Could this be the case of a blown-up long-term opportunity? American Express Co. (AXP)

American Express Co. [AXP] stock is trading at $218.34, down -0.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AXP shares have lost -0.68% over the last week, with a monthly amount drifted -0.05%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

American Express Co. [NYSE: AXP] stock has seen the most recent analyst activity on April 09, 2024, when Barclays downgraded its rating to a Equal Weight and also boosted its price target to $221 from $220. Previously, Monness Crespi & Hardt upgraded its rating to Buy on April 05, 2024, and kept the price target unchanged to $245. On February 08, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $222 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $235 on January 10, 2024. BMO Capital Markets downgraded its rating to a Underperform but $157 remained the price target by the analyst firm on January 10, 2024. Robert W. Baird downgraded its rating to Underperform for this stock on January 08, 2024, but kept the price target unchanged to $190. In a note dated January 04, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $167 to $205.

American Express Co. [AXP] stock has fluctuated between $140.91 and $231.69 over the past year. Currently, Wall Street analysts expect the stock to reach $186.44 within the next 12 months. American Express Co. [NYSE: AXP] shares were valued at $218.34 at the most recent close of the market. An investor can expect a potential drop of -14.61% based on the average AXP price forecast.

Analyzing the AXP fundamentals

American Express Co. [NYSE:AXP] reported sales of 67.38B for the trailing twelve months, which represents a growth of 15.35%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.31 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.75.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 216.77 points at the first support level, and at 215.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 219.64, and for the 2nd resistance point, it is at 220.95.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.35, the price to book ratio is 5.63 and price to earnings (TTM) ratio is 19.47.

Transactions by insiders

Recent insider trading involved Marquez Rafael, President, International Card, that happened on Feb 29 ’24 when 7900.0 shares were sold. Grp. Pres., GMNS, Joabar Raymond completed a deal on Feb 20 ’24 to sell 8625.0 shares. Meanwhile, Chief Legal Officer Seeger Laureen sold 84420.0 shares on Feb 12 ’24.

Related Posts