Seaport Res Ptn Forecasts Reduced Earnings for Amazon.com

Amazon.com, Inc. (NASDAQ:AMZN - Free Report) - Equities researchers at Seaport Res Ptn dropped their FY2026 EPS estimates for Amazon.com in a note issued to investors on Friday, May 2nd. Seaport Res Ptn analyst A. Kessler now forecasts that the e-commerce giant will post earnings per share of $7.34 for the year, down from their previous estimate of $7.59. The consensus estimate for Amazon.com's current full-year earnings is $6.31 per share.

Other research analysts also recently issued research reports about the stock. Benchmark reiterated a "buy" rating and issued a $260.00 target price on shares of Amazon.com in a report on Friday. UBS Group reissued a "buy" rating on shares of Amazon.com in a research report on Tuesday. Bank of America decreased their target price on Amazon.com from $257.00 to $225.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Cantor Fitzgerald lifted their price target on Amazon.com from $230.00 to $240.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Needham & Company LLC reissued a "buy" rating and issued a $220.00 price objective on shares of Amazon.com in a research report on Friday. Four equities research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $244.09.

Amazon.com Stock Performance

Shares of NASDAQ:AMZN traded down $1.34 during trading on Monday, reaching $185.01. The stock had a trading volume of 28,305,174 shares, compared to its average volume of 41,616,201. The stock has a fifty day simple moving average of $189.92 and a two-hundred day simple moving average of $208.04. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. Amazon.com has a 52 week low of $151.61 and a 52 week high of $242.52. The firm has a market capitalization of $1.96 trillion, a price-to-earnings ratio of 33.46, a P/E/G ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. The business had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The firm's revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $0.98 EPS.

Insider Buying and Selling at Amazon.com

In related news, CEO Douglas J. Herrington sold 27,500 shares of the firm's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total value of $6,332,425.00. Following the completion of the sale, the chief executive officer now owns 497,067 shares of the company's stock, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.60. Following the transaction, the chief executive officer now directly owns 2,118,886 shares in the company, valued at approximately $467,532,195.90. This represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 107,298 shares of company stock worth $23,818,478. 9.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Momentous Wealth Management Inc. bought a new position in Amazon.com in the fourth quarter valued at approximately $749,000. Rench Wealth Management Inc. boosted its position in shares of Amazon.com by 7.9% in the 3rd quarter. Rench Wealth Management Inc. now owns 50,403 shares of the e-commerce giant's stock worth $9,392,000 after purchasing an additional 3,703 shares during the last quarter. Segall Bryant & Hamill LLC grew its stake in shares of Amazon.com by 14.3% during the fourth quarter. Segall Bryant & Hamill LLC now owns 317,114 shares of the e-commerce giant's stock worth $69,572,000 after purchasing an additional 39,696 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Amazon.com by 173.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant's stock worth $759,434,000 after purchasing an additional 2,196,353 shares during the period. Finally, Blankinship & Foster LLC increased its holdings in Amazon.com by 216.4% in the third quarter. Blankinship & Foster LLC now owns 6,930 shares of the e-commerce giant's stock valued at $1,291,000 after purchasing an additional 4,740 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

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.