American Express Co (NYSE: AXP) is -7.22% lower on its value in year-to-date trading and has touched a low of $220.43 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 $278.03 in the last trading session, with the day’s loss setting it -2.66%.
Currently trading at $275.37, the stock is 6.04% and 3.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.72 million and changing -0.96% at the moment leaves the stock -0.57% off its SMA200. AXP registered 18.44% gain for a year compared to 6-month loss of 1.96%.
The stock witnessed a 17.84% gain in the last 1 month and extending the period to 3 months gives it a -12.81%, and is 3.13% up 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 2.50% over the week and 4.38% over the month.
American Express Co (AXP) has around 75100 employees, a market worth around $192.92B and $75.33B in sales. Current P/E ratio is 19.24 and Fwd P/E is 15.83. Profit margin for the company is 13.46%. Distance from 52-week low is 24.92% and -15.60% from its 52-week high. The company has generated returns on investments over the last 12 months (12.30%).
The EPS is expected to grow by 8.39% this year.
American Express Co (AXP) Top Institutional Holders
The shares outstanding are 701.00M, and float is at 699.52M with Short Float at 1.19%.
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 6.3125 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 41.9 million shares representing 5.8516% 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
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Still, SEC filings show that on Apr 29 ’25, McNeal Glenda G (Chief Partner Officer) disposed off 3,019 shares at an average price of $264.66 for $0.8 million. The insider now directly holds 10,919 shares of American Express Co (AXP).
