Amazon.com, Inc. (NASDAQ:AMZN) – Research analysts at DA Davidson raised their FY2017 earnings per share estimates for Amazon.com in a research report issued on Wednesday. DA Davidson analyst T. Forte now anticipates that the e-commerce giant will post earnings of $4.17 per share for the year, up from their previous estimate of $4.16. DA Davidson currently has a “Buy” rating and a $1,500.00 target price on the stock. DA Davidson also issued estimates for Amazon.com’s Q4 2017 earnings at $1.78 EPS, FY2018 earnings at $10.60 EPS, FY2019 earnings at $16.91 EPS, FY2020 earnings at $25.56 EPS and FY2021 earnings at $34.67 EPS.

Several other equities analysts have also issued reports on AMZN. Mizuho restated a “buy” rating and set a $1,250.00 price target on shares of Amazon.com in a research report on Monday, August 7th. Goldman Sachs Group restated a “conviction-buy” rating and set a $1,275.00 price target on shares of Amazon.com in a research report on Wednesday, August 9th. Tigress Financial restated a “buy” rating on shares of Amazon.com in a research report on Wednesday, August 9th. Piper Jaffray Companies reiterated an “overweight” rating and issued a $1,200.00 price objective on shares of Amazon.com in a research report on Thursday, August 10th. Finally, Cowen reiterated an “outperform” rating and issued a $1,125.00 price objective on shares of Amazon.com in a research report on Thursday, August 10th. Five investment analysts have rated the stock with a hold rating and forty-eight have assigned a buy rating to the stock. Amazon.com presently has a consensus rating of “Buy” and an average price target of $1,207.37.

Amazon.com (NASDAQ:AMZN) opened at $1,162.35 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. Amazon.com has a 1 year low of $736.70 and a 1 year high of $1,213.41. The stock has a market capitalization of $567,043.13, a P/E ratio of 298.67, a P/E/G ratio of 14.74 and a beta of 1.47.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.57). The firm had revenue of $43.74 billion for the quarter, compared to the consensus estimate of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. Amazon.com’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.52 earnings per share.

Several institutional investors have recently made changes to their positions in the company. Osborn Williams & Donohoe LLC grew its stake in shares of Amazon.com by 1.1% during the second quarter. Osborn Williams & Donohoe LLC now owns 915 shares of the e-commerce giant’s stock valued at $886,000 after buying an additional 10 shares during the last quarter. Reinhart Partners Inc. grew its stake in shares of Amazon.com by 66.8% during the first quarter. Reinhart Partners Inc. now owns 789 shares of the e-commerce giant’s stock valued at $699,000 after buying an additional 316 shares during the last quarter. Goelzer Investment Management Inc. grew its stake in shares of Amazon.com by 48.7% during the second quarter. Goelzer Investment Management Inc. now owns 397 shares of the e-commerce giant’s stock valued at $384,000 after buying an additional 130 shares during the last quarter. Lakeview Capital Partners LLC grew its stake in shares of Amazon.com by 19.6% during the second quarter. Lakeview Capital Partners LLC now owns 1,074 shares of the e-commerce giant’s stock valued at $1,040,000 after buying an additional 176 shares during the last quarter. Finally, R. G. Niederhoffer Capital Management Inc. bought a new position in shares of Amazon.com during the second quarter valued at approximately $871,000. Institutional investors and hedge funds own 59.70% of the company’s stock.

In other news, Director Tom A. Alberg sold 1,860 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $1,109.20, for a total value of $2,063,112.00. Following the transaction, the director now directly owns 18,460 shares in the company, valued at $20,475,832. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jeffrey P. Bezos sold 391,110 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total value of $431,601,618.30. Following the completion of the transaction, the chief executive officer now owns 79,891,433 shares in the company, valued at $88,162,593,058.49. The disclosure for this sale can be found here. Insiders have sold 399,538 shares of company stock valued at $441,142,749 in the last three months. 17.70% of the stock is currently owned by corporate insiders.

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About Amazon.com

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 Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

Earnings History and Estimates for Amazon.com (NASDAQ:AMZN)

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