Predict the market movement for today's market share: Amazon.com, Inc

Predict the market movement for today's market share: Amazon.com, Inc

Predict the market movement for today's market share: Amazon.com, Inc

After $2.16 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91 % negative EPS growth. On Friday, August 26 the stock rating was upgraded by Johnson Rice to "Buy".

(NASDAQ:AMZN) had its price objective lowered by Argus from $1,550.00 to $1,392.05 in a research report issued to clients and investors on Wednesday.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Nomura maintained it with "Buy" rating and $1360 target in Monday, November 20 report. On Friday, February 2 the firm has "Buy" rating given by RBC Capital Markets. Finally, Atlantic Securities set a $980.00 price target on Amazon.com and gave the company a "buy" rating in a research report on Friday, October 28th. Buy rating has been given by 4 analysts to the company stock whereas 0 given UNDERPERFORM rating to stock and 11 given HOLD rating. A rating of a 1 or a 2 would signify a mean Buy view.

Shares of NASDAQ AMZN traded up $41.18 during midday trading on Tuesday, hitting $1,451.75. The company's stock had a trading volume of 1,927,199 shares, compared to its average volume of 6,046,301.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 51 have Buy rating, 0 Sell and 3 Hold. The company has a quick ratio of 0.76, a current ratio of 1.04 and a debt-to-equity ratio of 0.89. Price to earnings ratio (P/E) for AMZN stock is recorded at $317.18.

The Dow and the S&P 500 posted gains for a third day in a row on Thursday, the longest streak in about a month, as shareholders' concerns of an escalating trade conflict between the United States and China eased and their focus on forthcoming earnings grew. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.85 by $0.31. The Return on Equity (ROE) value stands at 12.5%. The company had revenue of $60.45 billion during the quarter, compared to the consensus estimate of $59.85 billion. During the same quarter in the prior year, the firm earned $1.54 EPS.

Earnings forecasts have increased sharply since Congress approved sweeping changes to the US tax law late last year, with first-quarter earnings growth expected to be the highest in seven years.

In related news, CEO Jeffrey A. Wilke sold 2,000 shares of the business's stock in a transaction that occurred on Friday, February 16th.

Inc (NASDAQ: AMZN) shares exhibited a change of 1.33% during most recent session to reach at the closing price of $1410.57. Also, CEO Jeffrey A. Wilke sold 250 shares of the firm's stock in a transaction dated Wednesday, February 28th. The disclosure for this sale can be found here. 9,005 The Procter & Gamble Company (NYSE:PG) shares with value of $739,189 were sold by Posada Juan Fernando. And its ambitions go far beyond online shopping: its Alexa voice assistant is in tablets, cars and its Echo devices; it runs the Whole Foods grocery chain; the company produces movies and TV shows and it designs its own brands of furniture and clothing.

Other large investors have also recently made changes to their positions in the company.

Presently, 16.30% shares of Amazon.com, Inc. Whitnell & Co. now owns 109 shares of the e-commerce giant's stock worth $105,000 after purchasing an additional 93 shares in the last quarter. Finally, Kingfisher Capital LLC boosted its position in shares of Amazon.com by 0.3% during the 2nd quarter. Broadleaf Partners LLC bought a new stake in Amazon.com in the fourth quarter worth approximately $6,772,000. Bronfman E.L. Rothschild L.P. now owns 2,661 shares of the e-commerce giant's stock valued at $2,576,000 after buying an additional 560 shares in the last quarter. Amazon is now down by 3.1 percent. Moody Lynn & Lieberson LLC now owns 21,065 shares of the e-commerce giant's stock worth $15,075,000 after buying an additional 5,601 shares in the last quarter. Wells Fargo reiterated a "buy" rating and set a $1,755.00 target price on shares of Amazon.com in a research report on Tuesday. Telemus Capital Limited Liability Com reported 1.29% in Amazon.com, Inc. It also increased its holding in Gamestop Corp New (NYSE:GME) by 187,015 shares in the quarter, for a total of 1.48M shares, and has risen its stake in Illinois Tool Wks Inc (NYSE:ITW).

Want to see what other hedge funds are holding AMZN? If you are reading this article on another publication, it was illegally stolen and republished in violation of U.S. & worldwide trademark and copyright law. The Company has three segments: North America, International and Amazon Web Services (AWS).

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