At the time of writing, Amazon.com Inc. [AMZN] stock is trading at $199.29, down -0.36%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AMZN shares have gain 3.13% over the last week, with a monthly amount glided 9.93%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Amazon.com Inc. [NASDAQ: AMZN] stock has seen the most recent analyst activity on May 01, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $215 from $200. Previously, Monness Crespi & Hardt reaffirmed its Buy rating on May 01, 2024, and elevated its price target to $225. On May 01, 2024, Maxim Group reiterated its Buy rating and revised its price target to $238 on the stock. Truist reiterated its Buy rating and increased its price target to $216 on April 17, 2024. Maxim Group initiated its recommendation with a Buy and recommended $218 as its price target on April 17, 2024. Wolfe Research reiterated a Outperform rating for this stock on February 02, 2024, and upped its price target to $205. In a note dated February 02, 2024, Wells Fargo reiterated an Overweight rating on this stock and boosted its target price from $197 to $211.
For the past year, the stock price of Amazon.com Inc. fluctuated between $118.35 and $200.55. Currently, Wall Street analysts expect the stock to reach $187.26 within the next 12 months. Amazon.com Inc. [NASDAQ: AMZN] shares were valued at $199.29 at the most recent close of the market. An investor can expect a potential drop of -6.04% based on the average AMZN price forecast.
Analyzing the AMZN fundamentals
According to Amazon.com Inc. [NASDAQ:AMZN], the company’s sales were 590.74B for trailing twelve months, which represents an 12.53% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.2 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 197.77 points at the first support level, and at 196.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 201.01, and for the 2nd resistance point, it is at 202.72.
Ratios To Look Out For
It is important to note that Amazon.com Inc. [NASDAQ:AMZN] has a current ratio of 1.07. In addition, the Quick Ratio stands at 0.87 and the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 3.51, the price to book ratio is 9.57 and price to earnings (TTM) ratio is 55.97.
Transactions by insiders
Recent insider trading involved BEZOS JEFFREY P, Executive Chair, that happened on Jul 03 ’24 when 0.2 million shares were sold. Executive Chair, BEZOS JEFFREY P completed a deal on Jul 02 ’24 to sell 1.46 million shares. Meanwhile, CEO Worldwide Amazon Stores Herrington Douglas J sold 12500.0 shares on Jul 02 ’24.
