Market Insight: Amazon.com Inc (AMZN)’s Notable Drop, Closing at 202.88

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In the latest session, Amazon.com Inc (NASDAQ: AMZN) closed at $202.88 down -0.85% from its previous closing price of $204.61. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 32.52 million shares were traded. AMZN stock price reached its highest trading level at $203.06 during the session, while it also had its lowest trading level at $199.45.

Ratios:

For a deeper understanding of Amazon.com Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.52.

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, Needham on November 14, 2024, Reiterated its Buy rating but revised its target price to $250 from $210 previously.

On November 01, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $215 to $235.

Monness Crespi & Hardt reiterated its Buy rating for the stock on November 01, 2024, while the target price for the stock was revised from $225 to $245.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 15 ’24 when Herrington Douglas J sold 5,502 shares for $205.81 per share. The transaction valued at 1,132,355 led to the insider holds 518,911 shares of the business.

Huttenlocher Daniel P sold 1,237 shares of AMZN for $246,237 on Nov 19 ’24. The Director now owns 24,912 shares after completing the transaction at $199.06 per share. On Nov 19 ’24, another insider, Huttenlocher Daniel P, who serves as the Director of the company, bought 1,237 shares for $199.06 each.

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 2151481475072 and an Enterprise Value of 2203769372672. As of this moment, Amazon.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.48, and their Forward P/E ratio for the next fiscal year is 32.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 8.23. Its current Enterprise Value per Revenue stands at 3.554 whereas that against EBITDA is 19.75.

Stock Price History:

Over the past 52 weeks, AMZN has reached a high of $215.90, while it has fallen to a 52-week low of $141.50. The 50-Day Moving Average of the stock is 5.36%, while the 200-Day Moving Average is calculated to be 10.55%.

Shares Statistics:

For the past three months, AMZN has traded an average of 37.24M shares per day and 43918830 over the past ten days. A total of 10.38B shares are outstanding, with a floating share count of 9.39B. Insiders hold about 10.68% of the company’s shares, while institutions hold 63.00% stake in the company. Shares short for AMZN as of 1730332800 were 76617971 with a Short Ratio of 2.06, compared to 1727654400 on 92617939. Therefore, it implies a Short% of Shares Outstanding of 76617971 and a Short% of Float of 0.8200000000000001.

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