American Express Co (AXP) concluded trading on Thursday at a closing price of $325.87, with 3.89 million shares of worth about $1.27 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.98% during that period and on January 23, 2025 the price saw a gain of about 1.12%. 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 4.34% in past 5 days and over the past one month there was a price change of 11.19%. Year-to-date (YTD), AXP shares are showing a performance of 9.80% which increased to 76.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $184.81 but also hit the highest price of $322.82 during that period. The average intraday trading volume for American Express Co shares is 2.44 million. The stock is currently trading 6.79% above its 20-day simple moving average (SMA20), while that difference is up 8.57% for SMA50 and it goes to 25.11% higher than SMA200.
American Express Co (NYSE: AXP) currently have 704.00M outstanding shares and institutions hold larger chunk of about 84.39% of that.
The stock has a current market capitalization of $229.56B and its 3Y-monthly beta is at 1.24. PE ratio of stock for trailing 12 months is 23.97, while it has posted earnings per share of $13.60 in the same period. Its PEG reads 1.55 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 1.44% while standing at 1.91% over the month.
Analysts are in expectations that American Express Co (AXP) stock would likely to be making an EPS of 3.03 in the current quarter, while forecast for next quarter EPS is 3.64 and it is 15.28 for next year. For the current quarter EPS, analysts have given the company a lowest target 2.95 which is 3.16 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 2.62 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 25.13% while it is estimated to increase by 8.63% in next year. EPS is likely to grow at an annualized rate of 15.43% 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 December 19, 2024 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.
