[Business Wire] – —Amazon today announced that the third season of its Emmy-nominated original kids series Annedroids is scheduled to debut on June 24 on Prime Video in the US. Created by Emmy Award-winning producer/director J.J. Read more on this. Amazon.com, Inc. (AMZN) , with a current market cap of $341.93B, opened this morning at $726.40. Today’s price range has been between $721.60 and $728.39 per share with the price of the stock fluctuating between $422.64 to $731.50 over the last 52 weeks. AMZN shares are currently priced at 134.52x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 7.55x earnings multiple for the same period. According to a consensus of 34 analysts, the earnings estimate of $1.10 per share would be $0.91 better than the year-ago quarter and a $0.14 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $5.38 would be a $4.13 improvement 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 $29.57 Billion. If realized, that would be a 27.57% increase over the year-ago quarter. In terms of ratings, Raymond James downgraded AMZN from Strong Buy to Outperform (Mar 22, 2016). Previously, Canaccord Genuity upgraded AMZN from Hold to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $800.92, which is 10.26% above where the stock opened this morning. See more in (NASDAQ:AMZN) Similar Articles: Market Update (NASDAQ:AMZN): Amazon Greenlights Season Four of the Multi-Golden Globe and Multi-Emmy Award-Winning Original Series Transparent Company Update: Amazon.com Inc (NASDAQ:AMZN) – Amazon’s New Pilot Season, Featuring Award-Winning and Acclaimed Roster of Talent, Debuts June 17 on Amazon Video 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