On average, equities analysts predict that Amazon.com will post $4.76 earnings per share for the current fiscal year. (NASDAQ:AMZN) during the fourth quarter, according to its most recent disclosure with the SEC.
Previously on 4/17/2017, Credit Suisse released a statement about Amazon (NASDAQ:AMZN) increased the target price from $900.00 to $1,050.00.
A number of hedge funds have recently added to or reduced their stakes in the company. Bartlett & Co. LLC now owns 120 shares of the e-commerce giant's stock worth $100,000 after buying an additional 8 shares in the last quarter. Baltimore Washington Financial Advisors Inc. purchased a new position in Amazon.com during the fourth quarter valued at $23,951,000. Bartlett & Co. LLC boosted its position in Amazon.com by 7.1% in the third quarter. D Orazio & Associates Inc. boosted its position in shares of Amazon.com by 8.0% in the fourth quarter. First PREMIER Bank now owns 191 shares of the e-commerce giant's stock valued at $169,000 after buying an additional 15 shares in the last quarter. Shamrock Asset Management LLC now owns 240 shares of the e-commerce giant's stock worth $201,000 after buying an additional 75 shares during the period.
(NASDAQ:AMZN) has insider ownership of 17.70% and institutional ownership of 65.08%.
Amazon.com, Inc. offers a range of products and services through its Websites. The firm has a market capitalization of $429.68 billion, a PE ratio of 183.77 and a beta of 1.40.
On 8/15/2016 Shelley Reynolds, VP, sold 625 with an average share price of $770.10 per share and the total transaction amounting to $481,312.50. The e-commerce giant reported $1.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.35 by $0.19. Amazon.com had a net margin of 1.74% and a return on equity of 13.87%. The firm earned $43.74 billion during the quarter, compared to analyst estimates of $44.66 billion. During the same period in the previous year, the firm posted $1.00 earnings per share. The firm's revenue for the quarter was up 22.4% on a year-over-year basis. Goldman Sachs Group Inc reaffirmed a buy rating on shares of Amazon.com in a research note on Thursday, January 26th.
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Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 1.37, and a price to sales ratio of 2.49. More recently, Coach has emerged as the most likely buyer, with analysts estimating that the buyout sum could top $2 billion.
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Janus Capital Management LLC decreased its stake in shares of Amazon.com, Inc. Robert W. Baird reiterated an outperform rating and issued a $850.00 price target on shares of Amazon.com in a report on Sunday, January 8th. MKM Partners reaffirmed a buy rating on shares of Amazon.com in a research note on Thursday, March 30th.
Today, Amazon.com (NASDAQ:AMZN) stock was downgraded by Wolfe Research from Outperform to Market Perform. Five equities research analysts have rated the stock with a hold rating and forty-eight have issued a buy rating to the stock. Amazon.com presently has a consensus rating of Buy and an average price target of $960.04.
In other Amazon.com news, insider David Zapolsky sold 503 shares of the stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $850.00, for a total transaction of $501,500.00. Following the completion of the sale, the director now owns 22,525 shares of the company's stock, valued at approximately $19,146,250. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Tom A. Alberg sold 590 shares of the stock in a transaction on Tuesday, February 21st. Following the sale, the insider now owns 2,523 shares of the company's stock, valued at $2,144,550. The Company operates through three segments: North America, International and Amazon Web Services (AWS).
The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.