Company Performance - Amazon's stock increased by 1.43% to $235.66, outperforming the S&P 500's gain of 0.21% for the day [1] - Over the past month, Amazon's stock has risen by 4.33%, which is below the Retail-Wholesale sector's gain of 5.92% but above the S&P 500's gain of 3.07% [1] Upcoming Earnings - Amazon's upcoming EPS is projected at $1.57, indicating a 9.79% increase year-over-year [2] - Revenue is expected to reach $177.86 billion, reflecting an 11.95% growth compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are expected to be $6.73 per share, marking a 21.7% increase from last year [3] - Revenue is projected at $707.21 billion, representing a 10.85% growth year-over-year [3] Analyst Sentiment - Recent changes to analyst estimates for Amazon suggest positive sentiment regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks Amazon as 3 (Hold) [5] Valuation Metrics - Amazon has a Forward P/E ratio of 34.51, which is a premium compared to the industry average of 18.51 [5] - The PEG ratio for Amazon is currently 1.56, aligning with the average PEG ratio for Internet-Commerce stocks [6] Industry Context - The Internet-Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 97, placing it in the top 40% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Amazon (AMZN) Laps the Stock Market: Here's Why