After several weeks of range-bound movement, shares in Amazon.com could enter into a new clear trend. The exit out of the current trading range could be the signal for a return of volatility. Investors have an opportunity to buy the stock and target the $ 1147.
The company has poor fundamentals for a short-term investment strategy.
The prospective high growth for the next fiscal years is among the main assets of the company
The company is in a robust financial situation considering its net cash and margin position.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The stock is in a well-established, long-term rising trend above the technical support level at 884.67 USD
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 259.21 times its estimated earnings per share for the ongoing year.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
For the past year, analysts have significantly revised downwards their profit estimates.