A new trading day began on Tuesday, with American Express Co (NYSE: AXP) stock price up 1.82% from the previous day of trading, before settling in for the closing price of $296.72. AXP’s price has ranged from $167.77 to $307.82 over the past 52 weeks.
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Annual sales at Financial sector company grew by 10.54% over the past five years. Meanwhile, its annual earnings per share averaged 23.98%. With a float of $703.51 million, this company’s outstanding shares have now reached $704.00 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of American Express Co is 0.13%, while institutional ownership is 84.68%. The most recent insider transaction that took place on Nov 27 ’24, was worth 1,820,880. In this transaction Chief Financial Officer of this company sold 6,000 shares at a rate of $303.48, taking the stock ownership to the 6,433 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Officer proposed sale 6,600 for $303.48, making the entire transaction worth $2,002,976.
American Express Co (AXP) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.98% 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
Here are American Express Co’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.93. Likewise, its price to free cash flow for the trailing twelve months is 16.13.
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 15.15 in one year’s time.
Technical Analysis of American Express Co (AXP)
American Express Co (NYSE: AXP) saw its 5-day average volume 2.3 million, a negative change from its year-to-date volume of 2.87 million. As of the previous 9 days, the stock’s Stochastic %D was 35.80%. Additionally, its Average True Range was 5.58.
During the past 100 days, American Express Co’s (AXP) raw stochastic average was set at 93.34%, which indicates a significant increase from 74.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.12% in the past 14 days, which was lower than the 27.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $283.93, while its 200-day Moving Average is $249.18. Nevertheless, the first resistance level for the watch stands at $305.89 in the near term. At $309.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $314.36. If the price goes on to break the first support level at $297.42, it is likely to go to the next support level at $292.73. The third support level lies at $288.95 if the price breaches the second support level.
American Express Co (NYSE: AXP) Key Stats
With a market capitalization of 212.82 billion, the company has a total of 704,445K Shares Outstanding. Currently, annual sales are 67,364 M while annual income is 8,374 M. The company’s previous quarter sales were 18,779 M while its latest quarter income was 2,507 M.
