American Express Co. [AXP] stock prices are up 1.46% to $285.78 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AXP shares have gain 5.66% over the last week, with a monthly amount glided 9.00%, 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 14, 2024, when Monness Crespi & Hardt reiterated its Buy rating and also boosted its price target to $300 from $265. Previously, HSBC Securities downgraded its rating to Hold on October 08, 2024, and elevated its price target to $270. On October 08, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $230 on the stock. JP Morgan downgraded its rating to a Neutral and increased its price target to $286 on October 07, 2024. BofA Securities downgraded its rating to a Neutral but $263 remained the price target by the analyst firm on August 21, 2024. Monness Crespi & Hardt reiterated a Buy rating for this stock on July 22, 2024, and upped its price target to $265. In a note dated July 16, 2024, Compass Point initiated an Neutral rating and provided a target price of $260 on this stock.
The stock price of American Express Co. [AXP] has been fluctuating between $140.91 and $281.87 over the past year. Currently, Wall Street analysts expect the stock to reach $210.36 within the next 12 months. American Express Co. [NYSE: AXP] shares were valued at $285.78 at the most recent close of the market. An investor can expect a potential drop of -26.39% 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 283.39 points at the first support level, and at 281.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 287.27, and for the 2nd resistance point, it is at 288.75.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.86, the price to book ratio is 6.89 and price to earnings (TTM) ratio is 21.32.
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.
