Amazon misses Wall Street expectations by a mile

Paterniano Del Favero
Luglio 28, 2017

Moreover, Us Bankshares De has 0.48% invested in Amazon.com, Inc. Insiders have sold 1,014,090 shares of company stock worth $954,546,394 over the last quarter. On Wednesday, February 15 Zapolsky David sold $846,582 worth of Amazon.com, Inc. Winslow Evans & Crocker Inc. now owns 4,865 shares of the e-commerce giant's stock worth $4,651,000 after buying an additional 1,647 shares in the last quarter. OLD Second National Bank of Aurora raised its position in Amazon.com by 15.0% in the Q1. KeyCorp reissued a "hold" rating on shares of Amazon.com in a report on Thursday, June 22nd. Company shares have been seen trading -0.16% off of the 52 week high and 48.08% away from the 52 week low. As tech stocks in general declined through Thursday trading, however, Gates once again took the lead. About 8.19 million shares traded or 124.38% up from the average. Narrowing in, the stock is at a distance of -0.16% from the 50 day high and 13.43% off of the 50 day low. Company has a valuation of $500.91 B, a price to earnings ratio of 197.3612 along with a stock beta of 1.48.

Analysts had expected a profit of US$1.42 per share and revenue of US$37.18 billion, according to Thomson Reuters I/B/E/S.

Revenue from its Amazon Web Services that hosts computing power and storage in the internet cloud rose to $4.1 billion from $2.9 billion in the same quarter past year. Robert W. Baird maintained Amazon.com, Inc. The company's quarterly revenue was up 24.8% compared to the same quarter a year ago. Company fiscal year is ending in December and analysts' consensus recommendation is Outperform for AMZN and estimated EPS for next quarter is $ 1.07. Amazon and Whole Foods expect the deal - which Mackey said came about after a "whirlwind courtship " - to close later this year. (NASDAQ:AMZN). Cibc Mkts Inc holds 39,583 shares. If you are reading this news story on another publication, it was stolen and reposted in violation of global trademark and copyright legislation. The original version of this article can be read at https://baseballnewssource.com/markets/amazon-com-inc-nasdaqamzn-stake-held-by-bourne-lent-asset-management-inc-updated-updated/1165196.html. Cowen & Co analysts have estimated that more than 50 per cent of U.S. households will have Prime membership by the end of 2017.

Today, Aegis raised its price target on Amazon.com (NASDAQ:AMZN) to $1,171.00 per share. Plus, of the 33 analysts covering the shares, 85% maintain a "buy" or better rating.

"What you're buying it for is top-line growth, revenue growth, market share - and I suspect when you go through the numbers you're going to see Amazon is making great progress", Michael Yoshikami of Destination Wealth Management said during a CNBC interview. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". Amazon.com has an average rating of "Buy" and a consensus price target of $1,031.46. (NASDAQ:AMZN). Timessquare Cap Ltd Liability Corporation has invested 0.02% in Amazon.com, Inc. The mean target of $1,122.50 should be compared with the price when the stock was languishing around $710.10 a share. The companies have not said what might change for customers, but the announcement rattled the supermarket industry, given the track records of Amazon CEO Jeff Bezos and Whole Foods CEO John Mackey. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: "Amazon.com (AMZN) Q2 2017 Results - Earnings Call Transcript" on July 28, 2017, also Fortune.com with their article: "Challenging Alibaba, Amazon Launches Prime Now Delivery in Singapore" published on July 27, 2017, Fool.com published: "Amazon.com, Inc.'s Prime Day in 6 Wild Stats" on July 12, 2017. Following the sale, the chief executive officer now directly owns 80,857,196 shares in the company, valued at $76,065,598,565.04. The disclosure for this sale can be found here. SELL rating has been given by 1 analyst (s) and 18 analyst (s) given BUY rating to the stock. ALBERG TOM A sold $800,000 worth of Amazon.com, Inc. While cloud revenue has been slowing over the past year, AWS still made up 70 percent of Amazon's overall operating profit.

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