Company Update (NASDAQ:AMZN): Mattel, Amazon to Bring Fireman Sam to US

Amazon.com Inc (NASDAQ:AMZN) [Zacks] – HIT Entertainment, a subsidiary of Mattel, Inc. (MAT) teamed up with Amazon.com Inc. (AMZN) to bring the immensely popular Fireman Sam merchandise and digital content to the U.S.
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Amazon.com Inc. (AMZN), with a current market cap of $140.99B, started trading this morning at $305.75.
 
Today’s price range has been between $305.07 and $307.90 per share with a one year range of $263.02 to $408.06.
 
AMZN shares are currently priced at 283.34x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 33.11x earnings multiple for the same period.
 

 
According to a consensus of 36 analysts, the earnings estimate of $-0.14 per share would be $0.00 better than the year-ago quarter and a $0.23 sequential increase. The full-year EPS estimate is $1.09 which would be a $0.50 better than last year’s full-year earnings.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $19.31 Billion. If reported, that would be a 22.99% increase over the year-ago quarter.
 
More recently, Argus upgraded AMZN from Hold to Buy (Apr 16, 2014). Previously, UBS downgraded AMZN from Buy to Neutral.
 
When considering if perhaps the stock is under or overvalued, the average price target is $419.33, which is 37.15% above where the stock opened this morning.
 
Summary (NASDAQ:AMZN) :  Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily include merchandise and content purchased for resale from vendors and those offered by third-party sellers. It also offers programs that enable sellers to sell their products on company’s Websites, and their own branded Websites; and programs, which allow authors, musicians, filmmakers, app developers, and others to publish and sell content. In addition, the company serves developers and enterprises through Amazon Web Services, which provides access to technology infrastructure that enables virtually various businesses. Further, it offers Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store; and manufactures and sells electronic devices, as well as provides co-branded credit card agreements and advertising services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of items; access to streaming of movies and TV episodes; and access to books to borrow and read on a Kindle device. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
 
Tag Helper ~ Stock Code: AMZN | Common Company name: Amazon | Full Company name: Amazon.com Inc (NASDAQ:AMZN) .

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