Credit Suisse Group's target price indicates a potential upside of 14.46% from the company's current price. The new price forecast is the Street's most ambitious, and reflects a market capitalization of $1.02 trillion by 2019. The "physical stores" generated a 4.3 billion dollar turnover (3.5 billion euro), but there is no comparison possible with the previous year, considering the division was only launched in 2017's third quarter, after Amazon acquired the Whole Foods chain.
Investors sentiment increased to 1.29 in 2017 Q4. The company has kept the price of Prime consistent since the last hike in March 2014, when it jumped to $99 annually from $79. Two research analysts have rated the stock with a hold rating, fifty-one have given a buy rating and one has assigned a strong buy rating to the company's stock. Amazon.com now has a consensus rating of "Buy" and an average price target of $1,639.01. About 12.76M shares traded or 95.76% up from the average. The stock has a market capitalization of $736,164.69, a PE ratio of 345.63, a price-to-earnings-growth ratio of 6.55 and a beta of 1.59. Amazon.com has a 52-week low of $924.33 and a 52-week high of $1,638.10.
(NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, April 26th. The e-commerce giant reported $3.27 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.80 by $1.47. Amazon recently cemented its position at the top of Dealerscope's annual ranking of consumer electronics retailers. Free cash flow decreased to $7.2 billion for the trailing twelve months for this year's report, compared with last year's Q1 report that shows $10.1 billion.More news: Buy JioFi at Rs 999 and get Rs 2200 cashback: Here's how
There are a few other surprises in the works, which Amazon announced this week. The stock was sold at an average price of $1,454.37, for a total transaction of $2,908,740.00. WILKE JEFFREY A also sold $2.91 million worth of Amazon.com, Inc. Corporate insiders own 17.70% of the company's stock. Following the completion of the sale, the vice president now directly owns 6,533 shares of the company's stock, valued at approximately $9,553,336.56. It now has more than 100 million members globally because shoppers value the fact that they can purchase what they want, when they want. (NASDAQ:AMZN). Berson And Corrado Invest Llc has invested 0.25% of its portfolio in Amazon.com, Inc.
Prime subscribers spend nearly twice as much on Amazon - $1,300 per year on average - compared to about $700 for non-Prime members, according to Consumer Intelligence Research Partners.
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