1 Info updated 2011/07/21: Bank assets: $329.7 mil, Deposits: $279.6 mil, headquarters in Clarks Summit, PA, positive income, Mortgage Lending Specialization, 7 total offices.  Wells Fargo Bank, National Association: Mount Pocono Branch at 601 Route 940 ,suite # 33, branch established on 1990/06/30.
Investors are buoyed by analyst reports that promise considerable earnings growth for Amazon after 2014, to as much as $10.13 per share in 2016. However, shareholders hoping to get some of this money in the form of dividends will be disappointed.
Amazon currently trades at 80 times forward earnings, which matches the 80% earnings growth analysts expect next year. If Amazon matches the average earnings estimate of $10.50 per share for next year, a stock price of $1,000 would equal a trailing P/E of 95 -- its lowest multiple since late 2011. By these measures, a $1,000 price target could be considered conservative based on Amazon's historical multiples.