[at Motley Fool] – While Amazon’s Kindle Fire tablets offer impressive hardware specifications and low prices, the crippled experience prevents the tablets from being a serious threat to Google’s Android tablets or Apple’s …
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Amazon.com Inc. (AMZN), with a current market cap of $183.58B, began trading this morning at $403.75.
Looking at today’s market, AMZN one day range is $398.44 to $406.89 with its 52-week range being $245.75 to $406.89.
AMZN shares are currently priced at 545.25x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 41.12x earnings multiple for the same period.
According to a consensus of 37 analysts, the earnings estimate of $0.66 per share would be $0.45 better than the year-ago quarter and a $0.08 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 based on a consensus revenue forecast of the current quarter of $26.06 Billion. If realized, that would be a 22.52% increase over the year-ago quarter.
In terms of ratings, Standpoint Research Initiated AMZN at Sell (Oct 28, 2013). Previously, UBS upgraded AMZN from Neutral to Buy.
With the above information in mind, readers should note that the average price target is $412.61, which is 2.19% 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) .