American Express Co (NYSE: AXP) is -4.49% lower on its value in year-to-date trading and has touched a low of $214.51 and a high of $326.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AXP stock was last observed hovering at around $295.49 in the last trading session, with the day’s loss setting it -12.02%.
Currently trading at $283.47, the stock is -7.05% and -7.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.86 million and changing -4.07% at the moment leaves the stock 4.61% off its SMA200. AXP registered 29.19% gain for a year compared to 6-month gain of 9.09%.
The stock witnessed a -10.70% loss in the last 1 month and extending the period to 3 months gives it a -6.83%, and is -3.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.07% over the week and 2.38% over the month.
American Express Co (AXP) has around 75100 employees, a market worth around $199.15B and $74.19B in sales. Current P/E ratio is 20.23 and Fwd P/E is 16.15. Profit margin for the company is 13.47%. Distance from 52-week low is 32.14% and -13.12% from its 52-week high. The company has generated returns on investments over the last 12 months (14.82%).
with sales reaching $17.07B over the same period.The EPS is expected to grow by 9.23% this year, but quarterly earnings will post 8.97% year-over-year. Quarterly sales are estimated to grow 8.03% in year-over-year returns.
American Express Co (AXP) Top Institutional Holders
The shares outstanding are 702.00M, and float is at 701.46M with Short Float at 1.17%.
The top institutional shareholder in the company is BERKSHIRE HATHAWAY INC with over 151.61 million shares valued at $35.11 billion. The investor’s holdings represent 21.1747% of the AXP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 45.2 million shares valued at $$10.47 billion to account for 6.2687 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 41.9 million shares representing 5.811% and valued at over $9.7 billion, while STATE STREET CORP holds 4.09 of the shares totaling 29.28 million with a market value of $6.78 billion.
American Express Co (AXP) Insider Activity
A total of 0 insider transactions have happened at American Express Co (AXP) in the last six months, with sales accounting for 0 and purchases happening 0 times.
American Express Co disclosed in a document filed with the SEC on Feb 26 ’25 that Lieberman Quinn Jessica (EVP – Controller) sold a total of 3,028 shares of the company’s common stock. The trade occurred on Feb 26 ’25 and was made at $296.43 per share for $0.9 million. Following the transaction, the insider now directly holds 258.0 shares of the AXP stock.
Still, SEC filings show that on Feb 26 ’25, JESSICA LIEBERM QUINN (Officer) Proposed Sale 3,028 shares at an average price of $296.43 for $0.9 million. The insider now directly holds shares of American Express Co (AXP).
American Express Co (AXP): Who are the competitors?
The company’s main competitors (and peers) include JPMorgan Chase & Co. (JPM) that is trading 32.04% up over the past 12 months. Visa Inc. Cl A (V) that is 25.60% higher over the same period.
