Latest Stocks: Amazon.com (AMZN) Earns News Impact Rating of 0.07

Latest Stocks: Amazon.com (AMZN) Earns News Impact Rating of 0.07

Media stories about Amazon.com (NASDAQ:AMZN) have trended somewhat positive on Tuesday, according to Alpha One Sentiment Analysis. Alpha One, a service of Accern, identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Amazon.com earned a news sentiment score of 0.07 on Alpha One’s scale. Alpha One also gave media headlines about the e-commerce giant an impact score of 71 out of 100, indicating that recent news coverage is likely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have effected Alpha One’s scoring:

A number of research analysts recently issued reports on AMZN shares. Deutsche Bank AG raised their target price on shares of Amazon.com from $1,050.00 to $1,125.00 and gave the company a “buy” rating in a research note on Friday, April 28th. Robert W. Baird restated an “outperform” rating and issued a $850.00 price target on shares of Amazon.com in a research report on Monday, May 1st. MKM Partners restated a “buy” rating on shares of Amazon.com in a research report on Thursday, March 30th. Raymond James Financial, Inc. lowered shares of Amazon.com from an “outperform” rating to a “mkt perform” rating in a research report on Wednesday, April 26th. Finally, Goldman Sachs Group Inc restated a “buy” rating on shares of Amazon.com in a research report on Monday, May 1st. Five research analysts have rated the stock with a hold rating and forty-five have assigned a buy rating to the company’s stock. Amazon.com has a consensus rating of “Buy” and an average target price of $1,009.43. Shares of Amazon.com (AMZN) opened at 1011.34 on Tuesday. The company has a 50-day moving average of $949.86 and a 200 day moving average of $853.40. Amazon.com has a 52-week low of $682.11 and a 52-week high of $1,013.21. The firm has a market cap of $483.40 billion, a P/E ratio of 190.46 and a beta of 1.40.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.45. The business had revenue of $35.71 billion during the quarter, compared to the consensus estimate of $35.31 billion. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. The firm’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.07 earnings per share. On average, equities analysts expect that Amazon.com will post $6.66 earnings per share for the current year. In other news, insider David Zapolsky sold 505 shares of the stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of $946.59, for a total value of $478,027.95. Following the sale, the insider now directly owns 2,018 shares of the company’s stock, valued at $1,910,218.62. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Tom A. Alberg sold 800 shares of the stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $1,000.00, for a total value of $800,000.00. Following the completion of the sale, the director now directly owns 20,320 shares in the company, valued at $20,320,000. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,008,710 shares of company stock valued at $949,126,337. 17.70% of the stock is owned by corporate insiders.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, April 27th. The e-commerce giant reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.45. The business had revenue of $35.71 billion during the quarter, compared to the consensus estimate of $35.31 billion. Amazon.com had a return on equity of 13.87% and a net margin of 1.74%. The firm’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.07 earnings per share. On average, equities analysts expect that Amazon.com will post $6.66 earnings per share for the current year. About Amazon.com

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