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Amazon.com stock has undergone multiple analysts rating changes in the recent past. Amazon.com stock Target Raised by Deutsche Bank AG on 6/26/2020. In a note to investors, the firm issued a new target price of $3,333.00. The analysts previously had $2,750.00 target price. Deutsche Bank AG’s price target would indicate a potential upside of 21.00% from the stock’s previous close.
Shares of Amazon.com traded up $13.26 on Friday, reaching $2,767.85. 56686 shares of the stock traded hands, compared to its average volume of 3908304. Shares of AMZN
Amazon.com were trading at $2,767.85 on Friday. The firm’s 50 day moving average is $$2,469.29 and its 200 day moving average is $2,012.13.Amazon.com has a 12 month low of $2,765.16 and a 12 month high of $2,796.00. While on yearly highs and lows, Amazon.com today has traded high as $2,775.06 and has touched $2,765.16 on the downward trend.
Amazon.com Earnings and What to expect:
Amazon.com last announced its quarterly earnings results on April 30th, 2020. The e-commerce giant reported $5.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.36 by $1.35. The business had revenue of $75.45 billion for the quarter, compared to analysts’ expectations of $74.15 billion. Its revenue for the quarter was up 26.4% on a year-over-year basis. Amazon.com has generated $23.01 earnings per share over the last year and currently has a price-to-earnings ratio of 131.6. Amazon.com has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, July 23rd, 2020 based off prior year’s report dates.
Earnings for Amazon.com are expected to grow by 91.51% in the coming year, from $20.02 to $38.34 per share. The P/E ratio of Amazon.com is 131.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.49. The P/E ratio of Amazon.com is 131.61, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 41.09. Amazon.com has a PEG Ratio of 5.58. PEG Ratios above 1 indicate that a company could be overvalued. Amazon.com has a P/B Ratio of 22.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Latest Insiders Trading and Volume :
- Insider Ownership Percentage: 16.10%
- On 5/6/2020 Director Patricia Q Stonesifer Sell 2,200 at average share price of $2,329.44 which equates to $5,124,768.00 in money value.
- On 5/4/2020 CEO Andrew R Jassy Sell 6,945 at average price of $2,256.50 with total value of : Not Data Available
- On 4/15/2020 SVP David Zapolsky Sell 352 at average price of $2,300.19 with total value of : $809,666.88
- See More Analyst Rating at: RATING
Other Analyst’s rating for Amazon.com
- 6/26/2020 – Amazon.com had its price target raised by analysts at SunTrust Banks, Inc. from $2,700.00 to $3,400.00. They now have a “buy” rating on the stock.
- 6/24/2020 – Amazon.com is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $3,200.00 price target on the stock.
- 6/24/2020 – Amazon.com had its price target raised by analysts at Wedbush from $2,750.00 to $3,050.00. They now have an “outperform” rating on the stock.
- 6/22/2020 – Amazon.com had its “buy” rating re-affirmed by analysts at William Blair.
- See More Analyst Rating at: RATING
Other rating updates by Deutsche Bank AG:
- 6/26/2020 – Tesla had its price target raised by analysts at Deutsche Bank AG from $850.00 to $900.00. They now have a “hold” rating on the stock.
- 6/26/2020 – eBay was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating. They now have a $57.00 price target on the stock.
- 6/26/2020 – BAE Systems had its “buy” rating re-affirmed by analysts at Deutsche Bank AG.
- 6/26/2020 – Royal Mail had its “hold” rating re-affirmed by analysts at Deutsche Bank AG.
- See More Analyst Rating at: RATING
Amazon.com (NASDAQ:AMZN) Moving Average Technical Analysis
5 day Moving Average is $$2,728.44 And 5 day price change is $100.60 (3.79%) with average volume for 5 day average is 4,142,500. While technical analysis for average 20 days shows significant difference, 20 day moving average is $2,590.42 and 20 day price change is $353.48 (14.72%) and average 20 day moving volume is 3,844,020. 50 day moving average is $2,469.29 and 50 day price change is $446.90 ( 19.37%) and with average volume for 50 days is : 4,546,882. 200 day moving average is $2,012.13 and 200 day price change is $934.03 (51.30%) and with average volume for 200 days is : 4,296,382.
See More Analyst Rating at: RATING
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