Several stock analysts working at Jefferies Financial have lowered the EPS estimates for the stocks of AMZN in a 12th April research report. B. Thill, one of the analysts from the brokerage has now predicted that the company will be putting an EPS of $10.82 for the quarter, which is quite a downgrade from its previous estimate at $10.96. The company has a rating of buy with a price target of $4000 on the stock. The brokerage has also put up estimates into the Q3 2021 earnings of the company at an EPS of $12.03, with a Q4 2021 earnings at an EPS of $14.11.
The Stock Commentary Of AMZN
There have been quite a few research equities that have commented on the stocks of AMZN. Zacks Investment Research has also reduced the shares of the company from buy to hold with a price target of $3,277 in a 13th January research note. Deutsche Bank has also increased the price target of the company from $4,050 to $4,250 with a rating of buy in a 3rd February research report.
Canaccord Genuity has also increased the price target of the company from $3,800 to $4,100 with a rating of buy in a 3rd February research report. Barclays has also put up a rating of buy in a 4th February note.
Two of the investment analysts have already provided the stocks of AMZN with a rating of hold, while forty-six of them have given the company a rating of buy. Currently, the company has a buy rating with a $3,930.67 price target.
The stocks of AMZN traded on Thursday at $3,333.00. The market cap of the company was set at $1.68 trillion, with a PE ratio of around 97.60, and a 2.37 PEG ratio. The moving average price of the company over fifty days is $3,125.27, with a moving average price over 200 days at $3,184.89. The debt-to-equity ratio of the company is 0.40, with a 1.11 current ratio, along with a 0.88 quick ratio.