Amazon.com, Inc.(AMZN) is a well-known e-commerce giant with a strong market presence. The company's stock price has been consistently fluctuating, but it has managed to maintain a steady position in the market. As of the latest available data, the stock is trading at $210.71.
AMZN's stock price has experienced both highs and lows over the past year. The 52-week range for the stock is between $142.81 and $215.90. This indicates that the stock has shown significant volatility, with a considerable increase in value during this period.
The company's market value stands at $2.22T, and it has 10.52B shares outstanding. With an earnings per share (EPS) of $4.67, AMZN has a price-to-earnings (P/E) ratio of 45.16. The stock does not pay any dividends, thus offering no dividend yield.
Analysts have provided a positive outlook for AMZN's stock, with an average rating of "Strong Buy." The 12-month stock price forecast suggests that the stock could reach $236.62, representing a 12.3% increase from the current price.
It is important to note that AMZN's stock is trading at a relatively cheap price compared to its intrinsic value, which is estimated to be $318.79. This indicates that the stock may be undervalued and presents a potential buying opportunity for investors.
Despite the recent volatility in AMZN's stock price, the company has managed to outperform the Dow Jones Industrial Average (DJIA) index. However, it has recently experienced a slight decline of 3.7% from its 52-week high. Nonetheless, the stock has gained 20.8% over the past three months, showcasing its overall strength in the market.
Fortune Financial Advisors LLC has reduced its stake in AMZN by 28.3% during the third quarter. This indicates that some investors have chosen to sell their shares in the company. However, it is essential to consider the context and specific reasons behind these decisions.
In conclusion, AMZN remains a prominent player in the e-commerce industry, with a strong market presence and consistent stock performance. While the stock price has shown volatility, it has managed to outperform the market and presents a potential buying opportunity for investors.
