Squeri Stephen J Sells American Express Company (AXP) Shares

The stock of American Express Company (NYSE:AXP) decreased by -$3.41 on Tuesday to finish at $155.63, down -2.14 percent. The last five days have seen an average of 2,798,580 shares of common stock traded. 14 times new highs were reached in the current year, with a fall of -$7.97. The average number of shares traded over the last 20 days was 3,245,025, while the average volume over the last 50 days totaled 3,449,114.

AXP stock dropped -15.46% since last month. On 05/20/22, the company’s shares reached a one-month low of $149.71. The stock touched a high of $199.55 on 02/16/22, after rallying from a low of $149.71 in 52 weeks. The price of AXP stock has declined by -4.87% or -$7.97 this year, reaching a new high 14 times. Still, the stock price is down -22.01% from the 52-week high.


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Insider Transactions

There have been 27 days since American Express Company (AXP) last reported insider trading activity on Apr 28. On Apr 28, Chairman and CEO Squeri Stephen J sold 48,160 shares at $178.38 each. This transaction resulted in the insider making $8,590,632. On Feb 14, Lieberman Quinn Jessica sold 1,804 shares at a price of US$191.42. After the transaction, the insider now owns 2,102 shares. Group Pres., Enterprise Serv. Williams Anre D had earlier sold 139,909 shares on Feb 09 for $196.82 a share. The transaction was completed for $27,536,698.

Valuation Metrics

American Express Company (AXP) has a trailing price-to-earnings (P/E) ratio of 15.59. Beta for the stock is 1.11. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.59, the price-to-book (PB) ratio of 5.26, and the price-to-cash flow ratio of 8.97.

Company paid $0.52 per share in dividends, remained unchanged from $0.52 last year. A $0.09 dividend increase was reported on Thursday March 10 2022.

Financial Health

The company’s long-term debt to equity ratio for the quarter ending March 30 is 1.71, and the total debt to equity ratio is 5.87. As far as profitability goes, gross margin for the trailing twelve months is 67.90% percent. American Express Company’s operating margin stood at 22.90% for the same period. Based on annual data, it had gross profit of $7.75 billion and revenue of $9.03 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. AXP’s return on assets (ROA) during the last 12 months has been 4.10%. There was a 5.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 32.90%.

Earnings Surprise

According to American Express Company’s quarterly financial report for the quarter that ended March 30. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that American Express Company’s quarterly earnings would be $2.73, but it ended up being $2.44, beating the consensus by 11.90%. At the end of American Express Company’s most recent quarter ended March 30, its total debt was $40.6 billion. Equity owned by shareholders amounts to $753.06 million.

Technical Picture

Here’s a quick look at American Express Company’s (AXP) price momentum from a technical perspective. As of 24 May, the RSI 9-day stood at 39.70%, suggesting the stock is Neutral, with a 45.61% historical volatility rate.

The stochastic %K and %D were 22.36% and 19.22% respectively, while the average true range (ATR) was 5.92. Based on the 14-day stochastic reading of 21.89%, the RSI (14) reading is 39.12%. On the 9-day MACD Oscillator, the stock is at -0.51, and the 14-day reading is at -3.22.

Analyst Ratings

American Express Company (NYSE: AXP) was downgraded by Wolfe Research to a a Peer perform rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned American Express Company (AXP) an Overweight rating. AXP is a stock that is recommended for selling by 1 brokerage firm, while 13 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 11 others recommend it as a buy.

What is AXP’s price target for the next 12 months?

The current consensus forecast for the stock is between $146.00 and $230.00, with a median target price of $200.00. In analyzing these forecasts, the average price target given by analysts for American Express Company (AXP) is $196.95.

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