Trade-Ideas LLC identified

Amazon.com

(

AMZN

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Amazon.com as such a stock due to the following factors:

  • AMZN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $4.1 billion.
  • AMZN has traded 121,534 shares today.
  • AMZN is trading at a new lifetime high.

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More details on AMZN:

Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. AMZN has a PE ratio of 27. Currently there are 26 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Recommends

The average volume for Amazon.com has been 4.5 million shares per day over the past 30 days. Amazon.com has a market cap of $311.0 billion and is part of the services sector and retail industry. The stock has a beta of 1.64 and a short float of 1.7% with 0.98 days to cover. Shares are down 0.3% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Amazon.com as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • AMAZON.COM INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, AMAZON.COM INC turned its bottom line around by earning $1.24 versus -$0.54 in the prior year. This year, the market expects an improvement in earnings ($5.48 versus $1.24).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Internet & Catalog Retail industry. The net income increased by 1000.0% when compared to the same quarter one year prior, rising from -$57.00 million to $513.00 million.
  • AMZN's revenue growth trails the industry average of 42.8%. Since the same quarter one year prior, revenues rose by 28.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • 41.50% is the gross profit margin for AMAZON.COM INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 1.76% trails the industry average.
  • Powered by its strong earnings growth of 991.66% and other important driving factors, this stock has surged by 56.48% over the past year, outperforming the rise in the S&P 500 Index during the same period. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.

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