Company Update: Amazon.com Inc (NASDAQ:AMZN) – Tribeca Film and Amazon Bring Oscar Nominee for Best Foreign Language Film—The Broken Circle Breakdown—to Prime Instant Video for Exclusive Subscription Debut

Amazon.com Inc (NASDAQ:AMZN) [Business Wire] – —Amazon.com, Inc. today announced a content licensing agreement with Tribeca Film that will make Prime Instant Video the exclusive online-only subscription home for streaming of Academy Award-nominated foreign language film The Broken Circle Breakdown, as well as several other acclaimed documentary and feature films.
Read more on this.

Amazon.com Inc. (AMZN), with a current market cap of $159.70B, ended trading yesterday at $347.38.
 
Today’s price range has been between $347.13 and $348.44 per share with the price of the stock fluctuating between $245.75 to $408.06 over the last 52 weeks.
 
AMZN shares are currently priced at 185.16x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.33x earnings multiple.
 

 
Consensus earnings for the current quarter by the 34 sell-side analysts covering the stock is an estimate of $0.23 per share, which would be $0.05 better than the year-ago quarter and a $0.31 sequential decrease. Investors should also note that the full-year EPS estimate of $1.91 is a $1.32 improvement when compared to the previous year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $19.42 Billion. If reported, that would be a 20.85% increase over the year-ago quarter.
 
Recently, UBS downgraded AMZN from Buy to Neutral (Feb 12, 2014). Previously, Standpoint Research Initiated AMZN at to Sell.
 
The average price target for AMZN shares by the analysts covering the stock is $433.05, which is 24.66% 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) .

More on this topic (What's this?)
Amazon.com Inc Breaks Below 20-Day Moving Average
Amazon Drones: Not Ready for Takeoff
Read more on Amazon.com at Wikinvest

NYSE, NASDAQ, Market Data, Earnings Estimates, Analyst Ratings and Key Statistics provided via Yahoo Finance, unless otherwise specified. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Jutia Group will not be liable for any errors, incompleteness or delays, or for any actions taken in reliance on the data displayed herein.

Related Articles


Comments are closed.