Stock Performance Spotlight: Amazon.com Inc. (AMZN) Ends the Day at 185.99, Down by -0.58

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Amazon.com Inc.’s stock clocked out at $185.99, down -0.58% from its previous closing price of $187.07. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 75.18 million shares were traded. AMZN stock price reached its highest trading level at $186.7193 during the session, while it also had its lowest trading level at $182.73.

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 22.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.62.

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, Telsey Advisory Group on May 01, 2024, Reiterated its Outperform rating but revised its target price to $215 from $200 previously.

On May 01, 2024, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $215 to $225.

Maxim Group reiterated its Buy rating for the stock on May 01, 2024, while the target price for the stock was revised from $318 to $238.

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 May 09 ’24 when RUBINSTEIN JONATHAN sold 5,264 shares for $190.00 per share. The transaction valued at 1,000,160 led to the insider holds 104,400 shares of the business.

Alexander Keith Brian sold 1,000 shares of AMZN for $186,220 on May 06 ’24. The Director now owns 4,760 shares after completing the transaction at $186.22 per share. On May 01 ’24, another insider, Herrington Douglas J, who serves as the CEO Worldwide Amazon Stores of the company, sold 3,500 shares for $180.29 each. As a result, the insider received 631,012 and left with 509,358 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 1935523577856 and an Enterprise Value of 2011014627328. As of this moment, Amazon.com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.24, and their Forward P/E ratio for the next fiscal year is 31.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.28 while its Price-to-Book (P/B) ratio in mrq is 8.93. Its current Enterprise Value per Revenue stands at 3.404 whereas that against EBITDA is 20.816.

Stock Price History:

The Beta on a monthly basis for AMZN is 1.16, which has changed by 0.5741854 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, AMZN has reached a high of $191.70, while it has fallen to a 52-week low of $109.25. The 50-Day Moving Average of the stock is 2.96%, while the 200-Day Moving Average is calculated to be 20.68%.

Shares Statistics:

It appears that AMZN traded 40.33M shares on average per day over the past three months and 40487940 shares per day over the past ten days. A total of 10.38B shares are outstanding, with a floating share count of 9.25B. Insiders hold about 11.08% of the company’s shares, while institutions hold 62.91% stake in the company. Shares short for AMZN as of 1714435200 were 64485447 with a Short Ratio of 1.60, compared to 1711584000 on 70546891. Therefore, it implies a Short% of Shares Outstanding of 64485447 and a Short% of Float of 0.69.

Most Popular