Company Update: Inc (NASDAQ:AMZN) – Amazon debuts mobile payment app and card reader Inc (NASDAQ:AMZN) [AP] – Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept …
Read more on this. Inc. (AMZN), valued at $151.36B, began trading this morning at $327.31.
Looking at the equity, the company’s one day range is $327.00 to $331.72 and has traded between $279.33 and $408.06 over the past 12 months.
Priced at -2,280.86x this year’s forecasted earnings, AMZN shares are relatively inexpensive compared to the industry’s 13.12x forward p/e ratio.

Consensus earnings for the current quarter by the 35 sell-side analysts covering the stock is an estimate of $-0.75 per share, which would be $0.00 better than the year-ago quarter and a $0.00 sequential increase. The full-year EPS estimate is $-0.14, which would be a $0.73 better than last year.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $20.87 Billion. If realized, that would be a 22.12% increase over the year-ago quarter.
Recently, B. Riley & Co. downgraded AMZN from Buy to Neutral (Jul 25, 2014). Previously, CRT Capital downgraded AMZN from Buy to Fair Value.
When considering if perhaps the stock is under or overvalued, the average price target is $389.42, which is 18.98% above where the stock opened this morning.
Summary (NASDAQ:AMZN) :, 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 and, 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., Inc. was founded in 1994 and is headquartered in Seattle, Washington.
Tag Helper ~ Stock Code: AMZN | Common Company name: Amazon | Full Company name: Inc (NASDAQ:AMZN) .

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