Weak Fundamental Momentum Pushes Amazon.com Inc. (AMZN) Lower

EVTL

Amazon.com Inc. (NASDAQ:AMZN) has a beta value of 1.15 and has seen 9.04 million shares traded in the recent trading session. The company, currently valued at $2047.50B, closed the recent trade at $196.75 per share which meant it lost -$0.45 on the day or -0.23% during that session. The AMZN stock price is -1.57% off its 52-week high price of $199.84 and 39.85% above the 52-week low of $118.35. The 3-month trading volume is 41.82 million shares.

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

Sporting -0.23% in the red today, the stock has traded in the green over the last five days, when the AMZN stock price touched $196.75 or saw a rise of 1.55%. Year-to-date, Amazon.com Inc. shares have moved 29.49%, while the 5-day performance has seen it change 5.59%. Over the past 30 days, the shares of Amazon.com Inc. (NASDAQ:AMZN) have changed 11.51%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 29.49% over the past 6 months, with this year growth rate of 66.10%, compared to 15.80% for the industry. Revenue growth from the last financial year stood is estimated to be 11.10%.

38 analysts offering their estimates for the company have set an average revenue estimate of 148.5B for the current quarter. 37 have an estimated revenue figure of 158.13B for the next ending quarter. Year-ago sales stood 134.38B and 141.41B respectively for this quarter and the next, and analysts expect sales will grow by 10.50% for the current quarter and 11.10% 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 23.55% over the past 5 years. Earnings growth for 2024 is a modest 57.92% while over the next 5 years, the company’s earnings are expected to increase by 30.50%.

AMZN Dividends

Amazon.com Inc. is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.