On Monday, American Express Co. (NYSE: AXP) was -2.19% drop from the session before settling in for the closing price of $276.79. A 52-week range for AXP has been $140.91 – $286.36.
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A company in the Financial sector has jumped its sales by 10.54% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 22.84%. With a float of $710.01 million, this company’s outstanding shares have now reached $723.00 million.
In an organization with 74600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 69.83%, operating margin of 23.13%, and the pretax margin is 18.43%.
American Express Co. (AXP) Insider and Institutional Ownership
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 86.16%. The most recent insider transaction that took place on May 22 ’24, was worth 666,213. In this transaction Pres., GSG and TLS of this company sold 2,768 shares at a rate of $240.68, taking the stock ownership to the 12,560 shares. Before that another transaction happened on May 20 ’24, when Company’s Grp. Pres., GMNS sold 2,230 for $242.88, making the entire transaction worth $541,622. This insider now owns 12,707 shares in total.
American Express Co. (AXP) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 2.62 earnings per share (EPS) during the time that was less than consensus figure (set at 2.64) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.54% 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 2.65. Likewise, its price to free cash flow for the trailing twelve months is 14.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.60, a number that is poised to hit 3.00 in the next quarter and is forecasted to reach 15.06 in one year’s time.
Technical Analysis of American Express Co. (AXP)
Let’s dig in a bit further. During the last 5-days, its volume was 4.01 million. That was better than the volume of 2.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.24%. Additionally, its Average True Range was 6.00.
During the past 100 days, American Express Co.’s (AXP) raw stochastic average was set at 76.20%, which indicates a significant increase from 22.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.91% in the past 14 days, which was higher than the 25.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $261.50, while its 200-day Moving Average is $233.64. However, in the short run, American Express Co.’s stock first resistance to watch stands at $274.89. Second resistance stands at $279.05. The third major resistance level sits at $281.73. If the price goes on to break the first support level at $268.06, it is likely to go to the next support level at $265.38. The third support level lies at $261.22 if the price breaches the second support level.
American Express Co. (NYSE: AXP) Key Stats
There are 719,303K outstanding shares of the company, which has a market capitalization of 192.47 billion. As of now, sales total 67,364 M while income totals 8,374 M. Its latest quarter income was 18,397 M while its last quarter net income were 3,015 M.
