[at Wall St. Cheat Sheet] – Google is working to win a small part of the online shopping market. Should Amazon be worried?
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Amazon.com Inc. (AMZN), valued at $153.49B, started the session at $337.50.
Looking at today’s market, AMZN one day range is $332.52 to $337.55 with a one year range of $279.33 to $408.06.
Amazon (AMZN) shares are currently priced at 317.67x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 34.05x earnings multiple for the same period.
According to a consensus of 35 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 $1.05 which would be a $0.46 improvement than last year’s full-year earnings.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $19.32 Billion. If realized, that would be a 23.06% increase over the year-ago quarter.
Recently, Barclays Initiated AMZN at Equal Weight (Jun 26, 2014). Previously, Argus upgraded AMZN from Hold to Buy.
The average price target for AMZN shares is $414.32, which is 22.76% 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 companys 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) .