American Express Co. [AXP] stock is trading at $237.05, down -0.34%. 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 gain 4.93% over the last week, with a monthly amount drifted -0.66%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
American Express Co. [NYSE: AXP] stock has seen the most recent analyst activity on July 22, 2024, when Monness Crespi & Hardt reiterated its Buy rating and also boosted its price target to $265 from $260. Previously, Compass Point started tracking the stock with Neutral rating on July 16, 2024, and set its price target to $260. On July 15, 2024, Monness Crespi & Hardt reiterated its Buy rating and revised its price target to $260 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $250 on June 10, 2024. BTIG Research initiated its recommendation with a Neutral. Barclays downgraded its rating to Equal Weight for this stock on April 09, 2024, and upped its price target to $221. In a note dated April 05, 2024, Monness Crespi & Hardt upgraded an Buy rating on this stock but restated the target price of $245.
American Express Co. [AXP] stock has fluctuated between $140.91 and $256.24 over the past year. Currently, Wall Street analysts expect the stock to reach $202.15 within the next 12 months. American Express Co. [NYSE: AXP] shares were valued at $237.05 at the most recent close of the market. An investor can expect a potential drop of -14.72% based on the average AXP price forecast.
Analyzing the AXP fundamentals
American Express Co. [NYSE:AXP] reported sales of 71.15B for the trailing twelve months, which represents a growth of 10.00%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.35 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.8.
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 235.30 points at the first support level, and at 233.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 238.90, and for the 2nd resistance point, it is at 240.74.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.37, the price to book ratio is 5.71 and price to earnings (TTM) ratio is 17.68.
Transactions by insiders
Recent insider trading involved Pickett Denise, Pres., GSG and TLS, that happened on May 22 ’24 when 2768.0 shares were sold. Grp. Pres., GMNS, Joabar Raymond completed a deal on May 20 ’24 to sell 2230.0 shares. Meanwhile, Grp. Pres., GMNS Joabar Raymond sold 425.0 shares on May 20 ’24.
