Amazon.com (NASDAQ: AMZN) has been looking to meet its schedule and post its latest data on earnings on 29th April, Thursday. An EPS worth $9.98 is expected to be reported by analysts
Stock Commentary On AMZN
In its latest earnings announcement on 1st February, Monday, AMZN reported an EPS of $14.09, overshooting the estimated $7.05. A 4.99% net margin was reported as well. On Thursday, the stock opened with a value of $3362.02. The highest and the lowest value of the stock over a period of 52 weeks stands at $3552.25 and $2256.38 respectively. The market capitalization value of the company stands at $1.69T with a 1.19 beta. The rolling average of the stock over 50 days stands at $3160.89 while that of 200 days stands at $3192.80.
Several research analysts have issued their reports on the stock recently. Susquehanna Bancshares increased their objective price to $5220 from $4000 and issued a rating of “positive” on 3rd February, Wednesday. Credit Suisse Group reissued a rating of “buy” on Monday. Canaccord Genuity increased their price target to $4100 from $3800 while issuing a rating of “buy” on 3rd February, Wednesday. Pivotal Research upped their target price to $4650 from $4500 while issuing a rating of “buy” on 3rd February, Wednesday. Finally, JPMorgan Chase & Co. re-issued a rating of “overweight” upped their objective price to $4400 from $4155 on 3rd February, Wednesday for AMZN.
David H. Clark, the CEO, sold off 1019 AMZN shares on 16th February, Tuesday at a $3257.88 average price per share. Judith A. McGrath, the Director, sold off 340 shares on 4th February, Thursday at a $3328.35 average price per share.
One institutional investor acquired a position recently in AMZN stock. OLD Mission Capital LLC bought the new stake, which is 192 shares. It has an approximate value of $605000. Hedge funds and institutional investors have 56.39% of AMZN stock in their possession.
