Stocks To Invest: Amazon.com, Inc. (AMZN), KB Home (KBH)
- Author: Carolyn Briggs Apr 26, 2017,
Apr 26, 2017, 21:53
Amazon.com accounts for approximately 2.2% of Jafra Capital Management LP's investment portfolio, making the stock its 17th largest position.
A number of other hedge funds also recently modified their holdings of AMZN. Morgan Stanley acquired 419,403 shares as Amazon Com Inc (AMZN)'s stock declined 10.38%. Following the sale, the director now owns 22,525 shares of the company's stock, valued at $19,146,250. Waverton Investment Management Ltd increased its stake in Amazon.com by 28.4% in the third quarter. Ltd. now owns 696,134 shares of the e-commerce giant's stock valued at $522,899,000 after buying an additional 612,153 shares in the last quarter. Maxim Group reaffirmed a "buy" rating and set a $1,000.00 price objective (up previously from $940.00) on shares of Amazon.com in a research report on Thursday, April 20th.
Amazon.com, Inc. (NASDAQ:AMZN) share price increased in the last trading session with a previous 52-week high of $923.72. Finally, D Orazio & Associates Inc. raised its position in shares of Amazon.com by 8.0% in the fourth quarter. Most recently on 4/10/17 the stock of Amazon.com, Inc. During the trading on 04/24/2017, Company's stock ranged from $909.99 to $903.82.
The firm has a market cap of $433.09 billion, a P/E ratio of 185.23 and a beta of 1.40. Company's distance from 20 day simple moving average is 1.35% and distance from 50-Day simple moving average is 4.18%.
Amazon.com, Inc. offers a range of products and services through its Websites.
Presently Amazon.com, Inc. (NASDAQ:AMZN) stock have an ABR of 1.38. Wedbush sees Amazon reporting $35.97 billion in revenue versus expectations of $35.30 billion, and predicts earnings of $1.06 billion versus consensus of $900 million.
We expect Q1 revenue of $35.97 billion, compared to consensus of $35.30 billion and guidance of $33.25 - 35.75 billion, driven by strong growth of Prime memberships, solid sales of Amazon-branded products, and AWS growth. As reported by smarteranalyst.com, Olson wrote that "as investors are already well aware of Street mis-modeling of margins and the nature of Amazon's expenses, we believe the company will receive one more pass on margins". The company's quarterly revenue was up 22.4% compared to the same quarter past year. During the same quarter past year, the business posted $1.00 EPS.
For this year, Amazon.com, Inc.
ILLEGAL ACTIVITY NOTICE: This article was first reported by [[site]] and is the sole property of of [[site]]. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & global trademark & copyright law. Amazon.com, Inc. (NASDAQ:AMZN) has risen 16.56% since September 16, 2016 and is uptrending. Below is a chart of AMZN and the recent history of quarterly revenue versus consensus. MKM Partners restated a "buy" rating on shares of Amazon.com in a report on Thursday, March 30th. Credit Suisse Group AG increased their price objective on shares of Amazon.com from $950.00 to $1,000.00 and gave the company an "outperform" rating in a report on Wednesday, January 11th. Cantor Fitzgerald restated an "overweight" rating on shares of Amazon.com in a report on Monday, April 10th.
Loop Capital cut its rating on Disney stock to hold from buy. The current share price indicates that stock is -2.73% away from its one year high and is moving 49.95% ahead of its 52-week low.
In other news, Director Tom A. Alberg sold 590 shares of the firm's stock in a transaction dated Tuesday, February 21st. Following the transaction, the insider now directly owns 2,523 shares of the company's stock, valued at $2,144,550. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.