Amazon.com Inc. [NASDAQ: AMZN] closed the trading session at $3052.03 on 03/26/21. The day’s price range saw the stock hit a low of $2,996.00, while the highest price level was $3,056.66. The company report on March 26, 2021 that Hagens Berman: Booksellers Sue Amazon and Big Five Publishers for Alleged Monopoly Price-Fixing the U.S. Print Book Market.
Booksellers file class-action lawsuit accusing defendants of intentionally inflating prices and controlling book sales.
Retail booksellers today hit Amazon.com and publishing companies with a class-action lawsuit alleging a massive price-fixing scheme to intentionally constrain the bookselling market and inflate the wholesale price of print books, according to Hagens Berman and its co-counsel Sperling & Slater P.C.
The stocks have a year to date performance of -6.29 percent and weekly performance of -0.75 percent. The stock has been moved at 1.07 percent over the last six months. The stock has performed -0.17 percent around the most recent 30 days and changed -4.18 percent over the most recent 3-months.
If compared to the average trading volume of 3.72M shares, AMZN reached to a volume of 3290430 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 $3999.36 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 1.60. 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 81.58, with the Price to Sales ratio for AMZN stock in the period of the last 12 months amounting to 3.97. The Price to Book ratio for the last quarter was 16.34, with the Price to Cash per share for the same quarter was set at 167.92. Price to Free Cash Flow for AMZN in the course of the last twelve months was 59.17 with Quick ratio for the last quarter at 0.90.
AMZN stock trade performance evaluation
Amazon.com Inc. [AMZN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.75. With this latest performance, AMZN shares dropped by -0.17% in over the last four-week period, additionally plugging by 1.07% over the last 6 months – not to mention a rise of 56.07% 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 44.73, with the RSI for the last a single of trading hit 44.29, and the three-weeks RSI is set at 45.18 for Amazon.com Inc. [AMZN]. The present Moving Average for the last 50 days of trading for this stock 3,177.41, while it was recorded at 3,086.75 for the last single week of trading, and 3,137.87 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 +5.91 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 per share (EPS) analysis for Amazon.com Inc. [AMZN] stock
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 37.20%.
Amazon.com Inc. [AMZN]: Insider Ownership positions
There are presently around $885,134 million, or 59.00% 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 $84.01 billion in AMZN stocks shares; and STATE STREET CORP, currently with $48.69 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 2,160 institutional holders increased their position in Amazon.com Inc. [NASDAQ:AMZN] by around 11,412,821 shares. Additionally, 1,315 investors decreased positions by around 8,671,295 shares, while 317 investors held positions by with 269,930,647 shares. The mentioned changes placed institutional holdings at 290,014,763 shares, according to the latest SEC report filing. AMZN stock had 458 new institutional investments in for a total of 2,008,357 shares, while 92 institutional investors sold positions of 354,540 shares during the same period.