Amazon.com Inc. (NASDAQ: AMZN) is -29.64% lower on its value in year-to-date trading and has touched a low of $101.26 and a high of $188.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMZN stock was last observed hovering at around $118.54 in the last trading session, with the day’s loss setting it -1.23%.
Currently trading at $117.31, the stock is -8.64% and -9.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 55.05 million and changing -1.04% at the moment leaves the stock -15.81% off its SMA200. AMZN registered -30.59% loss for a year compared to 6-month loss of -28.21%.
The stock witnessed a -12.21% gain in the last 1 month and extending the period to 3 months gives it a 4.33%, and is -7.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.87% over the week and 3.10% over the month.
Amazon.com Inc. (AMZN) has around 1523000 employees, a market worth around $1221.71B and $485.90B in sales. Current P/E ratio is 105.49 and Fwd P/E is 50.74. Profit margin for the company is 2.40%. Distance from 52-week low is 15.85% and -37.64% from its 52-week high. The company has generated returns on investments over the last 12 months (9.50%).
Amazon.com Inc. (AMZN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Amazon.com Inc. (AMZN) is a “Buy”. 52 analysts offering their recommendations for the stock have an average rating of 1.70, where 3 rate it as a Hold and 7 think it is a “Overweight”. 41 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Amazon.com Inc. is expected to release its quarterly report on 10/27/2022.The EPS is expected to grow by 54.90% this year
Amazon.com Inc. (AMZN) Top Institutional Holders
The shares outstanding are 10.18B, and float is at 9.18B with Short Float at 0.78%.
Amazon.com Inc. (AMZN) Insider Activity
A total of 57 insider transactions have happened at Amazon.com Inc. (AMZN) in the last six months, with sales accounting for 36 and purchases happening 21 times. The most recent transaction is an insider sale by Selipsky Adam, the company’s CEO Amazon Web Services. SEC filings show that Selipsky Adam sold 500 shares of the company’s common stock on Sep 15 at a price of $128.47 per share for a total of $64236.0. Following the sale, the insider now owns 0.12 million shares.
Amazon.com Inc. disclosed in a document filed with the SEC on Sep 14 that Selipsky Adam (CEO Amazon Web Services) sold a total of 520 shares of the company’s common stock. The trade occurred on Sep 14 and was made at $127.43 per share for $66263.0. Following the transaction, the insider now directly holds 0.12 million shares of the AMZN stock.
Still, SEC filings show that on Aug 31, Selipsky Adam (CEO Amazon Web Services) disposed off 500 shares at an average price of $128.58 for $64291.0. The insider now directly holds 116,200 shares of Amazon.com Inc. (AMZN).
Amazon.com Inc. (AMZN): Who are the competitors?
The company’s main competitors (and peers) include Apple Inc. (AAPL) that is trading 4.72% up over the past 12 months and Microsoft Corporation (MSFT) that is -19.29% lower over the same period. Alphabet Inc. (GOOG) is -28.64% down on the 1-year trading charts.