[Business Wire] – —Amazon today announced it will premiere all ten episodes of the highly-anticipated Jill Soloway dark comedy Transparent on Friday, September 26 exclusively on Prime Instant Video in the US and UK.
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Amazon.com Inc. (AMZN), currently valued at $158.56B, opened this morning at $341.84.
Looking at the equity, the company’s one day range is $341.34 to $346.67 with a trailing 52-week range being $279.33 to $408.06.
AMZN shares are currently priced at -2,441.64x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 6.95x earnings multiple for the same period.
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. Furthermore, our analysis shows the full-year EPS estimate to be $-0.14, which would be a $0.73 worse when compared to the last 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.
More recently, B. Riley & Co. downgraded AMZN from Buy to Neutral (Jul 25, 2014). Previously, CRT Capital downgraded AMZN from Buy to Fair Value.
Investors should keep in mind is that the average price target is $389.42, which is 13.92% 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) .