Amazon.com (AMZN) Earns News Impact Rating of 0.11

Media coverage about Amazon.com (NASDAQ:AMZN) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Amazon.com earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the e-commerce giant an impact score of 44.4915601507145 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the media stories that may have impacted Accern’s rankings:

A number of analysts recently issued reports on AMZN shares. Canaccord Genuity restated a “buy” rating and set a $1,200.00 target price on shares of Amazon.com in a report on Wednesday, October 11th. Wedbush set a $1,250.00 target price on Amazon.com and gave the stock a “buy” rating in a report on Monday, October 23rd. Royal Bank Of Canada set a $1,100.00 price target on Amazon.com and gave the stock a “buy” rating in a research report on Monday, September 11th. Morgan Stanley reaffirmed a “buy” rating and set a $1,150.00 price target on shares of Amazon.com in a research report on Tuesday, October 10th. Finally, Atlantic Securities reaffirmed a “buy” rating on shares of Amazon.com in a research report on Friday, October 27th. Four equities research analysts have rated the stock with a hold rating and fifty have assigned a buy rating to the company. Amazon.com currently has a consensus rating of “Buy” and an average target price of $1,210.68.

Amazon.com (AMZN) traded up $7.62 during mid-day trading on Wednesday, hitting $1,141.57. 4,079,700 shares of the stock traded hands, compared to its average volume of 3,586,728. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.03. Amazon.com has a twelve month low of $747.70 and a twelve month high of $1,213.41. The stock has a market cap of $546,418.94, a price-to-earnings ratio of 287.80, a P/E/G ratio of 14.21 and a beta of 1.47.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings results on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.09 by ($0.57). The company had revenue of $43.74 billion during the quarter, compared to analysts’ expectations of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The company’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.52 earnings per share. research analysts expect that Amazon.com will post 4.24 EPS for the current year.

In other Amazon.com news, CEO Jeffrey P. Bezos sold 391,110 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $1,103.53, for a total value of $431,601,618.30. Following the completion of the sale, the chief executive officer now owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Shelley Reynolds sold 544 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $1,126.27, for a total transaction of $612,690.88. The disclosure for this sale can be found here. Insiders sold a total of 399,538 shares of company stock worth $441,142,749 over the last ninety days. 17.00% of the stock is currently owned by corporate insiders.

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About Amazon.com

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

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