Amazon.com Inc. (AMZN) Stock Experiences -0.70% Monthly Change

In the past week, AMZN stock has gone up by 0.44%, with a monthly decline of -0.70% and a quarterly surge of 3.61%. The volatility ratio for the week is 2.24%, and the volatility levels for the last 30 days are 1.85% for Amazon.com Inc. The simple moving average for the past 20 days is 1.86% for AMZN’s stock, with a 5.66% simple moving average for the past 200 days.

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 45.48x. The 36-month beta value for AMZN is also noteworthy at 1.15. There are mixed opinions on the stock, with 28 analysts rating it as a “buy,” 15 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”

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The public float for AMZN is 9.36B, and at present, short sellers hold a 0.90% of that float. The average trading volume of AMZN on October 25, 2024 was 37.74M shares.

AMZN) stock’s latest price update

Amazon.com Inc. (NASDAQ: AMZN)’s stock price has gone rise by 1.85 in comparison to its previous close of 186.38, however, the company has experienced a 0.44% increase in its stock price over the last five trading days. zacks.com reported 2024-10-25 that Recently, Zacks.com users have been paying close attention to Amazon (AMZN). This makes it worthwhile to examine what the stock has in store.

Analysts’ Opinion of AMZN

Many brokerage firms have already submitted their reports for AMZN stocks, with Loop Capital repeating the rating for AMZN by listing it as a “Buy.” The predicted price for AMZN in the upcoming period, according to Loop Capital is $800 based on the research report published on October 16, 2024 of the current year 2024.

Scotiabank, on the other hand, stated in their research note that they expect to see AMZN reach a price target of $245. The rating they have provided for AMZN stocks is “Sector Outperform” according to the report published on October 11th, 2024.

Pivotal Research Group gave a rating of “Buy” to AMZN, setting the target price at $260 in the report published on October 11th of the current year.

AMZN Trading at 3.44% 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 -5.66% of loss for the given period.

Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares surge +0.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.88% upper at present.

During the last 5 trading sessions, AMZN rose by +0.43%, which changed the moving average for the period of 200-days by +23.46% in comparison to the 20-day moving average, which settled at $186.36. In addition, Amazon.com Inc. saw 24.93% 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 $184.80 back on Oct 01 ’24. After this action, Herrington Douglas J now owns 514,160 shares of Amazon.com Inc., valued at $646,800 using the latest closing price.

Zapolsky David, the Senior Vice President of Amazon.com Inc., sale 2,190 shares at $195.00 during a trade that took place back on Sep 24 ’24, which means that Zapolsky David is holding 62,420 shares at $427,050 based on the most recent closing price.

Stock Fundamentals for AMZN

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.48 for the gross margin

The net margin for Amazon.com Inc. stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 21.93, with 8.60 for asset returns.

Based on Amazon.com Inc. (AMZN), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 1.49. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 19.76.

Currently, EBITDA for the company is 89.4 billion with net debt to EBITDA at 0.76. 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 12.18for trailing twelve months and the total asset turnover is 1.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.

Conclusion

In summary, Amazon.com Inc. (AMZN) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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