American Express Co. (NYSE:AXP) saw a downside of -1.38% to close Tuesday at $151.12 after subtracting -$2.11 on the day. The 5-day average trading volume is 2,365,800 shares of the company’s common stock. It has gained $160.20 in the past week and touched a new high 1 time within the past 5 days. An average of 2,895,900 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,844,186.
AXP’s 1-month performance is -4.55% or -$7.20 on its low of $150.16 reached on 09/26/23. The company’s shares have touched a 52-week low of $130.65 and high of $182.15, with the stock’s rally to the 52-week high happening on 02/14/23. YTD, AXP has achieved 2.28% or $3.37 and has reached a new high 14 times. However, the current price is down -17.04% from the 52-week high price.
Insider Transactions
AXP stock investors last saw insider trading activity on May 19.Herena Monique (Chief Colleague Experience Off) most recently sold 22,841 shares at $152.84 per share on May 19. This transaction cost the insider $3,491,018. President, U.S. Consumer Serv, Grosfield Howard, sold 5,456 shares at a price of $174.52 on Mar 08. Then, on Mar 02, Chief Colleague Experience Off Herena Monique sold 15,217 shares at a price of $173.18 per share. This transaction amounted to $2,635,280.
Valuation Metrics
AXP stock has a beta of 1.18. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.79 while the price-to-book (PB) in the most recent quarter is 4.17, with the price to cash flow ratio at 7.53.
. In terms of profitability, the gross margin trailing 12 months is 61.97%. The firm’s gross profit as reported stood at $9.89 billion against revenue of $12.66 billion.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Shareholders hold equity totaling $736.46 million.
Let’s look briefly at American Express Co. (AXP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 25.50% to suggest the stock is trending oversold, with historical volatility in this time period at 20.08%.
The stock’s 5-day moving average is $153.87, reflecting a -5.16% or -$8.23 change from its current price. AXP is currently trading -5.07% above its 20-day SMA, -0.72% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -13.84% and SMA200 by-2.36%.
Stochastic %K and %D was 6.65% and 6.00% and the average true range (ATR) pointed at 2.51. The RSI (14) points at 30.60%, while the 14-day stochastic is at 6.77% with the period’s ATR at 2.56. The stock’s 9-day MACD Oscillator is pointing at -4.62 and -4.92 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for American Express Co. (NYSE: AXP), RBC Capital Mkts upgraded it to an Outperform rating. They previously had a Sector perform rating on the stock. Analysts offering their rating for AXP stock have a consensus rating for the stock as Overweight. Currently, 4 brokerage advisors rate AXP as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 13 have offered a “buy” rating.
What is AXP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $125.00 and a high of $220.00, with their median price target at $188.00. Looking at these predictions, the average price target given by analysts is for American Express Co. (AXP) stock is $183.24.
