In the last trading session, 40.32 million Amazon.com Inc (NASDAQ:AMZN) shares changed hands as the company’s beta touched 1.39. With the company’s per share price at $192.82 changed hands at -$2.92 or -1.49% during last session, the market valuation stood at $2043.45B. AMZN’s last price was a discount, traded about -25.78% off its 52-week high of $242.52. The share price had its 52-week low at $151.61, which suggests the last value was 21.37% up since then. When we look at Amazon.com Inc’s average trading volume, we note the 10-day average is 47.54 million shares, with the 3-month average coming to 38.75 million.
Analysts gave the Amazon.com Inc (AMZN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.24. If we narrow down to specifics, the data shows that 0 out of 44 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 3 recommended AMZN as a Hold, 40 felt it is a Buy and 0 rated the stock as Underweight. Amazon.com Inc’s EPS for the current quarter is expected to be 1.36.
Amazon.com Inc (NASDAQ:AMZN) trade information
Instantly AMZN was in red as seen at the end of in last trading. With action -1.92%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -12.11%, with the 5-day performance at -1.92% in the red. However, in the 30-day time frame, Amazon.com Inc (NASDAQ:AMZN) is -15.68% down. Looking at the short shares, we see there were 71.12 million shares sold at short interest cover period of 1.78 days.
The consensus price target for the stock as assigned by Wall Street analysts is 245, meaning bulls need an upside of 21.3% from its current market value. According to analyst projections, AMZN’s forecast low is 210 with 270 as the target high. To hit the forecast high, the stock’s price needs a -40.03% plunge from its current level, while the stock would need to soar -8.91% for it to hit the projected low.
Amazon.com Inc (AMZN) estimates and forecasts
Year-over-year growth is forecast to reach 9.61% up from the last financial year.
Consensus estimates given by 45 financial analysts project the company’s revenue in the current quarter to hit an average of 154.96B. 45 analysts are of the opinion that Amazon.com Inc’s revenue for the current quarter will be 162.33B. The company’s revenue for the corresponding quarters a year ago was 143.31B and 147.98B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.13%. The estimates for the next quarter sales put growth at 9.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 36.89%. The 2025 estimates are for Amazon.com Inc earnings to increase by 14.78%, but the outlook for the next 5-year period is at 19.77% per year.
AMZN Dividends
Amazon.com Inc is expected to release its next quarterly earnings report on 2025-Feb-05.
Amazon.com Inc (NASDAQ:AMZN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.74% of Amazon.com Inc shares while 65.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 71.80%. There are 65.52% institutions holding the Amazon.com Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 7.3806% of the shares, roughly 767.07 million AMZN shares worth $148.24 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.2417% or 648.7 million shares worth $125.36 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . With 296.49 shares estimated at $57.17 billion under it, the former controlled 2.80% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.39% of the shares, roughly 253.32 shares worth around $48.85 billion.
