Equities research analysts expect that Amazon.com, Inc. (NASDAQ:AMZN) will report earnings per share of $1.38 for the current quarter, according to Zacks Investment Research. Eleven analysts have made estimates for Amazon.com’s earnings, with the lowest EPS estimate coming in at $1.04 and the highest estimate coming in at $1.66. Amazon.com reported earnings of $1.78 per share in the same quarter last year, which suggests a negative year over year growth rate of 22.5%. The business is scheduled to announce its next quarterly earnings report on Thursday, July 27th.

According to Zacks, analysts expect that Amazon.com will report full year earnings of $6.57 per share for the current financial year, with EPS estimates ranging from $5.10 to $8.21. For the next financial year, analysts expect that the company will post earnings of $11.36 per share, with EPS estimates ranging from $7.63 to $15.00. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover Amazon.com.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, April 27th. The e-commerce giant reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.45. The company had revenue of $35.71 billion during the quarter, compared to the consensus estimate of $35.31 billion. Amazon.com had a return on equity of 13.72% and a net margin of 1.81%. The firm’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.07 earnings per share.

A number of research analysts have recently commented on the company. Jefferies Group LLC reiterated a “buy” rating and issued a $1,150.00 price target on shares of Amazon.com in a research note on Friday. Cantor Fitzgerald reiterated a “buy” rating and issued a $1,050.00 price target on shares of Amazon.com in a research note on Friday. Canaccord Genuity increased their price target on Amazon.com from $1,150.00 to $1,200.00 and gave the company a “buy” rating in a research note on Friday. Instinet dropped their price target on Amazon.com from $1,100.00 to $975.00 and set a “buy” rating for the company in a research note on Friday. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Amazon.com in a research note on Friday. Five equities research analysts have rated the stock with a hold rating and forty-six have assigned a buy rating to the stock. Amazon.com has a consensus rating of “Buy” and a consensus price target of $1,016.79.

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In related news, CEO Jeffrey A. Wilke sold 2,670 shares of the stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $1,010.64, for a total value of $2,698,408.80. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $10,106,400. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jeffrey A. Wilke sold 2,000 shares of the stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $1,011.06, for a total transaction of $2,022,120.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $10,110,600. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,013,380 shares of company stock valued at $953,846,866. 17.70% of the stock is owned by insiders.

A number of large investors have recently made changes to their positions in AMZN. Stillwater Capital Advisors LLC boosted its stake in shares of Amazon.com by 0.4% in the first quarter. Stillwater Capital Advisors LLC now owns 526 shares of the e-commerce giant’s stock worth $466,000 after buying an additional 2 shares during the period. Beese Fulmer Investment Management Inc. boosted its stake in shares of Amazon.com by 0.7% in the first quarter. Beese Fulmer Investment Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $256,000 after buying an additional 2 shares during the period. Round Table Services LLC boosted its stake in shares of Amazon.com by 0.3% in the first quarter. Round Table Services LLC now owns 701 shares of the e-commerce giant’s stock worth $621,000 after buying an additional 2 shares during the period. Probity Advisors Inc. boosted its stake in shares of Amazon.com by 0.6% in the first quarter. Probity Advisors Inc. now owns 318 shares of the e-commerce giant’s stock worth $282,000 after buying an additional 2 shares during the period. Finally, Naples Global Advisors LLC boosted its stake in shares of Amazon.com by 0.3% in the first quarter. Naples Global Advisors LLC now owns 1,078 shares of the e-commerce giant’s stock worth $956,000 after buying an additional 3 shares during the period. Institutional investors and hedge funds own 63.43% of the company’s stock.

Amazon.com (AMZN) traded up 2.44% during midday trading on Wednesday, hitting $987.71. The stock had a trading volume of 11,472,662 shares. Amazon.com has a 52 week low of $682.12 and a 52 week high of $1,016.50. The company has a market capitalization of $472.10 billion, a PE ratio of 186.01 and a beta of 1.47. The company’s 50-day moving average price is $970.64 and its 200 day moving average price is $865.45.

Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.

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