Media stories about Amazon.com (NASDAQ:AMZN) have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Amazon.com earned a news impact score of 1.13 on their scale. InfoTrie also gave news articles about the e-commerce giant an news buzz score of 3 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Amazon.com’s analysis:
Amazon.com stock opened at $1,712.36 on Monday. The company has a market capitalization of $841.12 billion, a P/E ratio of 85.02, a PEG ratio of 2.33 and a beta of 1.62. Amazon.com, Inc. has a 12-month low of $1,307.00 and a 12-month high of $2,050.50. The company has a quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 0.54.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, January 31st. The e-commerce giant reported $6.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $5.55 by $0.49. The company had revenue of $72.38 billion during the quarter, compared to analyst estimates of $71.73 billion. Amazon.com had a net margin of 4.33% and a return on equity of 27.02%. During the same period in the prior year, the firm posted $2.16 EPS. Analysts forecast that Amazon.com, Inc. will post 26.72 EPS for the current year.
A number of equities analysts have issued reports on AMZN shares. Zacks Investment Research cut shares of Amazon.com from a “buy” rating to a “hold” rating in a research note on Monday, January 28th. Goldman Sachs Group cut their price objective on shares of Amazon.com from $2,200.00 to $2,000.00 and set a “conviction-buy” rating on the stock in a research report on Friday, January 4th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Amazon.com in a research report on Wednesday, January 2nd. BidaskClub upgraded shares of Amazon.com from a “sell” rating to a “hold” rating in a research note on Friday, January 4th. Finally, Wedbush restated an “outperform” rating and set a $2,100.00 price objective (up from $2,000.00) on shares of Amazon.com in a research note on Friday, February 1st. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and forty-three have given a buy rating to the company. Amazon.com has a consensus rating of “Buy” and a consensus price target of $2,118.63.
In other Amazon.com news, SVP Jeffrey M. Blackburn sold 2,055 shares of the stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $1,616.34, for a total transaction of $3,321,578.70. Following the completion of the sale, the senior vice president now directly owns 46,596 shares of the company’s stock, valued at approximately $75,314,978.64. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jeffrey A. Wilke sold 1,645 shares of the stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $1,614.65, for a total transaction of $2,656,099.25. Following the sale, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $16,146,500. The disclosure for this sale can be found here. Insiders sold a total of 5,075 shares of company stock valued at $8,180,428 over the last three months. 16.30% of the stock is currently owned by insiders.
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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 third-party sellers through physical stores and online stores.
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