With 28.01 million shares changed hands, the volume of the stock remained lighter than its average volume of 37.51 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $228.381 whereas the lowest price it dropped to was $221.46. The 52-week range on AMZN shows that it touched its highest point at $233.00 and its lowest point at $146.15 during that stretch. It currently has a 1-year price target of $244.96. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMZN was up-trending over the past week, with a rise of 0.37%, but this was up by 0.71% over a month. Three-month performance surged to 22.85% while six-month performance rose 11.42%. The stock gained 52.93% in the past year, while it has gained 1.24% so far this year. A look at the trailing 12-month EPS for AMZN yields 4.67 with Next year EPS estimates of 6.28. For the next quarter, that number is 1.47. This implies an EPS growth rate of 77.23% for this year and 22.12% for next year. EPS is expected to grow by 18.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.55%.
Float and Shares Shorts:
At present, 10.51 billion AMZN shares are outstanding with a float of 9.39 billion shares on hand for trading. On 2024-12-13, short shares totaled 83.3 million, which was 79.00001 higher than short shares on 1731628800. In addition to Mr. Jeffrey P. Bezos as the firm’s Founder & Executive Chairman, Mr. Andrew R. Jassy serves as its President, CEO & Director.
Institutional Ownership:
Through their ownership of 0.64322996 of AMZN’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AMZN reported revenue of $158877000000.0 and operating income of $17411000000.0. The EBITDA in the recently reported quarter was $32100000000.0 and diluted EPS was $1.43.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMZN since 44 analysts follow the stock currently. There are 40 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AMZN analysts setting a high price target of 285.0 and a low target of 180.0, the average target price over the next 12 months is 241.71407. Based on these targets, AMZN could surge 28.31% to reach the target high and fall by -18.96% to reach the target low. Reaching the average price target will result in a growth of 8.83% from current levels.
Analysts have provided yearly estimates in a range of $5.43622 being high and $4.96092 being low. For AMZN, this leads to a yearly average estimate of $5.13916.