses a battle but still fights the war on state sales tax

Amazon.com Inc. (NASDAQ:AMZN) [at Fortune] – FORTUNE — For Amazon, it’s not a matter now of whether the company will collect sales tax in many states, but when. On Monday, the U.S. Supreme Court let stand a ruling from the New York Court of Appeals …
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Amazon.com Inc. (AMZN), valued at $177.44B, opened at $383.26.
 
During the trading session, AMZN traded between $383.00 to $389.69 with a one year range of $242.75 to $399.00.
 
AMZN shares are currently priced at 526.93x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 22.92x forward p/e ratio.
 

 
Consensus earnings for the current quarter by the 37 sell-side analysts covering the stock is an estimate of $0.66 per share, which would be $0.45 better than the year-ago quarter and a $0.11 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $0.73, which would be a $0.82 better when compared to the last year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $26.03 Billion. If reported, that would be a 22.38% increase over the year-ago quarter.
 
Recently, Standpoint Research Initiated AMZN at Sell (Oct 28, 2013). Previously, UBS upgraded AMZN from Neutral to Buy.
 
When considering if the stock is under or overvalued, the average price target is $402.82, which is 5.10% 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) .

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