American Express Co. [NYSE: AXP] stock went on a downward path that fall over -0.46% on Thursday, amounting to a one-week price decrease of less than -5.53%.
Over the last 12 months, AXP stock rose by 86.94%. The one-year American Express Co. stock forecast points to a potential upside of 2.2. The average equity rating for AXP stock is currently 2.55, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $190.19 billion, with 723.00 million shares outstanding and 703.55 million shares in the current float. Compared to the average trading volume of 2.74M shares, AXP stock reached a trading volume of 3452709 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on American Express Co. [AXP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AXP shares is $276.05 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 2.55. 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.
Monness Crespi & Hardt have made an estimate for American Express Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 14, 2024. While these analysts kept the previous recommendation, HSBC Securities raised their target price from $265 to $270. The new note on the price target was released on October 08, 2024, representing the official price target for American Express Co. stock. Previously, the target price had yet another raise to $230, while BTIG Research analysts kept a Sell rating on AXP stock. On October 07, 2024, analysts increased their price target for AXP shares from 268 to 286.
The Average True Range (ATR) for American Express Co. is set at 5.54, with the Price to Sales ratio for AXP stock in the period of the last 12 months amounting to 2.62. The Price to Book ratio for the last quarter was 6.40, with the Price to Cash per share for the same quarter was set at 68.02. Price to Free Cash Flow for AXP in the course of the last twelve months was 14.41.
AXP Stock Performance Analysis:
American Express Co. [AXP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.53. With this latest performance, AXP shares gained by 1.43% in over the last four-week period, additionally plugging by 13.87% over the last 6 months – not to mention a rise of 86.94% 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 49.63, with the RSI for the last a single of trading hit 44.39, and the three-weeks RSI is set at 52.53 for American Express Co. [AXP]. The present Moving Average for the last 50 days of trading for this stock 263.38, while it was recorded at 272.23 for the last single week of trading, and 234.88 for the last 200 days.
AXP Stock EPS
With the latest financial reports released by the company, American Express Co. posted 2.62/share EPS, while the average EPS was predicted by analysts to be reported at 2.64/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. 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 Co. go to 15.54%.
American Express Co. [AXP] Institutonal Ownership Details
There are presently around $65.84%, or 84.02%% of AXP stock, in the hands of institutional investors. The top three institutional holders of AXP stocks are: BERKSHIRE HATHAWAY INC with ownership of 151.61 million shares, which is approximately 21.0278%. VANGUARD GROUP INC, holding 45.2 million shares of the stock with an approximate value of $$10.47 billion in AXP stocks shares; and VANGUARD GROUP INC, currently with $$9.7 billion in AXP stock with ownership which is approximately 5.811%.
