Amazon.com Inc (NASDAQ:AMZN) has a beta value of 1.37 and has seen 11.32 million shares traded in the recent trading session. The company, currently valued at $2104.02B, closed the recent trade at $198.54 per share which meant it gained $1.95 on the day or 0.99% during that session. The AMZN stock price is -22.15% off its 52-week high price of $242.52 and 23.64% above the 52-week low of $151.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 49.83 million shares traded. The 3-month trading volume is 38.08 million shares.
The consensus among analysts is that Amazon.com Inc (AMZN) is Buy stock at the moment, with a recommendation rating of 1.25. 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.
Amazon.com Inc (NASDAQ:AMZN) trade information
Sporting 0.99% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AMZN stock price touched $198.54 or saw a rise of 3.51%. Year-to-date, Amazon.com Inc shares have moved -9.51%, while the 5-day performance has seen it change -4.72%. Over the past 30 days, the shares of Amazon.com Inc (NASDAQ:AMZN) have changed -14.84%. Short interest in the company has seen 71.12 million shares shorted with days to cover at 1.78.
Wall Street analysts have a consensus price target for the stock at $245, which means that the shares’ value could jump 18.96% from the levels at last check today. The projected low price target is $210.0 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 -35.99% off the targeted high while a plunge would see the stock gain -5.77% from the levels at last check today.
Amazon.com Inc (AMZN) estimates and forecasts
The company’s shares have gained 13.19% over the past 6 months. 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 36.89% over the past 5 years. Earnings growth for 2025 is a modest 14.89% while over the next 5 years, the company’s earnings are expected to increase by 19.98%.
AMZN Dividends
Amazon.com Inc is expected to release its next earnings report on 2025-Feb-05 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 8.74% of the company shares, while shares held by institutions stand at 65.50% with a share float percentage of 71.78%. Investors are also buoyed by the number of investors in a company, with Amazon.com Inc having a total of 6977.0 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.
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 Dec 31, 2024, the former fund manager holds about 2.80% shares in the company for having 296.49 shares of worth $58.56 billion while later fund manager owns 253.32 shares of worth $50.03 billion as of Dec 31, 2024, which makes it owner of about 2.39% of company’s outstanding stock.