On Monday, American Express Co. (NYSE: AXP) was 0.09% up from the session before settling in for the closing price of $218.20. A 52-week range for AXP has been $140.91 – $231.69.
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Annual sales at Financial sector company grew by 10.54% over the past five years. When this article was written, the company’s average yearly earnings per share was at 14.58%. With a float of $722.90 million, this company’s outstanding shares have now reached $723.00 million.
Let’s look at the performance matrix of the company that is accounted for 74600 employees.
American Express Co. (AXP) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward American Express Co. stocks. The insider ownership of American Express Co. is 0.13%, while institutional ownership is 86.87%. The most recent insider transaction that took place on Feb 29 ’24, was worth 1,730,732. In this transaction President, International Card of this company sold 7,900 shares at a rate of $219.08, taking the stock ownership to the 13,524 shares. Before that another transaction happened on Feb 20 ’24, when Company’s Grp. Pres., GMNS sold 8,625 for $213.04, making the entire transaction worth $1,837,470. This insider now owns 12,687 shares in total.
American Express Co. (AXP) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 80.91 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.67% during the next five years compared to 7.25% growth over the previous five years of trading.
American Express Co. (NYSE: AXP) Trading Performance Indicators
You can see what American Express Co. (AXP) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35. Likewise, its price to free cash flow for the trailing twelve months is 9.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.22, a number that is poised to hit 2.95 in the next quarter and is forecasted to reach 14.76 in one year’s time.
Technical Analysis of American Express Co. (AXP)
American Express Co. (NYSE: AXP) saw its 5-day average volume 3.13 million, a positive change from its year-to-date volume of 3.06 million. As of the previous 9 days, the stock’s Stochastic %D was 24.74%. Additionally, its Average True Range was 3.90.
During the past 100 days, American Express Co.’s (AXP) raw stochastic average was set at 81.00%, which indicates a significant increase from 25.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.82% in the past 14 days, which was lower than the 20.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $218.57, while its 200-day Moving Average is $179.40. Nevertheless, the first resistance level for the watch stands at $221.81 in the near term. At $225.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $227.72. If the price goes on to break the first support level at $215.90, it is likely to go to the next support level at $213.41. Assuming the price breaks the second support level, the third support level stands at $209.99.
American Express Co. (NYSE: AXP) Key Stats
There are 723,870K outstanding shares of the company, which has a market capitalization of 158.09 billion. As of now, sales total 67,364 M while income totals 8,374 M. Its latest quarter income was 17,747 M while its last quarter net income were 1,933 M.
