1.07 q1 actual
1.13 q2 estimate
.97 q3 estimate
2.20 q4 estimate
5.37 2016 estimate
9.71 2017 estimate = 2017 forward p/e of 69
yes, but you could have traded in and out 2-3 times times yesterday and grabbed a higher short point. but i am glad it worked out for you as amzn is a hard stock to trade, which is complicated with an active market for its options.
maybe they moved a couple hundred million of expenses from Q1-16 into Q4-15 in order to tank the stock so that those in the "know" could buy at a cheaper price.
on a computer controlled stock like amzn, if you are lucky enough to short a peak and can cover with a small per share profit of $1-2, you have to be quick and cover, otherwise you will be forced to cover at a loss.
everyone could see that it would drop very little after hitting 680 and that the system would keep running it up. now the new shorts will be forced to cover which will only accelerate the gains for longs.
so many people are waiting to short it at 680 and they will be forced to cover when the system runs it up another $5 shortly thereafter.
Many of these institutional owners acquired AMZN at a much lower price and now just trade a few shares to make money on the options and to "walk" the price higher. don't expect the share price to fall until there is some catalyst, but when it happens it will most likely be a 10-15% drop, if not more.
By the time these acquired growth opportunities are producing meaningful profits there will be competition or some better way of doing it. Bezos is using his knowledge of how wall street works in order to inflate share price, and he is only able to do this because of the fed's zero interest rate policy being in place for too long.
I have been tracking the top institutional holders since Sept 2014 and the number of shares held by many of them has gradually been dropping. This does make it appear that they are slowly unloading to the little guys. It will be interesting to see the shares held 3/31/16 compared to 12/31/15 once they start reporting.
AWS Q/Q growth slowed from 15% last year to 6.7% for this quarter. And with everyone jumping into the cloud business now I would be very cautious about expecting exceptional growth in AWS in the near future.
it is up because Facebook beat earnings estimates and the market is hopeful that Amzn will do the same.
the forecast of 58 cents is substantially less than the 88 cents that was being forecast for the first quarter before the last earnings report came out, so anything less than 88 cents should be considered a miss. However, AMZN analysts are masters at obfuscation and they will paint it as a good quarter as long as the results beat last year.