Amazon.com Inc. [NASDAQ: AMZN] plunged by -$12.94 during the normal trading session on Friday and reaching a high of $2,621.477 during the day while it closed the day at $2545.02. Amazon.com Inc. stock has also gained 2.50% of its value over the past 7 days. However, AMZN stock has inclined by 42.58% in the 3 months of the year. Over the past six months meanwhile, it has gained 45.54% and gained 37.73% year-on date.
The market cap for AMZN stock reached $1275.84 billion, with 498.00 million shares outstanding and 423.25 million shares in the current float. Compared to the average trading volume of 5.56M shares, AMZN reached a trading volume of 5329945 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Amazon.com Inc. [AMZN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMZN shares is $2715.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMZN stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Amazon.com Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 10, 2020. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $2725 to $3000. The new note on the price target was released on June 09, 2020, representing the official price target for Amazon.com Inc. stock. Previously, the target price had yet another raise from $2600 to $3000, while BofA/Merrill kept a Buy rating on AMZN stock. On June 08, 2020, analysts increased their price target for AMZN shares from 2700 to 3300.
The Average True Range (ATR) for Amazon.com Inc. is set at 67.06, with the Price to Sales ratio for AMZN stock in the period of the last 12 months amounting to 4.31. The Price to Book ratio for the last quarter was 19.42, with the Price to Cash per share for the same quarter was set at 98.33. Price to Free Cash Flow for AMZN in the course of the last twelve months was 65.88 with Quick ratio for the last quarter at 0.80.
AMZN stock trade performance evaluation
Amazon.com Inc. [AMZN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.50. With this latest performance, AMZN shares gained by 7.48% in over the last four-week period, additionally plugging by 45.54% over the last 6 months – not to mention a rise of 36.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMZN stock in for the last two-week period is set at 58.85, with the RSI for the last a single of trading hit 58.34, and the three-weeks RSI is set at 60.31 for Amazon.com Inc. [AMZN]. The present Moving Average for the last 50 days of trading for this stock 2,360.39, while it was recorded at 2,575.07 for the last single week of trading, and 1,972.72 for the last 200 days.
Amazon.com Inc. [AMZN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Amazon.com Inc. [AMZN] shares currently have an operating margin of +5.26 and a Gross Margin at +40.99. Amazon.com Inc.’s Net Margin is presently recorded at +4.13.
Return on Total Capital for AMZN is now 12.68, given the latest momentum, and Return on Invested Capital for the company is 11.11. Return on Equity for this stock inclined to 21.95, with Return on Assets sitting at 5.97. When it comes to the capital structure of this company, Amazon.com Inc. [AMZN] has a Total Debt to Total Equity ratio set at 124.94. Additionally, AMZN Total Debt to Total Capital is recorded at 55.54, with Total Debt to Total Assets ending up at 34.42. Long-Term Debt to Equity for the company is recorded at 101.84, with the Long-Term Debt to Total Capital now at 45.28.
Reflecting on the efficiency of the workforce at the company, Amazon.com Inc. [AMZN] managed to generate an average of $14,521 per employee. Receivables Turnover for the company is 15.27 with a Total Asset Turnover recorded at a value of 1.45.Amazon.com Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.10.
Earnings per share (EPS) analysis for Amazon.com Inc. [AMZN] stock
With the latest financial reports released by the company, Amazon.com Inc. posted 5.22/share EPS, while the average EPS was predicted by analysts to be reported at 5.57/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMZN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Amazon.com Inc. go to 34.00%.
Amazon.com Inc. [AMZN]: Insider Ownership positions
There are presently around $836,670 million, or 59.80% of AMZN stock, in the hands of institutional investors. The top three institutional holders of AMZN stocks are: ADVISOR GROUP HOLDINGS, INC. with ownership of 35,429,155, which is approximately 53364.251% of the company’s market cap and around 11.20% of the total institutional ownership; VANGUARD GROUP INC, holding 32,975,915 shares of the stock with an approximate value of $83.92 billion in AMZN stocks shares; and BLACKROCK INC., currently with $68.77 billion in AMZN stock with ownership of nearly 1.182% of the company’s market capitalization.
Positions in Amazon.com Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 2,086 institutional holders increased their position in Amazon.com Inc. [NASDAQ:AMZN] by around 57,411,195 shares. Additionally, 1,007 investors decreased positions by around 11,355,018 shares, while 205 investors held positions by with 259,981,773 shares. The mentioned changes placed institutional holdings at 328,747,986 shares, according to the latest SEC report filing. AMZN stock had 289 new institutional investments in for a total of 3,731,779 shares, while 114 institutional investors sold positions of 1,331,281 shares during the same period.