2 weeks Ago By Defense World Staff
Amazon.com, Inc. ( NASDAQ:AMZN ) has been assigned a consensus recommendation of “Buy” from the forty-two ratings firms that are presently covering the firm, Marketbeat Ratings reports.
One analyst has rated the stock with a hold rating, forty have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $222.84.
Several brokerages have recently weighed in on AMZN. Stifel Nicolaus decreased their target price on Amazon.com from $228.
00 to $224.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Wells Fargo & Company lowered their price objective on shares of Amazon.
com from $232.00 to $225.00 and set an “overweight” rating for the company in a research report on Monday, August 26th.
Benchmark reissued a “buy” rating and set a $200.00 target price on shares of Amazon.com in a research report on Friday, August 2nd.
JPMorgan Chase & Co. decreased their target price on shares of Amazon.com from $240.
00 to $230.00 and set an “overweight” rating for the company in a research note on Friday, August 2nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $230.
00 price target on shares of Amazon.com in a research note on Thursday, September 19th. Get Our Latest Research Report on Amazon.
com Insider Buying and Selling at Amazon.com Institutional Inflows and Outflows Several institutional investors and hedge funds have recently made changes to their positions in the stock. Collective Family Office LLC increased its position in shares of Amazon.
com by 9.7% during the 1st quarter. Collective Family Office LLC now owns 9,278 shares of the e-commerce giant’s stock valued at $1,674,000 after purchasing an additional 819 shares during the period.
Phillips Wealth Planners LLC grew its holdings in Amazon.com by 9.2% during the first quarter.
Phillips Wealth Planners LLC now owns 2,655 shares of the e-commerce giant’s stock worth $487,000 after acquiring an additional 224 shares during the period. Bayesian Capital Management LP bought a new stake in Amazon.com in the fourth quarter worth about $5,926,000.
Concord Investment Counsel Inc. acquired a new stake in Amazon.com in the 1st quarter valued at about $20,790,000.
Finally, O Shaughnessy Asset Management LLC boosted its position in shares of Amazon.com by 26.1% during the 1st quarter.
O Shaughnessy Asset Management LLC now owns 644,319 shares of the e-commerce giant’s stock valued at $116,222,000 after purchasing an additional 133,471 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.
Amazon.com Trading Down 1.7 % NASDAQ AMZN opened at $187.
97 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.
88 and a current ratio of 1.10. Amazon.
com has a one year low of $118.35 and a one year high of $201.20.
The company’s 50 day moving average price is $178.92 and its 200 day moving average price is $182.68.
The firm has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 52.65, a PEG ratio of 1.
46 and a beta of 1.14. Amazon.
com ( NASDAQ:AMZN – Get Free Report ) last posted its earnings results on Thursday, August 1st. The e-commerce giant reported $1.23 earnings per share for the quarter, beating 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 business had revenue of $147.98 billion for the quarter, compared to analyst estimates of $148.63 billion.
On average, sell-side analysts predict that Amazon.com will post 4.86 EPS for the current year.
Amazon.com Company Profile ( 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. See Also Five stocks we like better than Amazon.
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