The Morgan Stanley analyst said that in valuing Amazon’s North America retail business, he’s assuming an 8% long term consolidated segment operating margin on his total revenue estimate of $154 billion for 2020.
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Since May 4, 2015, the stock had 0 insider buys, and 19 sales for $43.98 million net activity. Sanford C. Bernstein reaffirmed a “buy” rating and set a $800.00 target price on shares of Amazon.com in a report on Friday, October 30th. Axiom Securities upped their price target on shares of Amazon.com from $650.00 to $727.00 and gave the company a “buy” rating in a research note on Tuesday, October 27th. Morgan Stanley’s target would suggest a potential upside of 21.27 % from the company’s stock close price.
Amazon.com, Inc. NASDAQ:AMZN has a 50 day moving average of 565.05 United States dollars and a 200 day moving average of 468.15 USD.
(NASDAQ:AMZN) has earned a consensus recommendation of “Buy” from the forty-seven analysts that are now covering the firm, AnalystRatings.NET reports. The shares were sold at an average price of $534.27, for a total transaction of $2,137,080.00. The primary factors that have impacted our rating are mixed – a few indicating strength, a few showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. Monness Crespi & Hardt has “Buy” rating and $705 price target. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $750.00 price objective (up previously from $670.00) on shares of Amazon.com in a research report on Monday, October 26th. The company has a market cap of $307,269 million and the number of outstanding shares have been calculated to be 468,762,010 shares.
Now the company Insiders own 18.2% of Amazon.com, Inc. shares according to the proxy statements.
(NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 22nd.
More than 3.2 million shares have changed hands, which dwarfs the average daily volume of 4.28 million. The business earned $25.36 billion during the quarter, compared to the consensus estimate of $24.91 billion. Analysts expect that Amazon.com will post $1.88 earnings per share for the current year.
Amazon Web Services (AWS), the company’s cloud computing unit, is by far the biggest provider of infrastructure as a service (IaaS), in which client companies rent computers and data storage via the Internet cloud. The Company’s products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable the Company and by third parties to sells products across various product classes. In addition, it manufactures and sells electronic devices, including Kindle ereaders, Fire tablet computers, Fire TVs, Echo and Fire phones.
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Amazon.com, Inc. (Amazon.com) serves consumers through its retail websites and focus on selection, price, and convenience. The Global section focuses on the Company’s operations. It serves programmers and businesses through Amazon Web Services (AWS).
