American Express Company (AXP) volume hits 3.01 million: A New Opening for Investors
American Express Company (NYSE: AXP) started the day on June 10, 2021, with a price decrease of -1.13% at $162.23. During the day, the stock rose to $165.21 and sunk to $162.12 before settling in for the price of $164.09 at the close. Taking a more long-term approach, AXP posted a 52-week range of $89.11-$167.14.
The Financial Sector giants’ yearly sales growth during the last 5-year period was 2.20%. Meanwhile, its Annual Earning per share during the time was -5.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -52.90%. This publicly-traded company’s shares outstanding now amounts to $804.00 million, simultaneously with a float of $802.18 million. The organization now has a market capitalization sitting at $129.94 billion. At the time of writing, stock’s 50-day Moving Average stood at $154.03, while the 200-day Moving Average is $126.75.
Let’s gauge the efficiency of the firm, which has a total of 59000 employees. It has generated 599,451 per worker during the last fiscal year. Meanwhile, its income per employee was 48,901. The stock had 0.76 Receivables turnover and 0.20 Total Asset turnover. For the Profitability, stocks gross margin was +69.21, operating margin was +14.62 and Pretax Margin of +11.25.
American Express Company (AXP) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Credit Services Industry. American Express Company’s current insider ownership accounts for 0.10%, in contrast to 86.70% institutional ownership. According to the most recent insider trade that took place on May 07, this organization’s Pres., GSG and TLS sold 2,460 shares at the rate of 157.53, making the entire transaction reach 387,524 in total value, affecting insider ownership by 15,645. Preceding that transaction, on Apr 30, Company’s Pres., GSG and TLS sold 5,260 for 153.11, making the whole transaction’s value amount to 805,359. This particular insider is now the holder of 18,105 in total.
American Express Company (AXP) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2021, the organization reported $2.74 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $1.61) by $1.13. This company achieved a net margin of +8.16 while generating a return on equity of 13.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.62 per share during the current fiscal year.
American Express Company’s EPS decrease for this current 12-month fiscal period is -52.90% and is forecasted to reach 9.11 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 22.11% through the next 5 years, which can be compared against the -5.70% growth it accomplished over the previous five years trading on the market.
American Express Company (NYSE: AXP) Trading Performance Indicators
Let’s observe the current performance indicators for American Express Company (AXP). The Stock has managed to achieve an average true range (ATR) of 2.76. Alongside those numbers, its PE Ratio stands at $26.62, and its Beta score is 1.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.65. Similarly, its price to free cash flow for trailing twelve months is now 17.99.
In the same vein, AXP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.09, a figure that is expected to reach 1.52 in the next quarter, and analysts are predicting that it will be 9.11 at the market close of one year from today.
Technical Analysis of American Express Company (AXP)
If we take a close look at the recent performances of American Express Company (NYSE: AXP), its last 5-days Average volume was 2.79 million that shows plunge from its year to date volume of 3.37 million. During the previous 9 days, stock’s Stochastic %D was recorded 65.82% While, its Average True Range was 2.72.
Raw Stochastic average of American Express Company (AXP) in the period of the previous 100 days is set at 91.08%, which indicates a major rise in contrast to 54.51% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 13.74% that was lower than 23.67% volatility it exhibited in the past 100-days period.