A share price of Amazon.com Inc [AMZN] is currently trading at $210.71, up 1.36%. 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 6.89% over the last week, with a monthly amount glided 13.04%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Amazon.com Inc [NASDAQ: AMZN] stock has seen the most recent analyst activity on November 14, 2024, when Needham reiterated its Buy rating and also boosted its price target to $250 from $210. Previously, Telsey Advisory Group reaffirmed its Outperform rating on November 01, 2024, and elevated its price target to $235. On November 01, 2024, Monness Crespi & Hardt reiterated its Buy rating and revised its price target to $245 on the stock. Loop Capital reiterated its Buy rating and increased its price target to $800 on October 16, 2024. Scotiabank initiated its recommendation with a Sector Outperform and recommended $245 as its price target on October 11, 2024. Pivotal Research Group started tracking with a Buy rating for this stock on October 11, 2024, and assigned it a price target of $260. In a note dated October 09, 2024, Cantor Fitzgerald reiterated an Overweight rating on this stock and revised its target price from $230 to $210.
Amazon.com Inc experienced fluctuations in its stock price throughout the past year between $142.81 and $215.90. Currently, Wall Street analysts expect the stock to reach $208.3 within the next 12 months. Amazon.com Inc [NASDAQ: AMZN] shares were valued at $210.71 at the most recent close of the market. An investor can expect a potential drop of -1.14% based on the average AMZN price forecast.
Analyzing the AMZN fundamentals
Trailing Twelve Months sales for Amazon.com Inc [NASDAQ:AMZN] were 620.13B which represents 11.04% growth. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.22 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
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 209.15 points at the first support level, and at 207.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 212.63, and for the 2nd resistance point, it is at 214.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Amazon.com Inc [NASDAQ:AMZN] is 1.09. In addition, the Quick Ratio stands at 0.87 and the Cash Ratio stands at 0.47. Considering the valuation of this stock, the price to sales ratio is 3.61, the price to book ratio is 8.55 and price to earnings (TTM) ratio is 45.16.
Transactions by insiders
Recent insider trading involved Jassy Andrew R, President and CEO, that happened on Nov 21 ’24 when 20784.0 shares were sold. CEO Worldwide Amazon Stores, Herrington Douglas J completed a deal on Nov 21 ’24 to sell 6104.0 shares. Meanwhile, Senior Vice President and CFO Olsavsky Brian T sold 14600.0 shares on Nov 21 ’24.
