Amazon.com (AMZN) Expected to Announce Quarterly Earnings on Thursday

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

Amazon.com Stock Performance

AMZN stock opened at $237.42 on Tuesday. Amazon.com has a 1-year low of $151.61 and a 1-year high of $241.77. The business has a 50-day moving average price of $223.83 and a 200 day moving average price of $198.98. The company has a market capitalization of $2.50 trillion, a P/E ratio of 50.84, a PEG ratio of 1.35 and a beta of 1.15. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 5,502 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the sale, the chief executive officer now directly owns 518,911 shares of the company’s stock, valued at approximately $106,797,072.91. This represents a 1.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Daniel P. Huttenlocher sold 1,237 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total transaction of $246,237.22. Following the sale, the director now owns 24,912 shares in the company, valued at approximately $4,958,982.72. This trade represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 6,027,340 shares of company stock valued at $1,252,456,773 over the last quarter. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of several research reports. Sanford C. Bernstein upped their price target on shares of Amazon.com from $235.00 to $265.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. Scotiabank increased their target price on Amazon.com from $246.00 to $306.00 and gave the company a “sector outperform” rating in a research report on Friday, January 24th. The Goldman Sachs Group boosted their price target on Amazon.com from $230.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Jefferies Financial Group lifted their target price on Amazon.com from $235.00 to $275.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Finally, Benchmark increased their price target on shares of Amazon.com from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Two research 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $251.44.

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.