American Express Co. [AXP] stock prices are down -0.35% to $270.47 at the moment. 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 0.70% over the last week, with a monthly amount glided 6.41%, and 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 October 08, 2024, when HSBC Securities downgraded its rating to a Hold and also boosted its price target to $270 from $265. Previously, BTIG Research downgraded its rating to Sell on October 08, 2024, and kept the price target unchanged to $230. On October 07, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $286 on the stock. BofA Securities downgraded its rating to a Neutral but stick to its price target of $263 on August 21, 2024. Monness Crespi & Hardt reiterated its recommendation of a Buy and raised its price target to $265 on July 22, 2024. Compass Point started tracking with a Neutral rating for this stock on July 16, 2024, and assigned it a price target of $260. In a note dated July 15, 2024, Monness Crespi & Hardt reiterated an Buy rating on this stock and boosted its target price from $250 to $260.
The stock price of American Express Co. [AXP] has been fluctuating between $140.91 and $276.79 over the past year. Currently, Wall Street analysts expect the stock to reach $209.11 within the next 12 months. American Express Co. [NYSE: AXP] shares were valued at $270.47 at the most recent close of the market. An investor can expect a potential drop of -22.69% based on the average AXP price forecast.
Analyzing the AXP fundamentals
The American Express Co. [NYSE:AXP] reported sales of 71.15B for trailing twelve months, representing a surge 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.8.
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 269.27 points at the first support level, and at 268.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 272.29, and for the 2nd resistance point, it is at 274.10.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 6.52 and price to earnings (TTM) ratio is 20.18.
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.
