Examining the Volatility of American Express Co.’s (AXP) Stock

The stock of American Express Co. (AXP) has gone down by -0.22% for the week, with a 2.67% rise in the past month and a 20.39% rise in the past quarter. The volatility ratio for the week is 1.03%, and the volatility levels for the past 30 days are 1.40% for AXP.. The simple moving average for the past 20 days is 1.02% for AXP’s stock, with a 27.53% simple moving average for the past 200 days.

Is It Worth Investing in American Express Co. (NYSE: AXP) Right Now?

American Express Co. (NYSE: AXP) has a price-to-earnings ratio of 20.11x that is above its average ratio. Additionally, the 36-month beta value for AXP is 1.23. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 6 rating it as “overweight,” 16 rating it as “hold,” and 2 rating it as “sell.”

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The public float for AXP is 722.90M and currently, short sellers hold a 1.05% ratio of that float. The average trading volume of AXP on April 03, 2024 was 3.14M shares.

AXP) stock’s latest price update

American Express Co. (NYSE: AXP)’s stock price has dropped by -0.91 in relation to previous closing price of 227.61. Nevertheless, the company has seen a loss of -0.22% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-02 that American Express focuses on Millennials and Gen Z, leading to record revenues and cardholders. The company offers premium credit card experiences with exceptional rewards for luxury travel. Despite rising delinquencies in the industry, American Express is well-positioned to weather economic challenges.

Analysts’ Opinion of AXP

Many brokerage firms have already submitted their reports for AXP stocks, with Morgan Stanley repeating the rating for AXP by listing it as a “Equal-Weight.” The predicted price for AXP in the upcoming period, according to Morgan Stanley is $222 based on the research report published on February 08, 2024 of the current year 2024.

Deutsche Bank, on the other hand, stated in their research note that they expect to see AXP reach a price target of $235. The rating they have provided for AXP stocks is “Buy” according to the report published on January 10th, 2024.

BMO Capital Markets gave a rating of “Underperform” to AXP, setting the target price at $157 in the report published on January 10th of the current year.

AXP Trading at 5.83% from the 50-Day Moving Average

After a stumble in the market that brought AXP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.66% of loss for the given period.

Volatility was left at 1.40%, however, over the last 30 days, the volatility rate increased by 1.03%, as shares surge +3.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.13% upper at present.

During the last 5 trading sessions, AXP fell by -0.22%, which changed the moving average for the period of 200-days by +29.27% in comparison to the 20-day moving average, which settled at $223.59. In addition, American Express Co. saw 20.39% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AXP starting from Marquez Rafael, who sale 7,900 shares at the price of $219.08 back on Feb 29 ’24. After this action, Marquez Rafael now owns 13,524 shares of American Express Co., valued at $1,730,732 using the latest closing price.

Joabar Raymond, the Grp. Pres., GMNS of American Express Co., sale 8,625 shares at $213.04 during a trade that took place back on Feb 20 ’24, which means that Joabar Raymond is holding 12,687 shares at $1,837,470 based on the most recent closing price.

Stock Fundamentals for AXP

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.57 for the gross margin

The net margin for American Express Co. stands at 0.14. The total capital return value is set at 0.05. Equity return is now at value 31.50, with 3.38 for asset returns.

Based on American Express Co. (AXP), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 1.75. The interest coverage ratio of the stock is 1.69.

Currently, EBITDA for the company is 12.16 billion with net debt to EBITDA at 0.21. When we switch over and look at the enterprise to sales, we see a ratio of 2.74. The receivables turnover for the company is 0.95for trailing twelve months and the total asset turnover is 0.23.

Conclusion

In conclusion, American Express Co. (AXP) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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