2 weeks Ago By ABMN Staff
Shares of Amazon.com, Inc. ( NASDAQ:AMZN ) have earned an average rating of “Buy” from the forty-two analysts that are currently covering the company, Marketbeat.
com reports. One equities research analyst has rated the stock with a hold recommendation, forty have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $222.
84. A number of research analysts have recently weighed in on AMZN shares. Itau BBA Securities downgraded Amazon.
com from an “outperform” rating to a “market perform” rating and set a $186.00 price target on the stock. in a report on Friday, August 2nd.
Truist Financial upped their target price on Amazon.com from $220.00 to $230.
00 and gave the company a “buy” rating in a report on Monday, July 22nd. TD Securities increased their price target on shares of Amazon.com from $225.
00 to $245.00 in a research report on Wednesday, July 10th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $230.
00 price objective on shares of Amazon.com in a research report on Monday, September 23rd. Finally, Stifel Nicolaus cut their target price on shares of Amazon.
com from $228.00 to $224.00 and set a “buy” rating for the company in a research report on Friday, August 2nd.
View Our Latest Stock Analysis on AMZN Insider Transactions at Amazon.com Institutional Investors Weigh In On Amazon.com Institutional investors have recently bought and sold shares of the business.
Cooksen Wealth LLC acquired a new position in Amazon.com in the fourth quarter worth about $30,000. PayPay Securities Corp raised its holdings in shares of Amazon.
com by 64.6% in the 2nd quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock worth $32,000 after buying an additional 64 shares in the last quarter.
Clarity Asset Management Inc. acquired a new position in shares of Amazon.com in the 4th quarter worth approximately $46,000.
Christopher J. Hasenberg Inc lifted its position in shares of Amazon.com by 650.
0% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock worth $58,000 after buying an additional 260 shares during the period.
Finally, Steph & Co. acquired a new stake in Amazon.com in the 1st quarter valued at $65,000.
Institutional investors and hedge funds own 72.20% of the company’s stock. Amazon.
com Stock Performance Amazon.com stock opened at $187.97 on Monday.
Amazon.com has a fifty-two week low of $118.35 and a fifty-two week high of $201.
20. The firm’s 50 day simple moving average is $178.92 and its 200-day simple moving average is $182.
68. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.
10 and a quick ratio of 0.88. The company has a market cap of $1.
96 trillion, a P/E ratio of 52.65, a price-to-earnings-growth ratio of 1.46 and a beta of 1.
14. Amazon.com ( NASDAQ:AMZN – Get Free Report ) last posted its quarterly earnings data on Thursday, August 1st.
The e-commerce giant reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.
18. Amazon.com had a net margin of 7.
35% and a return on equity of 21.39%. The firm had revenue of $147.
98 billion for the quarter, compared to analysts’ expectations of $148.63 billion. As a group, equities research analysts predict that Amazon.
com will post 4.86 EPS for the current year. About Amazon.
com ( Get Free Report Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS).
It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. Further Reading Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.
com and related companies with MarketBeat.com's FREE daily email newsletter ..
