Amazon.com Inc (NASDAQ:AMZN)’s traded shares stood at 8.18 million during the latest session, with the company’s beta value hitting 1.17. At the last check today, the stock’s price was $212.47, to imply a decrease of -0.76% or -$1.63 in intraday trading. The AMZN share’s 52-week high remains $215.09, putting it -1.23% down since that peak but still an impressive 34.33% since price per share fell to its 52-week low of $139.52. The company has a valuation of $2234.12B, with an average of 52.57 million shares in intraday trading volume over the past 10 days and average of 36.42 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Amazon.com Inc (AMZN), translating to a mean rating of 1.27. Of 44 analyst(s) looking at the stock, 0 analyst(s) give AMZN a Sell rating. 1 of those analysts rate the stock as Overweight while 3 advise Hold as 40 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.46.
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Amazon.com Inc (NASDAQ:AMZN) trade information
After registering a -0.76% downside in the latest session, Amazon.com Inc (AMZN) has traded red over the past five days. The 5-day price performance for the stock is 1.15%, and 13.69% over 30 days. With these gigs, the year-to-date price performance is 39.84%. Short interest in Amazon.com Inc (NASDAQ:AMZN) saw shorts transact 76.62 million shares and set a 2.37 days time to cover.
The extremes give us $103 and $270 for target low and target high price respectively. As such, AMZN has been trading -27.08% off suggested target high and 51.52% from its likely low.
Amazon.com Inc (AMZN) estimates and forecasts
Looking at statistics comparing Amazon.com Inc share performance against respective industry, we note that the company has outperformed competitors. Amazon.com Inc (AMZN) shares are 15.71% up over the last 6 months, with its year-to-date growth rate higher than industry average at 78.28% against 15.00%. Revenue is forecast to grow 46.85% this quarter before jumping 39.87% for the next one. The rating firms project that company’s revenue will grow 10.95% compared to the previous financial year.
Revenue forecast for the current quarter as set by 45 analysts is 187.22B. Meanwhile, for the current quarter, a total of 32 analyst(s) estimate revenue growth to 158.45B.Earnings reports from the last fiscal year show that sales brought in 169.96B and 143.31B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.16% before jumping 10.56% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 23.55% for the past 5-year period. While 2024 is set for a 76.70% return in earnings, projections for the next 5 years are at 18.00% annually.
AMZN Dividends
Amazon.com Inc has its next earnings report out on 2025-Jan-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Amazon.com Inc (NASDAQ:AMZN)’s Major holders
Amazon.com Inc insiders hold 10.17% of total outstanding shares, with institutional holders owning 64.99% of the shares at 72.35% float percentage. In total, 64.99% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 767.07 million shares (or 7.3806% of shares), all amounting to roughly $148.24 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 648.7 million shares, or about 6.2417% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $125.36 billion.