Amazon.com Inc. (NASDAQ: AMZN) has a higher price-to-earnings ratio of 53.00x compared to its average ratio. AMZN has 36-month beta value of 1.15. Analysts have mixed views on the stock, with 28 analysts rating it as a “buy,” 15 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for AMZN is 9.25B, and currently, short sellers hold a 0.82% ratio of that float. The average trading volume of AMZN on May 07, 2024 was 42.20M shares.
AMZN) stock’s latest price update
The stock of Amazon.com Inc. (NASDAQ: AMZN) has increased by 1.34 when compared to last closing price of 186.21. Despite this, the company has experienced a 4.28% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-06 that Margins at Amazon continue to ramp dramatically higher. AWS’ growth rate is accelerating for the first time in several quarters.
AMZN’s Market Performance
Amazon.com Inc. (AMZN) has seen a 4.28% rise in stock performance for the week, with a 1.96% gain in the past month and a 10.80% surge in the past quarter. The volatility ratio for the week is 3.18%, and the volatility levels for the past 30 days are at 2.57% for AMZN. The simple moving average for the past 20 days is 4.06% for AMZN’s stock, with a 24.08% simple moving average for the past 200 days.
Analysts’ Opinion of AMZN
Many brokerage firms have already submitted their reports for AMZN stocks, with Telsey Advisory Group repeating the rating for AMZN by listing it as a “Outperform.” The predicted price for AMZN in the upcoming period, according to Telsey Advisory Group is $215 based on the research report published on May 01, 2024 of the current year 2024.
Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see AMZN reach a price target of $225, previously predicting the price at $215. The rating they have provided for AMZN stocks is “Buy” according to the report published on May 01st, 2024.
Maxim Group gave a rating of “Buy” to AMZN, setting the target price at $238 in the report published on May 01st of the current year.
AMZN Trading at 5.47% 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 -0.56% of loss for the given period.
Volatility was left at 2.57%, however, over the last 30 days, the volatility rate increased by 3.18%, as shares surge +1.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.83% upper at present.
During the last 5 trading sessions, AMZN rose by +4.28%, which changed the moving average for the period of 200-days by +45.20% in comparison to the 20-day moving average, which settled at $181.51. In addition, Amazon.com Inc. saw 24.19% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMZN starting from Herrington Douglas J, who sale 3,500 shares at the price of $180.29 back on May 01 ’24. After this action, Herrington Douglas J now owns 509,358 shares of Amazon.com Inc., valued at $631,012 using the latest closing price.
Selipsky Adam, the CEO Amazon Web Services of Amazon.com Inc., sale 500 shares at $179.00 during a trade that took place back on Apr 19 ’24, which means that Selipsky Adam is holding 130,100 shares at $89,500 based on the most recent closing price.
Stock Fundamentals for AMZN
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.44 for the gross margin
The net margin for Amazon.com Inc. stands at 0.06. The total capital return value is set at 0.13. Equity return is now at value 20.30, with 7.57 for asset returns.
Based on Amazon.com Inc. (AMZN), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.62. The interest coverage ratio of the stock is 27.63.
Currently, EBITDA for the company is 88.29 billion with net debt to EBITDA at 0.71. When we switch over and look at the enterprise to sales, we see a ratio of 3.43. The receivables turnover for the company is 12.37for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
To put it simply, Amazon.com Inc. (AMZN) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
