vegassports-odds.com
vegassports-odds.com August 19, 2017


Amazon.com, Inc. (AMZN) Receives $940.95 Average Target Price from Analysts

20 March 2017, 09:16 | Marlene Myers

Amazon.com, Inc. (AMZN) Receives $940.95 Average Target Price from Analysts

Amazon.com, Inc. (AMZN) Receives $940.95 Average Target Price from Analysts

Amazon.com, Inc. closed its last trading session at $852.53 with the gain of 0.05%. (NASDAQ:AMZN) by some 14,465,876 shares, 724 decreased positions by 23,425,019 and 164 held positions by 266,929,329.

Shares of Facebook (FB) are up 11 cents at $140.10, after UBS's Eric Sheridan reiterated his Buy rating on the name, and raised his price target to $165 from $155 on the rising prospect the company will monetize its newer businesses such as WhatsApp and Oculus. Finally, Oarsman Capital Inc. raised its stake in Amazon.com by 1.1% in the fourth quarter. Russell Investments Group Ltd. bought a new stake in Amazon.com during the fourth quarter worth about $373,202,000. WI's holdings in Amazon.com were worth $1,842,000 at the end of the most recent quarter. State Street Corp increased its position in Amazon.com by 3.5% in the fourth quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of Amazon.com by 2.4% in the third quarter. Look at its top three institutional owners. Its 52-week High Value is $860.86 while its 52-week Low value is $538.58. (AMZN) in the open market. The company's 50 day moving average price is $840.63 and its 200-day moving average price is $800.67.

The firm is slightly reducing its target for Amazon's overall share price as a result, to $895/share from $905/share previously. The e-commerce giant reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.19. The company earned $43.74 billion during the quarter, compared to analysts' expectations of $44.66 billion. The Return on Equity (ROE) and Return on Investment values are 13.9 percent and 8 percent respectively. According to these analysts, the Low Revenue Estimate for Amazon.com, Inc.is 34.5 Billion and the High Revenue Estimate is 35.97 Billion. During the same period a year ago, the firm earned $1.00 EPS.

According to the corporate earnings calendar, Amazon.com, Inc. will release next earnings on April 27, 2017 with an estimated EPS consensus of $1.05.

Elizabeth Thomas: Teacher Tad Cummins Suspected In Teen's Disappearance
No matter how far you've gone or what's happening right now, God's grace is sufficient for you and He wants you to come home. On Friday, Cummins' wife, Jill Cummins, plead with her husband during a news conference to bring the Thomas back.

Pujara double ton puts India in charge
The home team's charge was led by Cheteshwar Pujara and useful contributions from Wriddhiman Saha and Ravindra Jadeja. Kohli's declaration ensured that his bowlers could have a few overs while the Australians' minds were tired .

USA asks Hawaii judge to clarify ruling on Trump travel ban
We're going to keep our citizens safe", the president said at a rally in Nashville. "We're gonna win it, we're gonna win it". Trump has moved to appeal against the federal judges emergency halt and take it "as far as it needs to go".

A number of other equities research analysts have also recently issued reports on AMZN. The stock has an average rating of Buy and an average target price of $939.14. Credit Suisse Group AG boosted their price target on shares of Amazon.com from $950.00 to $1,000.00 and gave the stock an outperform rating in a research report on Wednesday, January 11th. Evercore ISI reaffirmed a "buy" rating and issued a $990.00 price objective on shares of Amazon.com in a research note on Monday, November 28th. Finally, Mizuho dropped their price objective on shares of Amazon.com from $920.00 to $905.00 and set a "buy" rating for the company in a research note on Friday, February 3rd. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.30 on scale of 1-5.

In other news, insider David Zapolsky sold 503 shares of Amazon.com stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $850.00, for a total transaction of $427,550.00. Following the sale, the insider now owns 2,523 shares in the company, valued at $2,144,550. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The SEC filing shows that ALBERG TOM A performed a sale of 590 shares.

On 12/9/2016 Jeffrey A Wilke, CEO, sold 4,890 with an average share price of $767.15 per share and the total transaction amounting to $3,751,363.50. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 20,919,431 shares of the stock are valued at $17.84 billion.



Other News

Trending Now

Congress, BJP to Prove Majority in Manipur Floor Test Today
The blockade which was imposed by the United Naga Council (UNC) on November 1 previous year has been in force since then. Singh, from Bharatiya Janata Party, was sworn in as chief minister of Manipur last week.

Legendary Author and Columnist, Jimmy Breslin, Dead at 88
Breslin co-wrote a book about the case, among other novels, eventually ending his column to concentrate on writing books. Breslin was often able to offer New Yorkers an unconventional take on the current events that dominated headlines.

Dallas Puts in Place Additional 911 Call Takers; Continues Investigation into Problem
Rawlings told FOX 4 he was not aware that other cities had experienced problems similar to those in Dallas . But officials said Thursday that it was actually abandoned 911 calls that were a source of the problem.

PSL success: International XI team to visit Pakistan in September
Some media reports said foreign players had been offered up to United States $50,000 in bonus payments to play in the final. It sent out a strong message to the world. "Also the terms and conditions", he said.