Amazon.com (NASDAQ: AMZN) had its price target encouraged by the Credit Suisse Group from $ 2,100.00 to $ 2,400.00 in a report published on Monday, October 22, Marketbeat Ratings reports. The company currently has a superior rating on the warehouse of the e-commerce giant.
AMZN has been the subject of a number of other research reports. BidaskClub will cut Amazon.com from a strong purchase price to a purchase rating in a report on Tuesday, June 26th. JMP Securities repeated a market rating and deposited a $ 2,075.00 target price (up earlier from $ 1,840.00) on Amazon.com shares in a report on Friday, July 27th. Zacks Investment Research upgraded Amazon.com from a grade to a purchase rating and set a target price of $ 1,993.00 for the company in a report on Tuesday, July 31st. Wells Fargo & Co. repeated an outstanding rating and set a $ 2,110.00 target for shares in Amazon.com in a report Friday, July 27th. Finally, Loop Capital increased its target price on Amazon.com from $ 1,800.00 to $ 1,900.00, giving the stock company a purchase rating in a report on Wednesday, June 27th. Three equity analysts have rated the company with a rating and eight and eighty have allocated a consideration to the company's share. Amazon.com currently has an average rating of Buy and an average target price of $ 2,085.14.
NASDAQ: AMZN traded down $ 26.03 during trading hours on Monday and beat $ 1,593.41. 6 066 905 shares are exchanged, compared to its average volume 7 786 417. Amazon.com has a twelve-month low of $ 1,122.55 and a twelve-month high of $ 2,050.50. The company has a debt ratio of 0.63, a fast ratio of 0.80 and a current ratio of 1.08. The company has a market share of $ 781.87 billion, a price-to-earnings ratio of 350.20, a P / E / G ratio of 3.06 and a beta of 1.70.
Amazon.com (NASDAQ: AMZN) released their quarterly performance data until Thursday 25 October. E-commerce giant reported $ 5.75 earnings per share (EPS) for the quarter, peaked the consensus estimate of $ 3.29 by $ 2.46. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. The company had a turnover of $ 56.58 billion for the quarter compared to the $ 57.05 billion consensus estimate. On average, analysts estimate that Amazon.com will enter 19.37 EPS for the current fiscal year.
In other news, Director Patricia Q. Stonesifer sold 1,375 shares of Amazon.com share in a transaction that occurred Friday 2 November. The shares were sold at an average price of $ 1,678.99, for a total value of $ 2,308,611.25. Following completion of the sale, the CEO now owns 9,929 shares in the company, valued at $ 15 324 141 141. The transaction was disclosed in a document filed with the SEC, which can be accessed via this link. In addition, CEO Jeffrey A. Wilke sold 1645 shares in Amazon.com share in a transaction that occurred Monday, 20 August. The shares were sold at an average price of $ 1,877.32, for a total transaction of $ 3,088,191.40. After completion of the sale, the CEO now owns 10,000 shares in the company's share, valued at 18,773,200 dollars. The information for this sale can be found here. Insiders have sold 28 092 shares of the company's shares valued at 49 077 117 in the last 90 days. The company's insiders own 16.30% of the company's share.
Several hedge funds and other institutional investors have recently added or reduced their efforts in AMZN. BlackRock Inc. increased its share of Amazon.com shares by 0.6% in the third quarter. BlackRock Inc. now owns 25,546,629 shares in the e-commerce giant's share worth $ 51,169,896,000 after purchasing additional 144,135 shares in the last quarter. FMR LLC increased its share of Amazon.com shares by 1.9% in the third quarter. FMR LLC now owns 17,575,742 shares in the e-commerce giant's share worth $ 35,204,211,000 after acquiring another 330,516 shares during the last quarter. Summit Trail Advisors LLC increased their share of shares in Amazon.com by 180 406.1% in the first quarter. Summit Trail Advisors LLC now owns 9,848,415 shares in the e-commerce giant's share worth $ 9,848,000 after purchasing additional 9,842,959 shares in the last quarter. Northern Trust Corp raised its holdings in shares in Amazon.com by 1.1% in the second quarter. Northern Trust Corp now owns 4,676,411 shares in the e-commerce giant's share worth $ 7,949,013,000 after acquiring another 50,552 shares during the period. Finally, Morgan Stanley raised its holdings in shares in Amazon.com by 1.8% in the second quarter. Morgan Stanley now owns 4,637,654 shares in the e-commerce giant's share worth $ 7,883,083,000 after acquiring an additional 81,024 shares during the period. Institutional investors own 56.56% of the company's share.
Amazon.com Company Profile
Amazon.com, Inc. is engaged in retailing of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International and Amazon Web Services (AWS) segments. It sells goods and content purchased for resale from suppliers, as well as those offered by third party sellers through physical stores and retail websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com .br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es and amazon.co.uk.
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