In today’s recent session, 9.55 million shares of the Amazon.com Inc (NASDAQ:AMZN) have been traded, and its beta is 1.38. Most recently the company’s share price was $202.27, and it changed around -$3.44 or -1.67% from the last close, which brings the market valuation of the company to $2143.60B. AMZN at last check was trading at a discount to its 52-week high of $242.52, offering almost -19.9% off that amount. The share price’s 52-week low was $151.61, which indicates that the recent value has risen by an impressive 25.05% since then. We note from Amazon.com Inc’s average daily trading volume that its 10-day average is 42.2 million shares, with the 3-month average coming to 38.72 million.
Amazon.com Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.24. If we narrow it down even further, the data shows that 0 out of 69 analysts rate the stock as a Sell; another 19 rate it as Overweight. Among the rest, 3 recommended AMZN as a Hold, whereas 47 deemed it a Buy, and 0 rated it as Underweight. Amazon.com Inc is expected to report earnings per share of 1.36 for the current quarter.
Amazon.com Inc (NASDAQ:AMZN) trade information
Instantly AMZN has been showing red trend so far today with a performance of -1.67% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 206.21 on recent trading dayincreased the stock’s daily price by 1.91%. The company’s shares are currently down -7.80% year-to-date, but still up 3.44% over the last five days. On the other hand, Amazon.com Inc (NASDAQ:AMZN) is -4.95% down in the 30-day period. We can see from the shorts that 78.65 million shares have been sold at a short interest cover period of 1.73 day(s).
The consensus price target as assigned by Wall Street analysts is $247.5, which translates to bulls needing to increase their stock price by 18.27% from its current value. Analyst projections state that AMZN is forecast to be at a low of $210 and a high of $270.
Amazon.com Inc (AMZN) estimates and forecasts
The year-over-year growth rate is expected to be 9.64%, up from the previous year.
Consensus estimates provided by 45 financial analysts predict the company will bring in an average of 154.96B in revenue for the current quarter. 45 analysts expect Amazon.com Inc to make 162.33B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 143.31B and 147.98B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 8.13%. Forecasts for the next quarter put sales growth at 9.70%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 36.89%. Amazon.com Inc earnings are expected to increase by 14.76% in 2025, but the outlook is positive 19.77% per year for the next five years.
Amazon.com Inc (NASDAQ:AMZN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 8.74% of Amazon.com Inc shares, and 65.55% of them are in the hands of institutional investors. The stock currently has a share float of 71.83%. Amazon.com Inc stock is held by 6999.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 7.3806% of the shares, which is about 767.07 million shares worth $148.24 billion.
BLACKROCK INC., with 6.2094% or 648.7 million shares worth $125.36 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 296.49 shares worth $60.11 billion, making up 2.80% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 253.32 shares worth around $51.36 billion, which represents about 2.39% of the total shares outstanding.
