Analyst Ratings for Amazon.com Inc. (AMZN)Updated: 2017-07-27
An average rating of Buy has been given to Amazon.com Inc. (NASDAQ:AMZN) by analysts covering the stock. AMZN had previously received a consensus rating of Buy a month ago.
43 analysts issued ratings on the stock, where 33 gave AMZN a buy rating, 4 issued an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 1.
Several price targets were given for AMZN by the analysts covering the stock. The most optimistic price target was 1300, which equates to a potential upside of 24.28 percent. The minimum price target given was 640, which equates to a potential downside of -38.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.01 percent on average, compared to last month. That number becomes -17.71 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.21 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -7.73 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
AMZN has an estimated earnings growth rate of 20.46 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AMZN is 9.62.
AMZN has traded between a high of 1083.31 and a low of 710.10 over the past year. The current market price is above the trailing year's low by 47.3 percent, and 3.44 percent below the high. AMZN has a P/E ratio of 196.83. Investors typically compare the P/E ratio to a company's peers in the industry. The AMZN value stock report compares AMZN to some of its peers using value stock charts. The market cap of AMZN is $503.21 billion. AMZN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.