Amazon.com Inc. [NASDAQ: AMZN] traded at a low on 02/19/21, posting a -2.35 loss after which it closed the day’ session at $3249.90. The company report on February 18, 2021 that Statement from the Chief Public Health Officer of Canada on February 18, 2021.
As COVID-19 activity continues in Canada, we are tracking a range of epidemiological indicators to monitor where the disease is most active, where it is spreading and how it is impacting the health of Canadians and public health, laboratory and healthcare capacity. The following is the latest summary on national numbers and trends, and the actions we all need to be taking to maintain COVID-19 at manageable levels across the country.
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Since the start of the pandemic, there have been 834,182 cases of COVID-19, including 21,435 deaths reported in Canada; these cumulative numbers tell us about the overall burden of COVID-19 illness to date. Though many areas continue to experience high infection rates, it is important to remember that the vast majority of Canadians remain susceptible to COVID-19. As well, the emergence and spread of certain SARS-CoV-2 virus variants is an additional cause for concern. Over the past week (Feb 7-13), there were on average of 101,072 tests completed daily across Canada, of which 3.1% were positive for COVID-19. As of February 17, all provinces have reported detections of variants of concern. Although it is normal for variants to emerge as viruses continuously evolve, some variants are considered “variants of concern” because they spread more easily, some may cause more severe illness, or current vaccines may be less effective against them. This is why we need to maintain the strictest vigilance in our public health measures and individual practices. This will help to prevent these variants from reaccelerating the epidemic and making it much more difficult to control.
The results of the trading session contributed to over 4305184 shares changing hands. Over the past one week, the price volatility of Amazon.com Inc. stands at 1.94% while the volatility over the past one month is 2.21%.
The market cap for AMZN stock reached $1675.97 billion, with 500.00 million shares outstanding and 432.19 million shares in the current float. Compared to the average trading volume of 3.66M shares, AMZN reached a trading volume of 4305184 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $4010.49 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.
Wedbush have made an estimate for Amazon.com Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 03, 2021. While these analysts kept the previous recommendation, UBS raised their target price from $4000 to $4150. The new note on the price target was released on February 03, 2021, representing the official price target for Amazon.com Inc. stock. Previously, the target price had yet another raise from $4000 to $5200, while Susquehanna kept a Positive rating on AMZN stock. On February 03, 2021, analysts increased their price target for AMZN shares from 3600 to 4000.
The Average True Range (ATR) for Amazon.com Inc. is set at 71.16, with the Price to Sales ratio for AMZN stock in the period of the last 12 months amounting to 4.34. The Price to Book ratio for the last quarter was 17.40, with the Price to Cash per share for the same quarter was set at 163.65. Price to Free Cash Flow for AMZN in the course of the last twelve months was 64.65 with Quick ratio for the last quarter at 0.90.
How has AMZN stock performed recently?
Amazon.com Inc. [AMZN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.37. With this latest performance, AMZN shares dropped by -0.41% in over the last four-week period, additionally sinking by -0.32% over the last 6 months – not to mention a rise of 50.94% 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 47.84, with the RSI for the last a single of trading hit 44.01, and the three-weeks RSI is set at 49.60 for Amazon.com Inc. [AMZN]. The present Moving Average for the last 50 days of trading for this stock 3,230.98, while it was recorded at 3,286.69 for the last single week of trading, and 3,058.23 for the last 200 days.
Amazon.com Inc. [AMZN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Amazon.com Inc. [AMZN] shares currently have an operating margin of +5.91 and a Gross Margin at +39.57. Amazon.com Inc.’s Net Margin is presently recorded at +5.53.
Return on Total Capital for AMZN is now 13.69, given the latest momentum, and Return on Invested Capital for the company is 14.08. Return on Equity for this stock inclined to 27.44, with Return on Assets sitting at 7.81. When it comes to the capital structure of this company, Amazon.com Inc. [AMZN] has a Total Debt to Total Equity ratio set at 107.60. Additionally, AMZN Total Debt to Total Capital is recorded at 51.83, with Total Debt to Total Assets ending up at 31.29. Long-Term Debt to Equity for the company is recorded at 90.35, with the Long-Term Debt to Total Capital now at 43.52.
Reflecting on the efficiency of the workforce at the company, Amazon.com Inc. [AMZN] managed to generate an average of $16,434 per employee. Receivables Turnover for the company is 17.24 with a Total Asset Turnover recorded at a value of 1.41.Amazon.com Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.10.
Earnings analysis for Amazon.com Inc. [AMZN]
With the latest financial reports released by the company, Amazon.com Inc. posted 5.01/share EPS, while the average EPS was predicted by analysts to be reported at 6.25/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -19.80%. 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 38.37%.
Insider trade positions for Amazon.com Inc. [AMZN]
There are presently around $935,592 million, or 58.70% of AMZN stock, in the hands of institutional investors. The top three institutional holders of AMZN stocks are: VANGUARD GROUP INC with ownership of 32,435,650, which is approximately -1.062% of the company’s market cap and around 10.60% of the total institutional ownership; BLACKROCK INC., holding 27,524,749 shares of the stock with an approximate value of $89.45 billion in AMZN stocks shares; and STATE STREET CORP, currently with $51.85 billion in AMZN stock with ownership of nearly -2.389% of the company’s market capitalization.
Positions in Amazon.com Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 2,105 institutional holders increased their position in Amazon.com Inc. [NASDAQ:AMZN] by around 13,621,964 shares. Additionally, 1,319 investors decreased positions by around 8,600,552 shares, while 319 investors held positions by with 265,660,942 shares. The mentioned changes placed institutional holdings at 287,883,458 shares, according to the latest SEC report filing. AMZN stock had 417 new institutional investments in for a total of 1,887,286 shares, while 95 institutional investors sold positions of 363,946 shares during the same period.