American Express Company [AXP] Stock trading around $168.72 per share: What’s Next?

American Express Company [NYSE: AXP] stock went on a downward path that fall over -3.54% on Wednesday, amounting to a one-week price decrease of less than -2.70%. The company report on October 12, 2021 that American Express Opens First Centurion® Lounge in Europe at London Heathrow Airport.

New airport lounge features amenities by award-winning local partners, including Soapsmith’s Samantha Jameson, Michelin-Star Chef Assaf Granit and more.

, American Express announced the opening of the Centurion Lounge, which is part of its signature airport lounge program, at London Heathrow Airport (LHR). Located in Terminal 3, the lounge will be the first Centurion Lounge in Europe and American Express’ third Centurion Lounge to open this year.

Over the last 12 months, AXP stock rose by 60.67%. The one-year American Express Company stock forecast points to a potential upside of 8.06. The average equity rating for AXP stock is currently 2.50, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $133.38 billion, with 801.00 million shares outstanding and 793.34 million shares in the current float. Compared to the average trading volume of 3.70M shares, AXP stock reached a trading volume of 5540023 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on American Express Company [AXP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AXP shares is $183.52 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AXP stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for American Express Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 16, 2021. The new note on the price target was released on August 30, 2021, representing the official price target for American Express Company stock. Previously, the target price had yet another raise to $180, while Daiwa Securities analysts kept a Neutral rating on AXP stock. On July 09, 2021, analysts increased their price target for AXP shares from 138 to 183.

The Average True Range (ATR) for American Express Company is set at 4.33, with the Price to Sales ratio for AXP stock in the period of the last 12 months amounting to 3.51. The Price to Book ratio for the last quarter was 5.29, with the Price to Cash per share for the same quarter was set at 34.83. Price to Free Cash Flow for AXP in the course of the last twelve months was 15.96.

AXP Stock Performance Analysis:

American Express Company [AXP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.70. With this latest performance, AXP shares gained by 5.79% in over the last four-week period, additionally plugging by 13.59% over the last 6 months – not to mention a rise of 60.67% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AXP stock in for the last two-week period is set at 48.11, with the RSI for the last a single of trading hit 43.62, and the three-weeks RSI is set at 49.85 for American Express Company [AXP]. The present Moving Average for the last 50 days of trading for this stock 166.80, while it was recorded at 173.31 for the last single week of trading, and 152.74 for the last 200 days.

Insight into American Express Company Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and American Express Company [AXP] shares currently have an operating margin of +14.62 and a Gross Margin at +69.21. American Express Company’s Net Margin is presently recorded at +8.16.

Return on Total Capital for AXP is now 7.20, given the latest momentum, and Return on Invested Capital for the company is 5.22. Return on Equity for this stock inclined to 13.53, with Return on Assets sitting at 1.60. When it comes to the capital structure of this company, American Express Company [AXP] has a Total Debt to Total Equity ratio set at 195.05. Additionally, AXP Total Debt to Total Capital is recorded at 66.11, with Total Debt to Total Assets ending up at 23.43. Long-Term Debt to Equity for the company is recorded at 135.41, with the Long-Term Debt to Total Capital now at 45.89.

Reflecting on the efficiency of the workforce at the company, American Express Company [AXP] managed to generate an average of $48,901 per employee. Receivables Turnover for the company is 0.76 with a Total Asset Turnover recorded at a value of 0.20.

AXP Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AXP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Express Company go to 40.95%.

American Express Company [AXP] Insider Position Details

There are presently around $115,635 million, or 87.30% of AXP stock, in the hands of institutional investors. The top three institutional holders of AXP stocks are: BERKSHIRE HATHAWAY INC with ownership of 151,610,700, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 48,691,683 shares of the stock with an approximate value of $8.22 billion in AXP stocks shares; and VANGUARD GROUP INC, currently with $8.09 billion in AXP stock with ownership of nearly 0.661% of the company’s market capitalization.

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Positions in American Express Company stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 743 institutional holders increased their position in American Express Company [NYSE:AXP] by around 24,704,864 shares. Additionally, 780 investors decreased positions by around 22,469,157 shares, while 381 investors held positions by with 638,190,268 shares. The mentioned changes placed institutional holdings at 685,364,289 shares, according to the latest SEC report filing. AXP stock had 138 new institutional investments in for a total of 3,549,501 shares, while 74 institutional investors sold positions of 2,312,765 shares during the same period.

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