Amazon.com (AMZN) Receiving Somewhat Favorable Media Coverage, Analysis Shows

News coverage about Amazon.com (NASDAQ:AMZN) has trended somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amazon.com earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the e-commerce giant an impact score of 42.1765334274184 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

Shares of AMZN stock opened at $1,405.23 on Friday. Amazon.com has a 12 month low of $884.49 and a 12 month high of $1,617.54. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $680,281.69, a price-to-earnings ratio of 308.84, a PEG ratio of 6.17 and a beta of 1.59.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.31. Amazon.com had a net margin of 1.71% and a return on equity of 9.23%. The firm had revenue of $60.45 billion for the quarter, compared to analyst estimates of $59.85 billion. During the same quarter in the previous year, the business posted $1.54 EPS. The firm’s revenue was up 38.2% compared to the same quarter last year. sell-side analysts forecast that Amazon.com will post 8.49 EPS for the current fiscal year.

A number of equities research analysts have weighed in on AMZN shares. DZ Bank reaffirmed a “buy” rating on shares of Amazon.com in a report on Wednesday, January 24th. Citigroup reiterated a “buy” rating and set a $1,400.00 price target (up from $1,250.00) on shares of Amazon.com in a research report on Friday, January 5th. Vetr upgraded shares of Amazon.com from a “sell” rating to a “hold” rating and set a $1,414.91 price target for the company in a research report on Tuesday, January 30th. Jefferies Group lifted their price target on shares of Amazon.com from $1,450.00 to $1,750.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Credit Suisse Group lifted their price target on shares of Amazon.com from $1,385.00 to $1,410.00 and gave the company an “outperform” rating in a research report on Monday, January 8th. Four investment analysts have rated the stock with a hold rating, forty-eight have given a buy rating and two have given a strong buy rating to the company’s stock. Amazon.com presently has an average rating of “Buy” and a consensus price target of $1,494.78.

In other news, Director Tom A. Alberg sold 670 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $1,500.00, for a total value of $1,005,000.00. Following the sale, the director now owns 14,159 shares in the company, valued at approximately $21,238,500. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 544 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $1,462.32, for a total transaction of $795,502.08. Following the completion of the sale, the vice president now owns 6,533 shares in the company, valued at approximately $9,553,336.56. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,214 shares of company stock worth $9,251,120. Company insiders own 17.70% of the company’s stock.

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Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

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