News stories about Amazon.com (NASDAQ:AMZN) have trended somewhat negative on Monday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Amazon.com earned a media sentiment score of -1.33 on their scale. InfoTrie also gave news stories 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.
Here are some of the media headlines that may have impacted Amazon.com’s score:
Shares of NASDAQ:AMZN traded down $6.99 during trading on Monday, hitting $1,732.66. The stock had a trading volume of 1,894,559 shares, compared to its average volume of 4,145,179. Amazon.com, Inc. has a 12 month low of $1,307.00 and a 12 month high of $2,035.80. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $857.08 billion, a PE ratio of 86.03, a PEG ratio of 2.19 and a beta of 1.54. The firm’s fifty day moving average is $1,781.76 and its 200 day moving average is $1,848.38.
Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 25th. The e-commerce giant reported $5.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $5.29 by ($0.07). Amazon.com had a net margin of 4.80% and a return on equity of 26.27%. The company had revenue of $63.40 billion for the quarter, compared to the consensus estimate of $62.59 billion. During the same period last year, the business earned $5.07 EPS. The firm’s quarterly revenue was up 19.9% on a year-over-year basis. Equities research analysts expect that Amazon.com, Inc. will post 24.01 EPS for the current fiscal year.
A number of research firms have recently issued reports on AMZN. Wedbush reiterated a “buy” rating and issued a $2,350.00 price objective on shares of Amazon.com in a report on Monday, July 22nd. Benchmark restated a “buy” rating and set a $2,300.00 target price on shares of Amazon.com in a report on Friday, July 26th. Monness Crespi & Hardt set a $2,300.00 target price on Amazon.com and gave the company a “buy” rating in a report on Friday, July 19th. ValuEngine upgraded Amazon.com from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Finally, Raymond James set a $2,080.00 target price on Amazon.com and gave the company an “outperform” rating in a report on Friday, July 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and forty have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $2,256.29.
In other Amazon.com news, SVP David Zapolsky sold 880 shares of Amazon.com stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $1,776.73, for a total value of $1,563,522.40. Following the completion of the sale, the senior vice president now owns 3,749 shares of the company’s stock, valued at approximately $6,660,960.77. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 379 shares of Amazon.com stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $1,775.43, for a total value of $672,887.97. Following the completion of the sale, the vice president now directly owns 6,307 shares of the company’s stock, valued at approximately $11,197,637.01. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,514 shares of company stock valued at $56,347,835. 16.10% of the stock is owned by corporate insiders.
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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