A share price of Amazon.com Inc [AMZN] is currently trading at $232.93, up 2.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMZN shares have gain 3.03% over the last week, with a monthly amount glided 10.14%, 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 December 16, 2024, when UBS reiterated its Buy rating and also boosted its price target to $264 from $230. Previously, Needham reaffirmed its Buy rating on November 14, 2024, and elevated its price target to $250. On November 01, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $235 on the stock. Monness Crespi & Hardt reiterated its Buy rating and increased its price target to $245 on November 01, 2024. Loop Capital reiterated its recommendation of a Buy and raised its price target to $800 on October 16, 2024. Scotiabank started tracking with a Sector Outperform rating for this stock on October 11, 2024, and assigned it a price target of $245. In a note dated October 11, 2024, Pivotal Research Group initiated an Buy rating and provided a target price of $260 on this stock.
Amazon.com Inc experienced fluctuations in its stock price throughout the past year between $144.05 and $231.20. Currently, Wall Street analysts expect the stock to reach $230.04 within the next 12 months. Amazon.com Inc [NASDAQ: AMZN] shares were valued at $232.93 at the most recent close of the market. An investor can expect a potential drop of -1.24% 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 229.63 points at the first support level, and at 226.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 234.62, and for the 2nd resistance point, it is at 236.30.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Amazon.com Inc [NASDAQ:AMZN] is 1.09. As well, the Quick Ratio is 0.87, while the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 3.92, the price to book ratio is 9.45 and price to earnings (TTM) ratio is 49.92.
Transactions by insiders
Recent insider trading involved RUBINSTEIN JONATHAN, Director, that happened on Dec 09 ’24 when 4351.0 shares were sold. Director, RUBINSTEIN JONATHAN completed a deal on Dec 09 ’24 to buy 4351.0 shares. Meanwhile, Director RUBINSTEIN JONATHAN sold 4549.0 shares on Dec 04 ’24.
