Will current price volatility hamper Amazon.com, Inc. (AMZN) future potential? – Marketing Sentinel

Will current price volatility hamper Amazon.com, Inc. (AMZN) future potential?

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The consensus among analysts is that Amazon.com, Inc. (AMZN) is a Buy stock at the moment, with a recommendation rating of 1.7. None of the analysts rate the stock as a Sell, while 5 rate it as Overweight. 2 out of 50 have rated it as a Hold, with 43 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $11.92.

Amazon.com, Inc. (NASDAQ:AMZN) trade information

Wall Street analysts have a consensus price target for the stock at $4151.99, which means that the shares’ value could jump 22.33% from the levels at last check today. The projected low price target is $2591 while the price target rests at a high of $5500. In that case, then, we find that the latest price level in today’s session is +62.05% off the targeted high while a plunge would see the stock lose -23.66% from the levels at last check today.

Amazon.com, Inc. (AMZN) estimates and forecasts

Figures show that Amazon.com, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +9.63% over the past 6 months, with this year growth rate of 16.69%, compared to 14.6% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 15.7% and 1.8% for the next quarter. Revenue growth from the last financial year stood is estimated to be +26.5%.

35 analysts offering their estimates for the company have set an average revenue estimate of $114.83 Billion for the current quarter. 35 have an estimated revenue figure of $118.64 Billion for the next quarter concluding in September 01, 2021. Year-ago sales stood $88.91 Billion and $96.14 Billion respectively for this quarter and the next, and analysts expect sales will grow by 29.2% for the current quarter and 23.4% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +101.8% over the past 5 years. Earnings growth for 2021 is a modest +81.9% while over the next 5 years, the company’s earnings are expected to increase by 35%.

Amazon.com, Inc. (NASDAQ:AMZN)’s Major holders

Insiders own 14.07% of the company shares, while shares held by institutions stand at 58.92% with a share float percentage of 68.57%. Investors are also buoyed by the number of investors in a company, with Amazon.com, Inc. having a total of 4818 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 32.44 Million shares worth more than $105.64 Billion. As of December 30, 2020, Vanguard Group, Inc. (The) held 6.43% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 27.52 Million shares as of December 30, 2020. The firm’s total holdings are worth over $89.65 Billion and represent 5.46% of shares outstanding.


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Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of December 30, 2020, the former fund manager holds about 2.38% shares in the company for having 12019851 shares of worth $39.15 Billion while later fund manager owns 8.55 Million shares of worth $27.83 Billion as of December 30, 2020, which makes it owner of about 1.7% of company’s outstanding stock.

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