American Express Co [NYSE: AXP] traded at a high on Wednesday, posting a 13.38 gain after which it closed the day’ session at $262.36.
The results of the trading session contributed to over 8590186 shares changing hands. Over the past one week, the price volatility of American Express Co stands at 9.11% while the volatility over the past one month is 4.22%.
The market cap for AXP stock reached $183.94 billion, with 702.00 million shares outstanding and 700.04 million shares in the current float. Compared to the average trading volume of 3.16M shares, AXP reached a trading volume of 8590186 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $301.58 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 2.53. 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.
Robert W. Baird have made an estimate for American Express Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 14, 2025. While these analysts kept the previous recommendation, Monness Crespi & Hardt raised their target price from $330 to $355. The new note on the price target was released on January 27, 2025, representing the official price target for American Express Co stock. Previously, the target price had yet another raise from $300 to $330, while Monness Crespi & Hardt kept a Buy rating on AXP stock. On October 14, 2024, analysts increased their price target for AXP shares from 265 to 300.
The Average True Range (ATR) for American Express Co is set at 13.48, with the Price to Sales ratio for AXP stock in the period of the last 12 months amounting to 2.48. The Price to Book ratio for the last quarter was 6.09, with the Price to Cash per share for the same quarter was set at 57.97. Price to Free Cash Flow for AXP in the course of the last twelve months was 15.16.
How has AXP stock performed recently?
American Express Co [AXP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.68. With this latest performance, AXP shares gained by 2.73% in over the last four-week period, additionally sinking by -4.17% over the last 6 months – not to mention a rise of 17.07% 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 47.94, with the RSI for the last a single of trading hit 51.91, and the three-weeks RSI is set at 45.90 for American Express Co [AXP]. The present Moving Average for the last 50 days of trading for this stock 284.68, while it was recorded at 241.91 for the last single week of trading, and 274.83 for the last 200 days.
Earnings analysis for American Express Co [AXP]
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 13.14%.
Insider trade positions for American Express Co [AXP]
There are presently around $65.54%, or 83.76%% 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 21.1747%. 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 5.8516%.
