[Entrepreneur] – The e-commerce goliath is trying out an online marketplace selling 3-D printed consumer goods, from fashion jewelry pieces to home decor items and tech accessories.
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Amazon.com Inc. (AMZN), currently valued at $171.06B, started trading this morning at $374.08.
During the trading session, AMZN traded between $368.90 to $375.33 and has traded between $245.75 and $408.06 over the past 12 months.
AMZN shares are currently priced at 194.96x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 9.37x earnings multiple.
In a review of the consensus earnings estimate this quarter, 34 sell-side analysts are looking at $0.23 per share, which would be $0.05 better than the year-ago quarter and a $0.31 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $1.91 is a $1.32 better 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.
More 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 15.76% 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) .