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Saturday, April 17, 2021

AMZN Is To Post A Quarterly Sales Sum Of $105.05 Billion

The stocks of AMZN will be announcing a sales sum of $105.05 billion for this quarter. In a report, sixteen analysts have already issued estimates into the earnings of the firm. The ball has been rolled at $102.06 billion to $107.47 billion. The sales sum put up by the company the previous year was $75.45 billion which implies an annual growth rate of about 39.2%. The company will be posting its next quarterly results on the 29th of April. 

The Quarterly Estimate Of AMZN

The stocks of AMZN put up their quarterly data on the 1st of February. The e-commerce market put up an EPS of $14.09 for the quarter, which was more than the consensus of $7.05. The return on equity for the company is 24.49%, with a 4.99% net margin. The revenue of the firm is $125.56 billion, with a consensus of around $119.73 billion. 

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There have been quite a few research equities that have commented on the stocks of AMZN. MKM Partners has already increased the price rating of the company from $3,750 to $3,975 with a rating of buy in a 3rd February research report. Deutsche Bank has also increased the price target of the company from $4,050 to a sum of $4,250 with a rating of buy in a 3rd February research report.

The Goldman Sachs Group has increased the price target of the company from $4,200 to $4,500 with a rating of buy in a 3rd February research report. Wolfe Research has also put up a rating of “outperform” with a price target of $3,720 in a 1st April research note. 

Two of the investment analysts covering the firm have already given it a rating of hold, while forty-six of them have put up a rating of buy on the stocks of AMZN. Currently, the company has a buy rating with a $3,929.19 price target. 

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