Looking at top Wall Street opinions, Amazon.com, Inc. (NASDAQ: AMZN) has recently made its way into the research list of BMO Capital Markets – signaling that their analyst’s rating adjustment is noteworthy. This stock was Reiterated to a rating of Outperform in the eyes of BMO Capital Markets, as reported on Friday, February 1st, 2019. Another heavy-hitting research note was published by The Benchmark Company on Wednesday January 30th, 2019, with this firm Reiterated AMZN to an updated rating of Buy. In the past six months and three months of trading, shares of Amazon.com, Inc. (AMZN) have moved by -15.14% and 2.62%, respectively.
Brokerage Updates Related to Amazon.com, Inc. (AMZN) Stock
This publicly-traded organization generated gains of 3.71% over the last 5 sessions. Right now, this stock is the subject of 48 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Of the latest market expert opinions, 2 have given an underperform rating, 0 has given a sell rating, and 24 have given a rating of Buy or better. Based on the 48 stock market experts following this company, the average 12-month price target is $2079.58. Moreover, individual price targets range between $1,850.00-$2,450.00. With its recent move to $2,100.00, we can see that these firms project this stock will gain by 6.17% in one year.
Updates from Amazon.com, Inc. (AMZN) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 16.10% rise since the beginning of the calendar year. A CEO Worldwide Consumer at Amazon.com, Inc. (AMZN) sold off some of its shares in a transaction that was finalized on Feb 22. Similarly, WILKE JEFFREY A sold 1,645 shares of the organization’s stock at $1614.65 apiece and racked up $2,656,094 in earnings from the sale. Now, WILKE JEFFREY A holds 22,930 shares of the company following the exchange. A Director of the organization named STONESIFER PATRICIA Q, was engaged in a transaction that occurred on Feb 19 that managed to be worth $2,202,750 from the sale of 1,375 common shares at a price of $1602.00 per individual share.
Amazon.com, Inc. (NASDAQ:AMZN) Results in the Pipeline
The next scheduled release of financial results for Amazon.com, Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $5.64. In the same vein, they expect sales for the quarter to amount to $71,872.90 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $72,383.00 million in revenue alongside EPS at $6.04. On average, the analyst projection was calling for $56,576.00 million with $5.75 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $52,886.00 million, with earnings per share ending up at $5.07.
Intercontinental Exchange, Inc. (NYSE:ICE) experienced a drop of -0.22% from the closing price in the previous trading day. That drove the price to $73.89 per share, as observed on March 14th, 2019, at a time when the total trading volume reached 1,961,168 shares of stock – compared to the typical average of 3.01M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $85.28.
Pricing Indications for Intercontinental Exchange, Inc. (ICE)
This organization has had a price-to-earnings ratio of 21.58 in the last year. In the most recent trading session, the daily high was $74.1, bringing the per-share value -0.22% high its 52-week high and about -10.60% more expensive than its 52-week low. Meanwhile, it gained 75.09 from its observable 50-day simple moving average. Right at this moment, the per-share value is -2.08% lower than the mean per-share price over the last 200 days in the market.
Intercontinental Exchange, Inc. (NYSE:ICE) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 9 have a Buy rating, 7 have an outperform rating, while 2 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 1.80 , based on information from Thomson Reuters.
ICE Stock Value Potential
In trading activity as of late, this stock’s value was 75.47 up from its 200 day moving average, while also -1.64% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $79.00-$95.00. The market value for the entire organization reached 42.67B. After the trading day started off at the price of $73.89, these shares nearly bottomed out at its low price of $73.41 and nearly peaked at $74.1 as its full-day high price. In the last trading session, the price ended the day at $74.05. The institutional holdings related to this organization account for 0.40%, and the Beta factor is now 0.51. This company’s RSI (Relative Strength Index) managed to hit 45.79.
Intercontinental Exchange, Inc. (NYSE:ICE) Analyst Points of Focus
Intercontinental Exchange, Inc. (ICE) has found itself inside of Citigroup’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Buy, compared to its previous rating of Neutral by Citigroup, as garnered from a news report on Tuesday January 22nd, 2019. An additional helpful research note was sent out by Atlantic Equities’s on Wednesday November 28th, 2018. The brokerage decided to initiated ICE to Overweight.