American Express Co [AXP] stock prices are up 3.98% to $312.32 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 3.41% over the last week, with a monthly amount glided 4.00%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
American Express Co [NYSE: AXP] stock has seen the most recent analyst activity on December 19, 2024, when Monness Crespi & Hardt reiterated its Buy rating and also boosted its price target to $330 from $300. Previously, Monness Crespi & Hardt reaffirmed its Buy rating on October 14, 2024, and elevated its price target to $300. On October 08, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $270 on the stock. BTIG Research downgraded its rating to a Sell but stick to its price target of $230 on October 08, 2024. JP Morgan downgraded its rating to a Neutral and raised its price target to $286 on October 07, 2024. BofA Securities downgraded its rating to Neutral for this stock on August 21, 2024, but kept the price target unchanged to $263. In a note dated July 22, 2024, Monness Crespi & Hardt reiterated an Buy rating on this stock and boosted its target price from $260 to $265.
The stock price of American Express Co [AXP] has been fluctuating between $177.81 and $307.82 over the past year. Currently, Wall Street analysts expect the stock to reach $274.86 within the next 12 months. American Express Co [NYSE: AXP] shares were valued at $312.32 at the most recent close of the market. An investor can expect a potential drop of -11.99% based on the average AXP price forecast.
Analyzing the AXP fundamentals
The American Express Co [NYSE:AXP] reported sales of 72.73B for trailing twelve months, representing a surge of 9.21%. 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 306.37 points at the first support level, and at 300.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 316.12, and for the 2nd resistance point, it is at 319.91.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.03, the price to book ratio is 7.40 and price to earnings (TTM) ratio is 22.97.
Transactions by insiders
Recent insider trading involved Le Caillec Christophe, Chief Financial Officer, that happened on Nov 27 ’24 when 6000.0 shares were sold. Officer, CHRISTOPHE LE CAILLEC completed a deal on Nov 27 ’24 to buy 6600.0 shares. Meanwhile, Chairman and CEO Squeri Stephen J sold 0.17 million shares on Nov 07 ’24.
