Company Update: Amazon.com Inc (NASDAQ:AMZN) – Amazon Prime Video Adds the Latest Series from The Weinstein Company and Oscar and Emmy-winner Julian Fellowes, Julian Fellowes Presents Doctor Thorne, to its Original Series Lineup

[Business Wire] – —Amazon today announced it has added the period drama series Julian Fellowes Presents Doctor Thorne to its lineup of Amazon Original Series, and is scheduled to premiere the series on Prime Video in the U.S. Read more on this. Amazon.com, Inc. (AMZN) , currently valued at $318.32B, started the session at $677.36. Looking at the stock, its one day range is $672.32 to $680.30 with its 52-week range being $414.55 to $696.44. Priced at 127.35x this year’s forecasted earnings, AMZN shares are relatively expensive compared to the industry’s 13.47x forward p/e ratio. In a review of the consensus earnings estimate this quarter, 38 sell-side analysts are looking at $1.13 per share, which would be $0.94 better than the year-ago quarter and a $0.13 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $5.37, which would be a $4.12 improvement 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 $29.45 Billion. If realized, that would be a 27.05% increase over the year-ago quarter. More recently, Raymond James downgraded AMZN from Strong Buy to Outperform (Mar 22, 2016). Previously, Canaccord Genuity upgraded AMZN from Hold to Buy. The average price target for AMZN shares is $793.73, which is 17.18% above where the stock opened this morning. See more in (NASDAQ:AMZN) Similar Articles: Company Update (NASDAQ:AMZN): Google Express vs. Amazon Prime Now (GOOG, AMZN) Market Update: Amazon.com Inc (NASDAQ:AMZN) – Amazon Announces New In-Season Content Licensing Agreement with PBS to Bring Original Civil War-Era Drama Mercy Street to Prime Members Company Update: Amazon.com Inc (NASDAQ:AMZN) – Amazon Original Series Mad Dogs Will Debut Exclusively for Prime Members on January 22