In today’s session, Amazon.com, Inc. (NASDAQ:AMZN)’s stock opened at 519.48 and was trading at 519.75 at the time of writing. In same session, the stock hit a high of 524.45 and low of 511.66. This indicates that the market capitalization of Amazon.com, Inc., a NMS listed firm, stands at 244.72B. The average daily volume in last three months was recorded at 5577490.
Sell-side experts have released their estimates for stock price and earnings of the company. As per the Zacks poll, the price target on Amazon.com, Inc. is set at 738.13. The firm’s EPS in the last year was 1.25, and for this year, it is predicted to come at 4.46. Also, the estimate for the next fiscal is projected at 8.45. Additionally, the EPS for next quarter is expected to come at 0.96.
When explored on the technical front, it is known that the latest stock price is -11.23% away from 50-Day MA/Moving Average of 585.52. Also, it is known that the latest price of Amazon.com, Inc. (NASDAQ:AMZN)’s stock is -25.37%, and +42.14% away from one-year low and high of 365.65 and 696.44, respectively.
The firm’s valuation can be measured by computing price-to-earnings ratio. For now, this ratio of the firm is recorded at 415.80. P/E ratio assesses the stock’s last market price with its earnings. A P/E ratio when is higher calls for investment in the stock. The brokerages estimated the stock’s P/E ratio at 116.54. Meanwhile, the analysts have forecasted its P/E ratio for next year at 61.51.
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