[at Motley Fool] – Amazon has a history of strong growth, but the company’s profitability has been challenged. However, does the real reason behind its lackluster profits, combined with great expectations this quarter, signify …
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Amazon.com Inc. (AMZN), currently valued at $178.29B, opened this morning at $392.16.
Looking at today’s trading action, the company’s one day range from $387.20 to $392.85 with a one year range of $245.75 to $408.06.
Amazon (AMZN) shares are currently priced at 540.32x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 44.58x earnings multiple for the same period.
In a review of the consensus earnings estimate this quarter, 39 sell-side analysts are looking at $0.66 per share, which would be $0.45 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $0.73 which would be a $0.82 improvement than last year’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $26.07 Billion. If reported, that would be a 22.57% increase over the year-ago quarter.
Recently, Standpoint Research Initiated AMZN at Sell (Oct 28, 2013). Previously, UBS upgraded AMZN from Neutral to Buy.
Investors should keep in mind is that the average price target is $423.69, which is 8.04% 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) .