American Express Co. (AXP) posted a 0.27% change over the last five days signaling a new trend

On Monday, American Express Co. (NYSE: AXP) was 1.54% up from the session before settling in for the closing price of $267.35. A 52-week range for AXP has been $141.02 – $286.36.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 10.54%. When this article was written, the company’s average yearly earnings per share was at 23.13%. With a float of $703.55 million, this company’s outstanding shares have now reached $723.00 million.

Considering the fact that the conglomerate employs 74600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 59.29%, operating margin of 23.13%, and the pretax margin is 18.43%.

American Express Co. (AXP) Breakdown of a Key Holders of the stock

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 86.95%. The most recent insider transaction that took place on Oct 22 ’24, was worth 21,049,741. In this transaction Group Pres., Enterprise Serv. of this company sold 77,887 shares at a rate of $270.26, taking the stock ownership to the 111,656 shares. Before that another transaction happened on Oct 22 ’24, when Company’s Officer proposed sale 77,887 for $270.26, making the entire transaction worth $21,049,935.

American Express Co. (AXP) Recent Fiscal highlights

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 3.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 23.13% 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 2.63. Likewise, its price to free cash flow for the trailing twelve months is 14.49.

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 15.08 in one year’s time.

Technical Analysis of American Express Co. (AXP)

Compared to the last year’s volume of 2.93 million, its volume of 2.69 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.83%. Additionally, its Average True Range was 5.56.

During the past 100 days, American Express Co.’s (AXP) raw stochastic average was set at 77.31%, which indicates a significant increase from 25.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.82% in the past 14 days, which was lower than the 25.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $264.13, while its 200-day Moving Average is $235.72. Nevertheless, the first resistance level for the watch stands at $273.07 in the near term. At $274.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $277.36. If the price goes on to break the first support level at $268.77, it is likely to go to the next support level at $266.08. Now, if the price goes above the second support level, the third support stands at $264.48.

American Express Co. (NYSE: AXP) Key Stats

There are 719,303K outstanding shares of the company, which has a market capitalization of 191.24 billion. As of now, sales total 67,364 M while income totals 8,374 M. Its latest quarter income was 18,779 M while its last quarter net income were 2,507 M.