Amazon.com (AMZN) to Release Quarterly Earnings on Thursday

Amazon.com (NASDAQ:AMZN) is projected to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Amazon.com to post earnings of $1.52 per share and revenue of $187.25 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Amazon.com Price Performance

Shares of Amazon.com stock opened at $242.06 on Wednesday. The stock has a market capitalization of $2.55 trillion, a P/E ratio of 51.83, a PEG ratio of 1.35 and a beta of 1.15. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The business’s fifty day moving average price is $224.55 and its 200 day moving average price is $199.36. Amazon.com has a twelve month low of $151.61 and a twelve month high of $242.52.

Wall Street Analyst Weigh In

AMZN has been the subject of several analyst reports. Susquehanna upped their target price on Amazon.com from $220.00 to $230.00 and gave the stock a “positive” rating in a research report on Friday, November 1st. Stifel Nicolaus boosted their price target on Amazon.com from $224.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $225.00 to $232.00 and gave the company a “buy” rating in a research report on Friday, November 1st. JMP Securities reissued a “market outperform” rating and set a $285.00 target price on shares of Amazon.com in a research report on Thursday, January 30th. Finally, DA Davidson reaffirmed a “buy” rating and set a $235.00 price target on shares of Amazon.com in a report on Thursday, October 10th. Two investment analysts have rated the stock with a hold rating, forty-one have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $252.56.

Insider Transactions at Amazon.com

In other Amazon.com news, Director Daniel P. Huttenlocher sold 1,237 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $199.06, for a total transaction of $246,237.22. Following the sale, the director now directly owns 24,912 shares of the company’s stock, valued at $4,958,982.72. The trade was a 4.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $208.85, for a total value of $625,790,203.70. Following the completion of the sale, the insider now owns 917,416,976 shares of the company’s stock, valued at $191,602,535,437.60. The trade was a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,027,340 shares of company stock valued at $1,252,456,773 in the last three months. 10.80% of the stock is currently owned by corporate insiders.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.