Amazon.com Inc [NASDAQ: AMZN] traded at a high on Friday, posting a 2.94 gain after which it closed the day’ session at $227.03.
The results of the trading session contributed to over 44053131 shares changing hands. Over the past one week, the price volatility of Amazon.com Inc stands at 2.18% while the volatility over the past one month is 2.25%.
The market cap for AMZN stock reached $2457.36 billion, with 10.51 billion shares outstanding and 9.39 billion shares in the current float. Compared to the average trading volume of 38.41M shares, AMZN reached a trading volume of 44053131 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Amazon.com Inc [AMZN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMZN shares is $236.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMZN stock is a recommendation set at 1.27. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Amazon.com Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 14, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $215 to $235. The new note on the price target was released on November 01, 2024, representing the official price target for Amazon.com Inc stock. Previously, the target price had yet another raise from $225 to $245, while Monness Crespi & Hardt kept a Buy rating on AMZN stock. On October 16, 2024, analysts increased their price target for AMZN shares from 750 to 800.
The Average True Range (ATR) for Amazon.com Inc is set at 5.19, with the Price to Sales ratio for AMZN stock in the period of the last 12 months amounting to 3.96. The Price to Book ratio for the last quarter was 9.21, with the Price to Cash per share for the same quarter was set at 8.47. Price to Free Cash Flow for AMZN in the course of the last twelve months was 57.21 with Quick ratio for the last quarter at 0.87.
How has AMZN stock performed recently?
Amazon.com Inc [AMZN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.21. With this latest performance, AMZN shares gained by 9.63% in over the last four-week period, additionally plugging by 23.19% over the last 6 months – not to mention a rise of 57.09% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMZN stock in for the last two-week period is set at 73.26, with the RSI for the last a single of trading hit 79.23, and the three-weeks RSI is set at 69.57 for Amazon.com Inc [AMZN]. The present Moving Average for the last 50 days of trading for this stock 197.03, while it was recorded at 217.98 for the last single week of trading, and 185.69 for the last 200 days.
Amazon.com Inc [AMZN]: Deeper insight into the fundamentals
Amazon.com Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.87 and a Current Ratio set at 1.09.
Earnings analysis for Amazon.com Inc [AMZN]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMZN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Amazon.com Inc go to 21.00%.
Insider trade positions for Amazon.com Inc [AMZN]
There are presently around $64.32%, or 71.56%% of AMZN stock, in the hands of institutional investors. The top three institutional holders of AMZN stocks are: VANGUARD GROUP INC with ownership of 767.07 million shares, which is approximately 7.3806%. BLACKROCK INC., holding 648.7 million shares of the stock with an approximate value of $$125.36 billion in AMZN stocks shares; and BLACKROCK INC., currently with $$67.21 billion in AMZN stock with ownership which is approximately 3.3466%.
