American Express Co (NYSE: AXP)’s stock price has plunge by 1.12relation to previous closing price of 297.02. Nevertheless, the company has seen a -0.50% plunge in its stock price over the last five trading sessions. youtube.com reported 2025-01-14 that David George, Baird senior analyst, joins ‘Closing Bell Overtime’ to talk his ratings on U.S. bank stocks.
Is It Worth Investing in American Express Co (NYSE: AXP) Right Now?
The price-to-earnings ratio for American Express Co (NYSE: AXP) is 22.09x, which is above its average ratio. Moreover, the 36-month beta value for AXP is 1.24. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 4 as “overweight,” 15 as “hold,” and 3 as “sell.”
The public float for AXP is 703.51M and currently, short sellers hold a 1.22% of that float. On January 15, 2025, AXP’s average trading volume was 2.54M shares.
AXP’s Market Performance
AXP stock saw a decrease of -0.50% in the past week, with a monthly decline of -0.65% and a quarterly a decrease of 8.76%. The volatility ratio for the week is 2.13%, and the volatility levels for the last 30 days are 2.01% for American Express Co (AXP). The simple moving average for the past 20 days is 0.34% for AXP’s stock, with a 16.55% simple moving average for the past 200 days.
Analysts’ Opinion of AXP
Many brokerage firms have already submitted their reports for AXP stocks, with Monness Crespi & Hardt repeating the rating for AXP by listing it as a “Buy.” The predicted price for AXP in the upcoming period, according to Monness Crespi & Hardt is $330 based on the research report published on December 19, 2024 of the previous year 2024.
Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see AXP reach a price target of $300, previously predicting the price at $265. The rating they have provided for AXP stocks is “Buy” according to the report published on October 14th, 2024.
HSBC Securities gave a rating of “Hold” to AXP, setting the target price at $270 in the report published on October 08th of the previous year.
AXP Trading at 1.64% 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 -2.42% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares surge +0.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.59% upper at present.
During the last 5 trading sessions, AXP fell by -0.50%, which changed the moving average for the period of 200-days by +31.88% in comparison to the 20-day moving average, which settled at $299.35. In addition, American Express Co saw 1.20% 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 Le Caillec Christophe, who sale 6,000 shares at the price of $303.48 back on Nov 27 ’24. After this action, Le Caillec Christophe now owns 6,433 shares of American Express Co, valued at $1,820,880 using the latest closing price.
CHRISTOPHE LE CAILLEC, the Officer of American Express Co, proposed sale 6,600 shares at $303.48 during a trade that took place back on Nov 27 ’24, which means that CHRISTOPHE LE CAILLEC is holding shares at $2,002,976 based on the most recent closing price.
Stock Fundamentals for AXP
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.59 for the gross margin
The net margin for American Express Co stands at 0.14. The total capital return value is set at 0.14. Equity return is now at value 34.43, with 3.77 for asset returns.
Based on American Express Co (AXP), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 1.85. The interest coverage ratio of the stock is 2.08.
Currently, EBITDA for the company is 14.33 billion with net debt to EBITDA at 0.44. When we switch over and look at the enterprise to sales, we see a ratio of 3.19. The receivables turnover for the company is 1.17for trailing twelve months and the total asset turnover is 0.25.
Conclusion
To wrap up, the performance of American Express Co (AXP) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
