AXP stock: buy or sell?

AXP stock price: $116.76 -1.96% At close on October 18th, 2019

Updated on:
October 18th, 2019

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American Express closed on Oct/18 at $116.76 and dropped a tragic -1.96%.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide.

Should I buy AXP stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, American Express stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean AXP will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is American Express stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 15 ratings published for AXP stock in the last 30 days.

The general sentiment of these ratings is bullish for AXP stock, with 7 positive ratings.
Is AXP a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-8Deutsche Bankn/aBuy
2019-7-22Royal Bank of CanadaNeutralSector Perform
2019-7-22JPMorgan Chase & Co.n/aNeutral
2019-7-22BMO Capital Marketsn/aMarket Perform
2019-7-10Wells Fargo & Con/aOutperform
2019-6-19Bank of American/aBuy
2019-6-18William Blairn/aOutperform
2019-6-18Wells Fargo & Con/aOutperform
2019-6-18Jefferies Financial Groupn/aHold
2019-5-3Royal Bank of CanadaSector PerformSector Perform
2019-5-3Morgan StanleyEqual WeightOverweight
2019-4-29UBS GroupBuyNeutral
2019-4-25Morgan StanleyEqual WeightOverweight
2019-4-22Morgan StanleyEqual WeightEqual Weight
2019-3-21DZ BankBuyHold

AXP stock analysis

Daily outlook

American Express ended on Oct/18 at $116.76 and dropped a tragic -1.96%.

American Express shares dropped -1.96% to $116.76 on October 18th. Since October 10th when AXP stock price broke up the SMA200d line, it gained $2.84 (2.49%). On July, AXP hit new all time highs, pushing higher previous ATH of $128.19 recorded on July. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

AXP stock chart (daily)

Weekly outlook

Amex shares stayed stable 0.31% this week, ending at $116.76.

Last week AXP price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Not so far away is the last all-time high Amex marked by mid July.

AXP stock chart (weekly)

AXP stock price history

AXP stock historical price chart

AXP stock reached all-time highs on July with a price of $128.85.

AXP stock price target is $129.60

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' AXP stock price predictions in the hope that they will be met as they may be wrong and not met. We found 9 price forecasts for AXP stock posted in the last month:
AXP stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-8Deutsche BankInitiatesn/a$142.00-
2019-7-22Royal Bank of CanadaRaises Targetn/a$125.00-
2019-7-22JPMorgan Chase & Co.Lowers Target$135.00$132.00-2.2%
2019-7-22BMO Capital MarketsRaises Targetn/a$119.00-
2019-7-10Wells Fargo & CoReiterates$135.00$140.003.7%
2019-6-18Wells Fargo & CoReiterates$125.00$135.008%
2019-6-18Jefferies Financial GroupRaises Target$105.00$130.0023.8%
2019-5-3Royal Bank of CanadaReiteratesn/a$120.00-
2019-4-22Morgan StanleyRaises Target$113.00$123.008.8%
(in average)$122.60$129.606.0%
Moving in a range from $142.00 and $119.00, the price prediction for AXP stock is $129.60. In average, analysts' outlook on AXP price target is positive, increasing the prediction by a 6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when American Express presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
AXP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.47n/a
2017-Q32017-10-181.481.51.4%
2017-Q42018-01-181.541.582.6%
2018-Q12018-04-181.711.868.8%
2018-Q22018-07-181.831.840.5%
2018-Q32018-10-181.781.885.6%
2018-Q42019-01-171.81.74-3.3%
2019-Q12019-04-162n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a great growth of 7.71% to $28,865.00 million USD. Aligned with this, its earnings margin (compared to revenues) boosted to 23.98%, that is $6,921.00 million.

To have an updated view of the financial situation of American Express, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual American Express TTM sales up to March 2019 were $29,266.00 and income was $6,837.00 million USD. If we compare this TTM figures with the last reported annuality, we can esteem American Express business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, raised a tiny 1.39%. In the same way, profit margin (net income/revenues) remained constant at 23.98%.

AXP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$35,280 M-$5,310 M15.1%-
2014$34,292 M-2.80%$5,885 M17.2%10.83%
2015$24,804 M-27.67%$5,163 M20.8%-12.27%
2016$25,411 M2.45%$5,408 M21.3%4.75%
2017$26,799 M5.46%$2,748 M10.3%-49.19%
2018$28,865 M7.71%$6,921 M24.0%151.86%
TTM $29,266 M1.39%$6,837 M23.4%-1.21%

Quarterly financial results

American Express reported $7,363.00 M in revenues for 2019-Q1, a -1.34% decline compared to previous quarter. Reported quarter income marked $1,550.00 M with a profit margin of 21.05%. Profit margin slipped a -5.88% compared to previous quarter when profit margin was 26.93%. When comparing turnover to same quarter last year, American Express sales marked a beatiful increase and escalated a 5.76%.
AXP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$8,870 M-$1,330 M15.0%-
2017-Q3$9,010 M1.58%$1,350 M15.0%1.50%
2017-Q4$4,687 M-47.98%$-1,218 M-26.0%-190.22%
2018-Q1$6,962 M48.54%$1,634 M23.5%-234.15%
2018-Q2$7,153 M2.74%$1,623 M22.7%-0.67%
2018-Q3$7,287 M1.87%$1,654 M22.7%1.91%
2018-Q4$7,463 M2.42%$2,010 M26.9%21.52%
2019-Q1$7,363 M-1.34%$1,550 M21.1%-22.89%

American Express ownership

When you are planning to invest in a stock, it's always worth to review its ownership structure.

American Express shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.29% of all shares.

Bearish positions for AXP stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to American Express:

AXPBACCCOFDFS
Market cap$96.9 B$282.6 B$157.6 B$42.2 B$25.1 B
Total shares829.7 M9,310.0 M2,260.0 M470.3 M318.2 M
Float shares675.5 M8,330.0 M2,250.0 M466.4 M316.4 M
  - Institutional holdings (%)86.3%70.4%80.0%90.8%0.0%
  - Insider holdings (%)0.3%0.1%0.2%0.8%16.8%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

AXP summary

Friday, October 18th, 2019
Open$119.73
Close$116.76
Day range$116.67 - $119.98
Previous close$119.10
Session gain-1.96%
Average true range$2.07
50d mov avg$118.41
100d mov avg$120.84
200d mov avg$114.68
Daily pattern
Weekly pattern

American Express performance

To better understand American Express performance you must becnhmark its gains with other related stocks in same sector or industry. We picked Bank of America, Citi, Capital One Financial, , J P Morgan Chase, Mastercard and Visa as the bechmarking frame for American Express stock.
Stock3m6m12m
AXPAmerican Express-6.10%3.44%11.00%
BACBank of America3.90%2.29%9.61%
CCiti-0.92%1.50%4.14%
COFCapital One Finan...-0.50%2.83%-0.19%
DFS-2.89%3.42%6.13%
JPMJ P Morgan Chase7.03%7.86%15.21%
MAMastercard-1.69%12.62%34.02%
VVisa-1.83%10.04%26.26%

American Express competitors

One check before investing in any stock is to review a list of its competitors, in this case for American Express. We picked 7 companies as American Express competitors as they are in the same industry or have similar market objectives.

Latest AXP stock news