Amazon.com (AMZN) Earns Daily News Impact Score of 0.13
News articles about Amazon.com (NASDAQ:AMZN) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Amazon.com earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the e-commerce giant an impact score of 44.7867144449625 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Amazon Is on the Verge of a Colossal Breakdown After Whole Foods Deal – TheStreet.com (thestreet.com)
- Amazon.com, Inc. (AMZN) Owns Whole Foods — But Should You Buy? – Yahoo News (finance.yahoo.com)
- Amazon’s ‘The Tick’ Works Best In Small Bites (finance.yahoo.com)
- Ciena FYQ3 On Tap: Amazon Biz Among Healthy Signs (finance.yahoo.com)
- Whole Foods overall prices still high after selective cuts: analyst (feeds.reuters.com)
Several equities analysts have commented on the stock. KeyCorp reissued a “hold” rating on shares of Amazon.com in a research report on Monday. JMP Securities reissued an “outperform” rating and set a $1,125.00 target price on shares of Amazon.com in a research report on Friday. Needham & Company LLC set a $1,150.00 target price on shares of Amazon.com and gave the stock a “buy” rating in a research report on Friday. Independent Research GmbH reissued a “buy” rating on shares of Amazon.com in a research report on Wednesday, August 23rd. Finally, Robert W. Baird reissued an “outperform” rating and set a $1,100.00 target price on shares of Amazon.com in a research report on Wednesday, August 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, forty-five have issued a buy rating and two have issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $1,080.08.
Shares of Amazon.com (NASDAQ:AMZN) traded up 0.85% on Tuesday, reaching $954.06. 2,874,299 shares of the company were exchanged. Amazon.com has a 52 week low of $710.10 and a 52 week high of $1,083.31. The stock has a market capitalization of $458.31 billion, a price-to-earnings ratio of 242.64 and a beta of 1.48. The firm’s 50 day moving average price is $993.73 and its 200 day moving average price is $935.81.
Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 27th. The e-commerce giant reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by $1.00. The business had revenue of $37.96 billion for the quarter, compared to analysts’ expectations of $37.18 billion. Amazon.com had a return on equity of 9.38% and a net margin of 1.28%. The business’s revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the business posted $1.78 earnings per share. Equities research analysts anticipate that Amazon.com will post $3.82 EPS for the current year.
In other news, VP Shelley Reynolds sold 544 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $986.52, for a total transaction of $536,666.88. Following the transaction, the vice president now directly owns 6,533 shares in the company, valued at $6,444,935.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jeffrey A. Wilke sold 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $955.20, for a total transaction of $2,674,560.00. Following the transaction, the chief executive officer now owns 10,000 shares in the company, valued at $9,552,000. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,463 shares of company stock worth $14,294,906. Insiders own 17.70% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Amazon.com (AMZN) Earns Daily News Impact Score of 0.13” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://www.thecerbatgem.com/2017/08/29/amazon-com-amzn-earns-daily-news-impact-score-of-0-13.html.
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The North America segment consists of retail sales of consumer products (including from sellers) and subscriptions through North America-focused Websites, such as www.amazon.com, www.amazon.ca and www.amazon.com.mx.
Receive News & Stock Ratings for Amazon.com Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com Inc. and related stocks with our FREE daily email newsletter.