Amazon.com Inc (NASDAQ:AMZN) has a beta value of 1.15 and has seen 8.45 million shares traded in the recent trading session. The company, currently valued at $2190.17B, closed the recent trade at $196.52 per share which meant it lost -$1.41 on the day or -0.71% during that session. The AMZN stock price is -2.38% off its 52-week high price of $201.20 and 30.56% above the 52-week low of $136.47. If we look at the company’s 10-day average daily trading volume, we find that it stood at 41.33 million shares traded. The 3-month trading volume is 38.45 million shares.
The consensus among analysts is that Amazon.com Inc (AMZN) is Buy stock at the moment, with a recommendation rating of 1.26. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 44 have rated it as a Hold, with 40 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.45.
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Amazon.com Inc (NASDAQ:AMZN) trade information
Sporting -0.71% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AMZN stock price touched $196.52 or saw a rise of 1.99%. Year-to-date, Amazon.com Inc shares have moved 29.34%, while the 5-day performance has seen it change 4.32%. Over the past 30 days, the shares of Amazon.com Inc (NASDAQ:AMZN) have changed 5.37%. Short interest in the company has seen 83.92 million shares shorted with days to cover at 2.36.
Wall Street analysts have a consensus price target for the stock at $214, which means that the shares’ value could jump 8.17% from the levels at last check today. The projected low price target is $103.0 while the price target rests at a high of $270.0. In that case, then, we find that the latest price level in today’s session is -37.39% off the targeted high while a plunge would see the stock lose 47.59% 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 4.14% over the past 6 months, with this year growth rate of 68.28%, compared to 14.00% for the industry. Revenue growth from the last financial year stood is estimated to be 10.80%.
43 analysts offering their estimates for the company have set an average revenue estimate of 187.04B for the current quarter. 30 have an estimated revenue figure of 158.6B for the next ending quarter. Year-ago sales stood 169.96B and 142.5B respectively for this quarter and the next, and analysts expect sales will grow by 10.00% for the current quarter and 10.80% 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 74.11% while over the next 5 years, the company’s earnings are expected to increase by 18.00%.
AMZN Dividends
Amazon.com Inc is expected to release its next earnings report on 2025-Jan-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Amazon.com Inc (NASDAQ:AMZN)’s Major holders
Insiders own 8.98% of the company shares, while shares held by institutions stand at 64.18% with a share float percentage of 70.51%. Investors are also buoyed by the number of investors in a company, with Amazon.com Inc having a total of 6336.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 767.07 million shares worth more than $148.24 billion. As of 2024-06-30, VANGUARD GROUP INC held 7.3806% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 648.7 million shares as of 2024-06-30. The firm’s total holdings are worth over $125.36 billion and represent 6.2417% of shares outstanding.
