On Friday, American Express Co (NYSE: AXP) opened higher 0.14% from the last session, before settling in for the closing price of $304.25. Price fluctuations for AXP have ranged from $163.61 to $307.82 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Financial sector company grew by 10.54% over the past five years. Company’s average yearly earnings per share was noted 24.21% at the time writing. With a float of $703.51 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. In terms of profitability, gross margin is 59.29%, operating margin of 24.77%, and the pretax margin is 18.43%.
American Express Co (AXP) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of American Express Co is 0.13%, while institutional ownership is 84.66%. The most recent insider transaction that took place on Nov 27 ’24, was worth 2,002,976. Before that another transaction happened on Nov 07 ’24, when Company’s Chairman and CEO sold 170,632 for $286.57, making the entire transaction worth $48,897,715. This insider now owns 92,810 shares in total.
American Express Co (AXP) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 24.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% 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
Check out the current performance indicators for American Express Co (AXP). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96. Likewise, its price to free cash flow for the trailing twelve months is 16.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.60, a number that is poised to hit 3.01 in the next quarter and is forecasted to reach 15.16 in one year’s time.
Technical Analysis of American Express Co (AXP)
American Express Co (NYSE: AXP) saw its 5-day average volume 2.48 million, a negative change from its year-to-date volume of 2.89 million. As of the previous 9 days, the stock’s Stochastic %D was 87.07%. Additionally, its Average True Range was 5.52.
During the past 100 days, American Express Co’s (AXP) raw stochastic average was set at 96.34%, which indicates a significant increase from 88.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.60% in the past 14 days, which was lower than the 27.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $279.31, while its 200-day Moving Average is $246.10. Nevertheless, the first resistance level for the watch stands at $306.76 in the near term. At $308.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $309.88. If the price goes on to break the first support level at $303.64, it is likely to go to the next support level at $302.59. The third support level lies at $300.52 if the price breaches the second support level.
American Express Co (NYSE: AXP) Key Stats
There are currently 704,445K shares outstanding in the company with a market cap of 214.93 billion. Presently, the company’s annual sales total 67,364 M according to its annual income of 8,374 M. Last quarter, the company’s sales amounted to 18,779 M and its income totaled 2,507 M.
