Amazon.com Inc. (NASDAQ: AMZN) on Tuesday, soared 0.33% from the previous trading day, before settling in for the closing price of $189.07. Within the past 52 weeks, AMZN’s price has moved between $118.35 and $201.20.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 20.20%. The company achieved an average annual earnings per share of 63.21%. With a float of $9.36 billion, this company’s outstanding shares have now reached $10.38 billion.
The extent of productivity of a business whose workforce counts for 1525000 workers is very important to gauge. In terms of profitability, gross margin is 48.04%, operating margin of 9.0%, and the pretax margin is 8.95%.
Amazon.com Inc. (AMZN) Insider Updates
Observing investor behavior towards Internet Retail industry stocks is more important than anything else. The insider ownership of Amazon.com Inc. is 10.84%, while institutional ownership is 63.27%. The most recent insider transaction that took place on Oct 01 ’24, was worth 646,800. In this transaction CEO Worldwide Amazon Stores of this company sold 3,500 shares at a rate of $184.80, taking the stock ownership to the 514,160 shares. Before that another transaction happened on Sep 24 ’24, when Company’s Senior Vice President sold 2,190 for $195.00, making the entire transaction worth $427,050. This insider now owns 62,420 shares in total.
Amazon.com Inc. (AMZN) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.86 earnings per share (EPS) for the period topping the consensus outlook (set at 0.53) by 0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.35% during the next five years compared to 23.55% growth over the previous five years of trading.
Amazon.com Inc. (NASDAQ: AMZN) Trading Performance Indicators
Amazon.com Inc. (AMZN) is currently performing well based on its current performance indicators. A quick ratio of 0.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.29. Likewise, its price to free cash flow for the trailing twelve months is 41.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.17, a number that is poised to hit 1.14 in the next quarter and is forecasted to reach 5.85 in one year’s time.
Technical Analysis of Amazon.com Inc. (AMZN)
The latest stats from [Amazon.com Inc., AMZN] show that its last 5-days average volume of 28.04 million was inferior to 41.19 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 78.91%. Additionally, its Average True Range was 3.83.
During the past 100 days, Amazon.com Inc.’s (AMZN) raw stochastic average was set at 76.81%, which indicates a significant decrease from 83.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.73% in the past 14 days, which was lower than the 29.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $182.65, while its 200-day Moving Average is $179.12. Now, the first resistance to watch is $191.82. This is followed by the second major resistance level at $193.94. The third major resistance level sits at $196.37. If the price goes on to break the first support level at $187.28, it is likely to go to the next support level at $184.85. Assuming the price breaks the second support level, the third support level stands at $182.73.
Amazon.com Inc. (NASDAQ: AMZN) Key Stats
Market capitalization of the company is 1991.02 billion based on 10,406,627K outstanding shares. Right now, sales total 574,785 M and income totals 30,425 M. The company made 147,977 M in profit during its latest quarter, and 13,485 M in sales during its previous quarter.
