On the day, 32724905 shares were traded.
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Ratios:
Our analysis of AMZN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.67.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on February 02, 2024, Reiterated its Outperform rating but revised its target price to $205 from $195 previously.
On February 02, 2024, Wells Fargo reiterated its Overweight rating and also lowered its target price recommendation from $197 to $211.
Wedbush reiterated its Outperform rating for the stock on February 02, 2024, while the target price for the stock was revised from $210 to $220.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 08 ’24 when Selipsky Adam sold 500 shares for $176.31 per share. The transaction valued at 88,155 led to the insider holds 133,100 shares of the business.
Selipsky Adam sold 500 shares of AMZN for $87,405 on Mar 07 ’24. The CEO Amazon Web Services now owns 133,600 shares after completing the transaction at $174.81 per share. On Mar 04 ’24, another insider, Jassy Andrew R, who serves as the President and CEO of the company, sold 50,000 shares for $180.00 each. As a result, the insider received 9,000,000 and left with 1,994,182 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMZN now has a Market Capitalization of 1.85T and an Enterprise Value of 1.90T. As of this moment, Amazon.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.65, and their Forward P/E ratio for the next fiscal year is 33.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.22 while its Price-to-Book (P/B) ratio in mrq is 9.16. Its current Enterprise Value per Revenue stands at 3.30 whereas that against EBITDA is 21.25.
Stock Price History:
Over the past 52 weeks, AMZN has reached a high of $180.14, while it has fallen to a 52-week low of $96.29. The 50-Day Moving Average of the stock is 167.93, while the 200-Day Moving Average is calculated to be 144.20.
Shares Statistics:
AMZN traded an average of 44.24M shares per day over the past three months and 37.04M shares per day over the past ten days. A total of 10.38B shares are outstanding, with a floating share count of 9.23B. Insiders hold about 11.10% of the company’s shares, while institutions hold 62.45% stake in the company. Shares short for AMZN as of Feb 29, 2024 were 66.87M with a Short Ratio of 1.51, compared to 75.18M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.64% and a Short% of Float of 0.85%.
Earnings Estimates
The firm’s stock currently is rated by 39 analysts. On average, analysts expect EPS of $0.77 for the current quarter, with a high estimate of $0.9 and a low estimate of $0.56, while EPS last year was $0.31. The consensus estimate for the next quarter is $0.87, with high estimates of $1.03 and low estimates of $0.65.
Analysts are recommending an EPS of between $4.69 and $3 for the fiscal current year, implying an average EPS of $3.8. EPS for the following year is $4.77, with 51 analysts recommending between $6.18 and -$0.33.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 43 analysts. It ranges from a high estimate of $134.93B to a low estimate of $129.51B. As of the current estimate, Amazon.com Inc.’s year-ago sales were $113.91B, an estimated increase of 15.20% from the year-ago figure. For the next quarter, 40 analysts are estimating revenue of $138.23B, an increase of 2.90% less than the figure of $15.20% in the same quarter last year. There is a high estimate of $142.81B for the next quarter, whereas the lowest estimate is $136.04B.
A total of 50 analysts have provided revenue estimates for AMZN’s current fiscal year. The highest revenue estimate was $598.95B, while the lowest revenue estimate was $576.12B, resulting in an average revenue estimate of $590.3B. In the same quarter a year ago, actual revenue was $529.11B, up 11.60% from the average estimate. Based on 49 analysts’ estimates, the company’s revenue will be $657.6B in the next fiscal year. The high estimate is $672.93B and the low estimate is $628.33B. The average revenue growth estimate for next year is up 11.40% from the average revenue estimate for this year.
