News headlines about Amazon.com (NASDAQ:AMZN) have trended neutral on Friday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Amazon.com earned a coverage optimism score of 0.41 on their scale. InfoTrie also assigned press coverage about the e-commerce giant an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have impacted Amazon.com’s score:
- Pentagon awaits possible Amazon challenge over cloud deal (marketbeat.com)
- Hallandale Beach Police Obtain Amazon Device Recordings In Bizarre Murder Case – CBS Miami (miami.cbslocal.com)
- Customer Expectations Forcing Businesses To Deliver Faster Or Die – Benzinga (benzinga.com)
- Yes, you can get a Friends-themed Cards Against Humanity expansion pack — and it’s on Amazon – Entertainment Weekly News (ew.com)
- Amazon offers Prime customers free food delivery service – Abccolumbia.com (abccolumbia.com)
Shares of AMZN stock opened at $1,776.66 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.10 and a quick ratio of 0.84. The company has a market capitalization of $873.95 billion, a P/E ratio of 88.22, a P/E/G ratio of 3.13 and a beta of 1.54. The company’s 50-day simple moving average is $1,763.88 and its two-hundred day simple moving average is $1,842.46. Amazon.com, Inc. has a one year low of $1,307.00 and a one year high of $2,035.80.
Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, October 24th. The e-commerce giant reported $4.23 EPS for the quarter, missing the Zacks’ consensus estimate of $4.46 by ($0.23). The company had revenue of $69.98 billion during the quarter, compared to the consensus estimate of $68.72 billion. Amazon.com had a return on equity of 22.52% and a net margin of 4.27%. Amazon.com’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.75 earnings per share. On average, research analysts expect that Amazon.com, Inc. will post 20.52 EPS for the current fiscal year.
Several analysts have recently issued reports on the stock. Robert W. Baird set a $2,080.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, October 25th. Piper Jaffray Companies decreased their target price on shares of Amazon.com from $2,225.00 to $2,150.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Wedbush decreased their target price on shares of Amazon.com from $2,350.00 to $2,000.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Morgan Stanley decreased their target price on shares of Amazon.com from $2,200.00 to $2,100.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. restated a “buy” rating and set a $2,200.00 target price on shares of Amazon.com in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and forty-two have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $2,189.97.
In other Amazon.com news, Director Indra K. Nooyi acquired 100 shares of the company’s stock in a transaction dated Friday, October 4th. The shares were purchased at an average cost of $1,726.06 per share, for a total transaction of $172,606.00. Following the completion of the purchase, the director now owns 250 shares in the company, valued at $431,515. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $1,847.51, for a total transaction of $5,173,028.00. Following the transaction, the chief executive officer now owns 10,000 shares in the company, valued at $18,475,100. The disclosure for this sale can be found here. Insiders sold a total of 22,747 shares of company stock worth $40,737,808 over the last 90 days. Insiders own 16.10% of the company’s stock.
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 third-party sellers through physical stores and online stores.
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