Company Update (NASDAQ:AMZN): It’s not just the Fire Phone: Looks as if Amazon doesn’t sell many on-contract phones at all Inc (NASDAQ:AMZN) [] – If a recent sales estimate is in the ballpark, then Amazon hasn’t sold many Fire Phones at all. So how do you explain that it is the best-selling on-contract handset on Amazon?
Read more on this. Inc. (AMZN), valued at $157.94B, opened this morning at $337.00.
Looking at today’s market, AMZN one day range is $334.55 to $344.36 and has traded between $279.33 and $408.06 over the past year.
AMZN shares are currently priced at -2,385.86x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 7.02x earnings multiple.

According to a consensus of 35 analysts, the earnings estimate of $-0.75 per share would be $0.00 better than the year-ago quarter and a $0.00 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $-0.14 would be a $0.73 worse when compared to the previous year’s annual results.
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.
The average price target for AMZN shares by the analysts covering it is $389.42, which is 15.55% above where the stock opened.
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) .

Share the News | facebooktwittergoogle_plusredditlinkedin |

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

Click for a Random Article: [This Month] | [This Year] | [All Time]

Comments are closed.