A share price of American Express Co [AXP] is currently trading at $305.57, up 0.12%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AXP shares have gain 7.01% over the last week, with a monthly amount glided 12.56%, 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.
American Express Co experienced fluctuations in its stock price throughout the past year between $163.32 and $305.80. Currently, Wall Street analysts expect the stock to reach $212.71 within the next 12 months. American Express Co [NYSE: AXP] shares were valued at $305.57 at the most recent close of the market. An investor can expect a potential drop of -30.39% based on the average AXP price forecast.
Analyzing the AXP fundamentals
Trailing Twelve Months sales for American Express Co [NYSE:AXP] were 72.73B which represents 9.21% growth. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.34 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.85.
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 302.72 points at the first support level, and at 299.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 307.69, and for the 2nd resistance point, it is at 309.82.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.96, the price to book ratio is 7.24 and price to earnings (TTM) ratio is 22.48.
Transactions by insiders
Recent insider trading involved Squeri Stephen J, Chairman and CEO, that happened on Nov 07 ’24 when 0.17 million shares were sold. Chief Colleague Experience Off, Herena Monique completed a deal on Nov 07 ’24 to sell 1300.0 shares. Meanwhile, Officer MONIQUE R HERENA bought 1300.0 shares on Nov 07 ’24.
