Amazon.com Inc. (NASDAQ: AMZN) has experienced a slight increase in its stock price, rising by 1.08 compared to its previous closing price of 131.84. However, over the past five trading sessions, the company has only seen a 0.03% increase in its stock price. According to The Motley Fool, stock splits often lead to a jump in stock prices, although they don’t provide significant value to investors. Last summer, several stocks split as prices dropped due to the bear market.
Is It Worth Investing in Amazon.com Inc. (NASDAQ: AMZN) Right Now?
Amazon.com Inc. (NASDAQ: AMZN) currently has a price-to-earnings ratio of 105.93x, which is higher than its average. It also has a 36-month beta value of 1.23. Analyst opinions on the stock are mixed, with 46 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price predicted by analysts for Amazon.com Inc. (AMZN) is $172.01, which is $36.65 higher than the current market price. The public float for AMZN is 9.32B, and currently, short sellers hold 0.82% of that float. On August 28, 2023, the average trading volume of AMZN was 57.21M shares.
AMZN’s Market Performance
Over the past week, the stock of Amazon.com Inc. (AMZN) has seen a 0.03% increase. In the past month, it has risen by 3.91%, and in the past quarter, it has gained 15.88%. The volatility ratio for the week is 2.32%, and for the past 30 days, it stands at 2.24%. The simple moving average for the past 20 days is -1.58%, while the past 200 days have shown a 23.51% simple moving average for AMZN’s stock.
Analysts’ Opinion of AMZN
Many brokerage firms have already released their reports on AMZN stocks. Piper Sandler has reiterated its “Overweight” rating for AMZN. According to Piper Sandler’s research report published on August 24, 2023, the predicted price for AMZN in the upcoming period is $185.
AMZN Trading at 1.09% from the 50-Day Moving Average
After experiencing a market stumble that brought AMZN to its lowest price in the last 52 weeks, the company has struggled to rebound, currently settling with a loss of -7.22% for that period.
The volatility rate for the stock is 2.24%, but over the past 30 days, it has increased to 2.32% as shares have surged +0.79% for the moving average over the last 20 days. However, over the last 50 days, the stock is trading +5.41% higher than its previous position.
In the last 5 trading sessions, AMZN has risen by +0.03%, resulting in a change in the 200-day moving average by +47.20% compared to the 20-day moving average, which settled at $135.46. Additionally, Amazon.com Inc. has seen a 58.64% overturn over the past year, with a tendency to further reduce gains.
Insider Trading
Reports indicate that there have been several instances of insider trading at AMZN. Selipsky Adam sold 500 shares at a price of $135.00 on August 22. After this transaction, Selipsky Adam now owns 108,020 shares of Amazon.com Inc., valued at $67,500 based on the latest closing price.
Jassy Andrew R, the President and CEO of Amazon.com Inc., sold 21,933 shares at $133.92 during a trade on August 21. This means that Jassy Andrew R currently holds 2,030,868 shares valued at $2,937,228 based on the most recent closing price.
Stock Fundamentals for AMZN
The current profitability levels for Amazon.com Inc. are as follows:
- +2.63 for the present operating margin
- +43.81 for the gross margin
The net margin for Amazon.com Inc. is -0.53. The total capital return value is 4.73, while invested capital returns managed to reach -1.01. Equity return is currently at 8.60, with asset returns at 2.90.
Based on Amazon.com Inc. (AMZN), the company’s capital structure has a debt to equity ratio of 106.11, while the total debt to capital ratio is 51.48. The total debt to assets ratio is 33.49, with a long-term debt to equity ratio of 95.94. Finally, the long-term debt to capital ratio is 46.55.
When we look at the enterprise to sales ratio, it stands at 2.70, with the company’s debt to enterprise value settled at 0.16. The receivables turnover for the company is 13.77, and the total asset turnover is 1.16. The liquidity ratio also appears interesting to investors, as it stands at 0.94.
Conclusion
In conclusion, Amazon.com Inc. (AMZN) has shown improved performance recently. Analyst opinions on the stock vary, with some considering it a “buy” and others suggesting a “hold.” It’s worth noting that the stock is currently trading close to its 50-day moving average and its 52-week high.