During the last session, Amazon.com Inc. (NASDAQ:AMZN)’s traded shares were 43.07 million, with the beta value of the company hitting 1.15. At the end of the trading day, the stock’s price was $178.50, reflecting an intraday gain of 3.71% or $6.38. The 52-week high for the AMZN share is $201.20, that puts it down -12.72 from that peak though still a striking 33.7% gain since the share price plummeted to a 52-week low of $118.35. The company’s market capitalization is $1873.46B, and the average intraday trading volume over the past 10 days was 29.33 million shares, and the average trade volume was 42.14 million shares over the past three months.
Amazon.com Inc. (AMZN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.22. AMZN has a Sell rating from 0 analyst(s) out of 44 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 40 recommend a Buy rating for it.
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Amazon.com Inc. (NASDAQ:AMZN) trade information
Amazon.com Inc. (AMZN) registered a 3.71% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.71% in intraday trading to $178.50, hitting a weekly high. The stock’s 5-day price performance is 0.82%, and it has moved by -3.03% in 30 days. Based on these gigs, the overall price performance for the year is 32.15%. The short interest in Amazon.com Inc. (NASDAQ:AMZN) is 80.8 million shares and it means that shorts have 1.66 day(s) to cover.
The consensus price target of analysts on Wall Street is $213, which implies an increase of 16.2% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $103 and $270 respectively. As a result, AMZN is trading at a discount of -51.26% off the target high and 42.3% off the low.
Amazon.com Inc. (AMZN) estimates and forecasts
Statistics show that Amazon.com Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Amazon.com Inc. (AMZN) shares have gone up 0.16% during the last six months, with a year-to-date growth rate more than the industry average at 63.45% against 15.50.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.55%. While earnings are projected to return 63.01% in 2024, the next five years will return 30.50% per annum.
AMZN Dividends
Amazon.com Inc. is due to release its next quarterly earnings on 2024-Oct-24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Amazon.com Inc. (NASDAQ:AMZN)’s Major holders
Amazon.com Inc. insiders own 8.99% of total outstanding shares while institutional holders control 64.15%, with the float percentage being 70.49%. VANGUARD GROUP INC is the largest shareholder of the company, while 6342.0 institutions own stock in it. As of 2024-06-30, the company held over 767.07 million shares (or 7.3806% of all shares), a total value of $148.24 billion in shares.
The next largest institutional holding, with 648.7 million shares, is of BLACKROCK INC.’s that is approximately 6.2417% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $125.36 billion.
