Amazon.com (AMZN) Receiving Somewhat Favorable Press Coverage, Report Shows

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Media coverage about Amazon.com (NASDAQ:AMZN) has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Amazon.com earned a media sentiment score of 1.19 on their scale. InfoTrie also assigned news stories about the e-commerce giant an news buzz score of 5 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have impacted Amazon.com’s ranking:

A number of equities analysts have recently issued reports on AMZN shares. Nomura restated a “buy” rating on shares of Amazon.com in a research note on Friday, July 27th. Canaccord Genuity raised their price target on Amazon.com from $2,000.00 to $2,100.00 and gave the stock a “buy” rating in a research note on Friday, July 27th. BidaskClub upgraded Amazon.com from a “sell” rating to a “hold” rating in a research note on Saturday. Macquarie restated a “buy” rating on shares of Amazon.com in a research note on Friday, July 27th. Finally, Barclays restated a “buy” rating and issued a $1,870.00 price target on shares of Amazon.com in a research note on Friday, July 27th. Four analysts have rated the stock with a hold rating and forty-seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $2,091.53.

Shares of Amazon.com stock traded down $42.48 during trading hours on Friday, hitting $1,712.43. The company’s stock had a trading volume of 5,891,531 shares, compared to its average volume of 8,251,879. Amazon.com has a 12-month low of $1,121.63 and a 12-month high of $2,050.50. The company has a market capitalization of $858.38 billion, a price-to-earnings ratio of 376.36, a PEG ratio of 3.36 and a beta of 1.70. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 0.63.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 25th. The e-commerce giant reported $5.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.29 by $2.46. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. The business had revenue of $56.58 billion for the quarter, compared to the consensus estimate of $57.05 billion. On average, equities analysts expect that Amazon.com will post 19.37 earnings per share for the current year.

In other news, Director Judith A. Mcgrath sold 500 shares of the business’s stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $1,905.00, for a total value of $952,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew R. Jassy sold 1,726 shares of the business’s stock in a transaction dated Wednesday, August 15th. The shares were sold at an average price of $1,900.00, for a total value of $3,279,400.00. Following the completion of the transaction, the chief executive officer now owns 88,801 shares in the company, valued at $168,721,900. The disclosure for this sale can be found here. Insiders sold 36,327 shares of company stock worth $64,744,896 over the last 90 days. Company insiders own 16.30% of the company’s stock.

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Amazon.com Company Profile

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 vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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