Amazon.com Inc. (NASDAQ: AMZN) has seen a decline in its stock price by -2.99 in relation to its previous close of 144.72. However, the company has experienced a 1.57% gain in its stock price over the last five trading sessions. The Motley Fool reported 2023-09-15 that Amazon is carving out new growth opportunities in streaming, healthcare, and more. E-commerce and AWS are pressured right now, but management is investing to build them up.
Is It Worth Investing in Amazon.com Inc. (NASDAQ: AMZN) Right Now?
The price-to-earnings ratio for Amazon.com Inc. (NASDAQ: AMZN) is above average at 111.61x, while the 36-month beta value is 1.23.Analysts have differing opinions on the stock, with 45 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Amazon.com Inc. (AMZN) is $173.77, which is $29.51 above the current market price. The public float for AMZN is 9.32B, and currently, short sellers hold a 0.79% ratio of that floaft. The average trading volume of AMZN on September 15, 2023 was 53.60M shares.
AMZN’s Market Performance
AMZN’s stock has seen a 1.57% increase for the week, with a 3.95% rise in the past month and a 10.46% gain in the past quarter. The volatility ratio for the week is 2.36%, and the volatility levels for the past 30 days are at 2.18% for Amazon.com Inc. The simple moving average for the past 20 days is 2.53% for AMZN’s stock, with a 26.52% simple moving average for the past 200 days.
Analysts’ Opinion of AMZN
Many brokerage firms have already submitted their reports for AMZN stocks, with Piper Sandler repeating the rating for AMZN by listing it as a “Overweight.” The predicted price for AMZN in the upcoming period, according to Piper Sandler is $185 based on the research report published on August 24, 2023 of the current year 2023.
AMZN Trading at 4.26% from the 50-Day Moving Average
After a stumble in the market that brought AMZN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.74% of loss for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares surge +5.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.88% upper at present.
During the last 5 trading sessions, AMZN rose by +2.03%, which changed the moving average for the period of 200-days by +50.12% in comparison to the 20-day moving average, which settled at $137.28. In addition, Amazon.com Inc. saw 67.14% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AMZN starting from Selipsky Adam, who sale 500 shares at the price of $136.12 back on Sep 06. After this action, Selipsky Adam now owns 107,020 shares of Amazon.com Inc., valued at $68,060 using the latest closing price.
Selipsky Adam, the CEO Amazon Web Services of Amazon.com Inc., sale 500 shares at $137.66 during a trade that took place back on Sep 05, which means that Selipsky Adam is holding 107,520 shares at $68,830 based on the most recent closing price.
Stock Fundamentals for AMZN
Current profitability levels for the company are sitting at:
- +2.63 for the present operating margin
- +43.81 for the gross margin
The net margin for Amazon.com Inc. stands at -0.53. The total capital return value is set at 4.73, while invested capital returns managed to touch -1.01. Equity return is now at value 8.60, with 2.90 for asset returns.
Based on Amazon.com Inc. (AMZN), the company’s capital structure generated 106.11 points at debt to equity in total, while total debt to capital is 51.48. Total debt to assets is 33.49, with long-term debt to equity ratio resting at 95.94. Finally, the long-term debt to capital ratio is 46.55.
When we switch over and look at the enterprise to sales, we see a ratio of 2.92, with the company’s debt to enterprise value settled at 0.16. The receivables turnover for the company is 13.77 and the total asset turnover is 1.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
In a nutshell, Amazon.com Inc. (AMZN) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.