Amazon.com (AMZN) to Release Earnings on Thursday

Amazon.com (NASDAQ:AMZN - Get Free Report) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Amazon.com to post earnings of $1.54 per share and revenue of $187.28 billion for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.14 by $0.29. The business had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The business's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.85 EPS. On average, analysts expect Amazon.com to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Amazon.com Stock Down 1.1 %

Shares of AMZN traded down $2.49 during mid-day trading on Thursday, reaching $234.58. 15,918,459 shares of the stock traded hands, compared to its average volume of 31,575,141. The stock has a fifty day simple moving average of $222.30 and a 200 day simple moving average of $198.30. The firm has a market cap of $2.47 trillion, a price-to-earnings ratio of 50.17, a P/E/G ratio of 1.31 and a beta of 1.14. Amazon.com has a 12-month low of $151.61 and a 12-month high of $241.77. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 5,502 shares of the company's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the completion of 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Matthew S. Garman sold 15,260 shares of the company's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the sale, the chief executive officer now owns 349,261 shares of the company's stock, valued at $69,918,559.59. This trade represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,032,344 shares of company stock valued at $1,253,456,822. 10.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Pivotal Research started coverage on Amazon.com in a research report on Friday, October 11th. They set a "buy" rating and a $260.00 target price on the stock. Wolfe Research lifted their price target on shares of Amazon.com from $250.00 to $270.00 and gave the stock an "outperform" rating in a research note on Friday, January 3rd. Redburn Atlantic raised their price objective on shares of Amazon.com from $225.00 to $235.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Rosenblatt Securities increased their price target on shares of Amazon.com from $221.00 to $236.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Finally, Maxim Group boosted their price objective on Amazon.com from $251.00 to $260.00 and gave the company a "buy" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $249.46.

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.