American Express Co (AXP) concluded trading on Thursday at a closing price of $293.08, with 3.52 million shares of worth about $1.03 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.22% during that period and on December 19, 2024 the price saw a gain of about 1.84%. Currently the company’s common shares owned by public are about 704.00M shares, out of which, 703.51M shares are available for trading.
Stock saw a price change of -2.40% in past 5 days and over the past one month there was a price change of 2.64%. Year-to-date (YTD), AXP shares are showing a performance of 56.44% which increased to 57.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $177.81 but also hit the highest price of $307.82 during that period. The average intraday trading volume for American Express Co shares is 2.58 million. The stock is currently trading -2.55% below its 20-day simple moving average (SMA20), while that difference is up 1.84% for SMA50 and it goes to 16.31% higher than SMA200.
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American Express Co (NYSE: AXP) currently have 704.00M outstanding shares and institutions hold larger chunk of about 84.65% of that.
The stock has a current market capitalization of $206.46B and its 3Y-monthly beta is at 1.24. PE ratio of stock for trailing 12 months is 21.56, while it has posted earnings per share of $13.60 in the same period. Its PEG reads 1.44 while making debt-to-equity ratio of 1.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AXP, volatility over the week remained 2.24% while standing at 1.86% over the month.
Stock’s fiscal year EPS is expected to rise by 24.27% while it is estimated to increase by 8.78% in next year. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of 7.25% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Monness Crespi & Hardt on Dec-20-24 offering a Buy rating for the stock and assigned a target price range of between $300 and $330 to it. Coverage by Monness Crespi & Hardt stated American Express Co (AXP) stock as a Buy in their note to investors on October 14, 2024, suggesting a price target of $300 for the stock. On October 08, 2024, HSBC Securities Downgrade their recommendations, while on October 08, 2024, BTIG Research Downgrade their ratings for the stock with a price target of $230. Stock get a Neutral rating from JP Morgan on October 07, 2024.
