For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Amazon.com Inc.’s stock clocked out at $179.54, up 1.30% from its previous closing price of $177.23. In other words, the price has increased by $1.30 from its previous closing price. On the day, 36.79 million shares were traded. AMZN stock price reached its highest trading level at $179.93 during the session, while it also had its lowest trading level at $175.975.
Ratios:
To gain a deeper understanding of AMZN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.67.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on April 17, 2024, Reiterated its Buy rating but revised its target price to $216 from $195 previously.
On April 17, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $218.
Wolfe Research reiterated its Outperform rating for the stock on February 02, 2024, while the target price for the stock was revised from $195 to $205.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 19 ’24 when Selipsky Adam sold 500 shares for $179.00 per share. The transaction valued at 89,500 led to the insider holds 130,100 shares of the business.
Selipsky Adam sold 500 shares of AMZN for $90,690 on Apr 18 ’24. The CEO Amazon Web Services now owns 130,600 shares after completing the transaction at $181.38 per share. On Apr 05 ’24, another insider, Selipsky Adam, who serves as the CEO Amazon Web Services of the company, sold 500 shares for $182.53 each. As a result, the insider received 91,265 and left with 131,100 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMZN now has a Market Capitalization of 1867700764672 and an Enterprise Value of 1915749531648. As of this moment, Amazon.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.13, and their Forward P/E ratio for the next fiscal year is 33.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 9.23. Its current Enterprise Value per Revenue stands at 3.333 whereas that against EBITDA is 22.402.
Stock Price History:
Over the past 52 weeks, AMZN has reached a high of $189.77, while it has fallen to a 52-week low of $101.15. The 50-Day Moving Average of the stock is 1.25%, while the 200-Day Moving Average is calculated to be 19.75%.
Shares Statistics:
It appears that AMZN traded 42.43M shares on average per day over the past three months and 38717060 shares per day over the past ten days. A total of 10.38B shares are outstanding, with a floating share count of 9.24B. Insiders hold about 11.09% of the company’s shares, while institutions hold 61.95% stake in the company. Shares short for AMZN as of 1711584000 were 70546891 with a Short Ratio of 1.66, compared to 1709164800 on 66872027. Therefore, it implies a Short% of Shares Outstanding of 70546891 and a Short% of Float of 0.8999999999999999.
