Amazon (AMZN) Rises Higher Than Market: Key Facts

Company Performance - Amazon's stock closed at $216.10, reflecting a +1.89% increase from the previous day, outperforming the S&P 500's gain of 0.94% [1] - Over the last month, Amazon's shares increased by 3.17%, while the Retail-Wholesale sector experienced a loss of 3.2% [1] Earnings Forecast - Amazon is expected to report an EPS of $1.31, representing a 6.5% increase from the same quarter last year [2] - Revenue is forecasted at $161.79 billion, indicating a 9.33% increase year-over-year [2] Annual Estimates - For the annual period, earnings are anticipated to be $6.17 per share, with revenue projected at $693.68 billion, reflecting increases of +11.57% and +8.73% respectively from the previous year [3] Analyst Sentiment - Recent changes in analyst estimates suggest a favorable outlook on Amazon's business health and profitability [3] - The Zacks Rank system indicates that estimate revisions correlate with near-term share price momentum [4] Zacks Rank and Performance - Amazon currently holds a Zacks Rank of 3 (Hold), with a recent upward shift of 0.05% in the consensus EPS estimate [5] - The Zacks Rank system has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] Valuation Metrics - Amazon's Forward P/E ratio is 34.39, which is a premium compared to the industry average of 24.94 [6] - The PEG ratio for Amazon is 1.61, compared to the Internet-Commerce industry's average PEG ratio of 1.33 [6] Industry Context - The Internet-Commerce industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [7] - Research indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [7]