Somewhat Favorable Media Coverage Unlikely to Impact Amazon.com (AMZN) Share Price

News articles about Amazon.com (NASDAQ:AMZN) have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Amazon.com earned a media sentiment score of 0.67 on their scale. InfoTrie also assigned media coverage about the e-commerce giant an news buzz score of 3 out of 10, meaning that recent press coverage is unlikely to have an effect on the company’s share price in the near future.

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

AMZN stock opened at $1,815.48 on Friday. The stock has a market cap of $914.52 billion, a price-to-earnings ratio of 90.14, a PEG ratio of 2.11 and a beta of 1.62. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.09 and a quick ratio of 0.83. Amazon.com, Inc. has a 1 year low of $1,307.00 and a 1 year high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, April 25th. The e-commerce giant reported $7.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $4.61 by $2.48. The firm had revenue of $59.70 billion during the quarter, compared to analysts’ expectations of $59.73 billion. Amazon.com had a return on equity of 28.91% and a net margin of 4.97%. The company’s revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.27 EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 26.59 earnings per share for the current year.

A number of research analysts have recently weighed in on AMZN shares. JPMorgan Chase & Co. reissued a “buy” rating on shares of Amazon.com in a research note on Friday, January 25th. Royal Bank of Canada reissued a “buy” rating on shares of Amazon.com in a research note on Friday, January 25th. Credit Suisse Group reissued an “outperform” rating on shares of Amazon.com in a research note on Monday, January 28th. Zacks Investment Research downgraded Amazon.com from a “buy” rating to a “hold” rating in a research note on Monday, January 28th. Finally, KeyCorp reissued a “hold” rating on shares of Amazon.com in a research note on Tuesday, January 29th. Five investment analysts have rated the stock with a hold rating and forty-three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $2,181.89.

In other Amazon.com news, CEO Jeffrey A. Wilke sold 1,000 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $1,858.25, for a total transaction of $1,858,250.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares in the company, valued at approximately $18,582,500. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jeffrey A. Wilke sold 2,500 shares of the stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $1,934.42, for a total value of $4,836,050.00. Following the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $19,344,200. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,990 shares of company stock valued at $24,295,428. Corporate insiders own 16.10% of the company’s stock.

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About Amazon.com

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 third-party sellers through physical stores and online stores.

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