Amazon.com Inc. [NASDAQ: AMZN] jumped around 2.96 points on Friday, while shares priced at $143.56 at the close of the session, up 2.11%. The company report on November 9, 2023 at 8:00 AM that Customers Can Now Get Amazon’s Fast, Affordable Grocery Delivery Without a Prime Membership.
Amazon expands Amazon Fresh grocery delivery and pickup to all customers, and unveils re-imagined Amazon Fresh stores in Los Angeles.
Today, Amazon announced it is making grocery delivery and free pickup available to all customers in all U.S. cities and towns where Amazon Fresh is available for Prime members. This service expansion, previously available only to Prime members, makes it easier for all customers to get their grocery needs met both in-store and online.
Amazon.com Inc. stock is now 70.90% up from its year-to-date (YTD) trading value. AMZN Stock saw the intraday high of $143.65 and lowest of $139.91 per share. The company’s 52-week high price is 145.86, which means current price is +76.30% above from all time high which was touched on 09/14/23.
Compared to the average trading volume of 52.08M shares, AMZN reached a trading volume of 49114362 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 $175.22 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 1.17. 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.
HSBC Securities have made an estimate for Amazon.com Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 02, 2023.
The Average True Range (ATR) for Amazon.com Inc. is set at 3.63, with the Price to Sales ratio for AMZN stock in the period of the last 12 months amounting to 2.68. The Price to Book ratio for the last quarter was 8.10, with the Price to Cash per share for the same quarter was set at 6.26. Price to Free Cash Flow for AMZN in the course of the last twelve months was 87.68 with Quick ratio for the last quarter at 0.74.
How has AMZN stock performed recently?
Amazon.com Inc. [AMZN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.58. With this latest performance, AMZN shares gained by 8.49% in over the last four-week period, additionally plugging by 30.20% over the last 6 months – not to mention a rise of 66.66% 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 65.42, with the RSI for the last a single of trading hit 70.73, and the three-weeks RSI is set at 61.64 for Amazon.com Inc. [AMZN]. The present Moving Average for the last 50 days of trading for this stock 133.07, while it was recorded at 141.74 for the last single week of trading, and 119.39 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 +2.63 and a Gross Margin at +43.81. Amazon.com Inc.’s Net Margin is presently recorded at -0.53.
Return on Total Capital for AMZN is now 4.73, given the latest momentum, and Return on Invested Capital for the company is -1.01. Return on Equity for this stock declined to -1.91, with Return on Assets sitting at -0.62. When it comes to the capital structure of this company, Amazon.com Inc. [AMZN] has a Total Debt to Total Equity ratio set at 106.11. Additionally, AMZN Total Debt to Total Capital is recorded at 51.48, with Total Debt to Total Assets ending up at 33.49. Long-Term Debt to Equity for the company is recorded at 95.94, with the Long-Term Debt to Total Capital now at 46.55.
Reflecting on the efficiency of the workforce at the company, Amazon.com Inc. [AMZN] managed to generate an average of -$1,766 per employee. Receivables Turnover for the company is 13.77 with a Total Asset Turnover recorded at a value of 1.16.Amazon.com Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.74 and a Current Ratio set at 0.98.
Insider trade positions for Amazon.com Inc. [AMZN]
There are presently around $847.0 billion, or None% of AMZN stock, in the hands of institutional investors. The top three institutional holders of AMZN stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in AMZN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in AMZN stock with ownership which is approximately 5.7994%.