Speaking to journalists aboard Air Force One on Thursday, President Trump said that he will spend more time exploring ways that his administration can regulate the e-commerce giant. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 38.125344, and a current Price to Earnings ratio of 231.718629. (NASDAQ:AMZN) executives have held talks with JPMorgan (JPM) in March, about a white-label checking account service. RBC Capital Markets has "Hold" rating and $80.0 target. However, Amazon.com, Inc.'s stock still has good chances and the whole Catalog & Mail Order Houses may benefit from its progress.
Loop Capital set a $1,700.00 price objective on Amazon.com (NASDAQ:AMZN) in a research note issued to investors on Tuesday, March 27th. Jefferies Group also issued estimates for Amazon.com's Q2 2018 earnings at $1.42 EPS, Q3 2018 earnings at $1.05 EPS, Q4 2018 earnings at $4.39 EPS and FY2019 earnings at $15.62 EPS. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating, forty-eight have assigned a buy rating and two have given a strong buy rating to the stock.
AMZN stock opened at $1,451.75 on Friday. The company had Year Ago Sales of 35.71 Billion. Amazon.com, Inc. has a 12-month low of $884.49 and a 12-month high of $1,617.54. The company has a quick ratio of 0.76, a current ratio of 1.04 and a debt-to-equity ratio of 0.89. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.35 on scale of 1-5. The business earned $32.71 billion during the quarter, compared to analyst estimates of $32.69 billion.
Amazon.com, Inc. (NASDAQ:AMZN) yearly performance is 60.09% and net profit margin is 1.70%. During the same period previous year, the firm posted $1.54 earnings per share. Also, Director Tom A. Alberg sold 670 shares of the business's stock in a transaction that occurred on Wednesday, February 21st. The Average Volume is a very popular concept in capital markets, which is generally used as the number of shares that shuffles during the daily activity in the stock market. Following the sale, the director now directly owns 14,159 shares of the company's stock, valued at $21,238,500. During the past week, the stock's average weekly volatility was 4.55% and 2.91% volatility over the past 30 days. The stock was sold at an average price of $1,518.47, for a total value of $379,617.50. The disclosure for this sale can be found here.
Several other institutional investors have also recently modified their holdings of AMZN. WI grew its stake in shares of Amazon.com by 13.7% in the 3rd quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant's stock worth $105,000 after purchasing an additional 93 shares in the last quarter. Westfield Capital Management Limited Partnership invested in 225,973 shares. Pekin Singer Strauss Asset Management IL's holdings in Amazon.com were worth $1,453,000 as of its most recent SEC filing. The firm owned 3,815 shares of the e-commerce giant's stock after purchasing an additional 162 shares during the period. Noesis Capital Mangement Corp increased its position in Amazon.com by 0.8% in the second quarter. 9,005 The Procter & Gamble Company (NYSE:PG) shares with value of $739,189 were sold by Posada Juan Fernando. Bronfman E.L. Rothschild L.P. increased its position in shares of Amazon.com by 26.7% in the second quarter. Broadleaf Partners LLC bought a new stake in shares of Amazon.com in the 4th quarter valued at approximately $6,772,000. Exencial Wealth Advisors LLC now owns 395 shares of the e-commerce giant's stock worth $382,000 after purchasing an additional 5 shares during the last quarter. Stock Trading Point (STP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own.
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Amazon.com, Inc offers a range of products and services through its Websites.
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