Amazon Stock Price Today – Barclays Reaffirms Buy Rating for Amazon.com (NASDAQ:AMZN)
Amazon.com (NASDAQ:AMZN)‘s stock had its “buy” rating restated by analysts at Barclays in a report issued on Monday, Borsen Zeitung reports.
AMZN has been the subject of a number of other research reports. Raymond James lifted their price objective on shares of Amazon.com from $4,000.00 to $4,125.00 and gave the company an “outperform” rating in a report on Friday. BMO Capital Markets raised their target price on shares of Amazon.com from $4,200.00 to $4,300.00 and gave the company an “outperform” rating in a research report on Friday. Evercore ISI raised their target price on shares of Amazon.com from $4,000.00 to $4,500.00 and gave the company an “outperform” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft raised their target price on shares of Amazon.com from $4,050.00 to $4,250.00 and gave the company a “buy” rating in a research report on Wednesday, February 3rd. Finally, Susquehanna Bancshares lifted their price objective on shares of Amazon.com from $5,200.00 to $5,500.00 and gave the stock a “positive” rating in a research report on Friday. Two investment analysts have rated the stock with a hold rating and forty-six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $4,094.67.
Amazon.com stock opened at $3,467.42 on Monday. The firm has a 50-day moving average price of $3,226.87 and a 200-day moving average price of $3,199.49. The firm has a market capitalization of $1.75 trillion, a PE ratio of 101.53, a price-to-earnings-growth ratio of 2.37 and a beta of 1.19. The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 0.40. Amazon.com has a 12-month low of $2,256.38 and a 12-month high of $3,554.00.
Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Wednesday, April 28th. The e-commerce giant reported $15.79 earnings per share for the quarter, beating analysts’ consensus estimates of $9.54 by $6.25. Amazon.com had a net margin of 4.99% and a return on equity of 24.49%. As a group, sell-side analysts predict that Amazon.com will post 34.59 earnings per share for the current fiscal year.
In other news, Director Judith A. Mcgrath sold 340 shares of the firm’s stock in a transaction that occurred on Thursday, February 4th. The shares were sold at an average price of $3,328.35, for a total transaction of $1,131,639.00. Following the transaction, the director now directly owns 1,984 shares in the company, valued at $6,603,446.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO David H. Clark sold 1,019 shares of the firm’s stock in a transaction that occurred on Tuesday, February 16th. The stock was sold at an average price of $3,257.88, for a total transaction of $3,319,779.72. Following the transaction, the chief executive officer now owns 1,452 shares in the company, valued at $4,730,441.76. The disclosure for this sale can be found here. Corporate insiders own 16.10% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the company. Advanced Research Investment Solutions LLC purchased a new position in shares of Amazon.com during the fourth quarter worth approximately $26,000. Resolute Partners Group acquired a new stake in shares of Amazon.com during the fourth quarter worth $26,000. Fusion Family Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth $31,000. Cowa LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth $32,000. Finally, Tacita Capital Inc acquired a new stake in shares of Amazon.com during the fourth quarter worth $39,000. Institutional investors and hedge funds own 56.39% of the company’s stock.
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores.
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