AXP stock: buy or sell?
August 22nd, 2019
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. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with American Express stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is American Express stock a buy?
Banks and financial institutions publish stock ratings everyday.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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-22||Royal Bank of Canada||Neutral||Sector Perform|
|2019-7-22||JPMorgan Chase & Co.||n/a||Neutral|
|2019-7-22||BMO Capital Markets||n/a||Market Perform|
|2019-7-10||Wells Fargo & Co||n/a||Outperform|
|2019-6-19||Bank of America||n/a||Buy|
|2019-6-18||Wells Fargo & Co||n/a||Outperform|
|2019-6-18||Jefferies Financial Group||n/a||Hold|
|2019-5-3||Royal Bank of Canada||Sector Perform||Sector Perform|
|2019-5-3||Morgan Stanley||Equal Weight||Overweight|
|2019-4-25||Morgan Stanley||Equal Weight||Overweight|
|2019-4-22||Morgan Stanley||Equal Weight||Equal Weight|
AXP stock analysis
American Express ended today at $122.27 and stayed constant a neutral -0.19%.
American Express closed today at $122.27 and stayed stable a neutral -0.19%. On July/16, AXP hit a new all time high, pushing higher than on Jul/15 tops. Check different trading setups that use ATHs as triggers.
Shares of American Express depreciated an awful -1.89% this week.
AXP shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $120.16 early August. Previous top ($129.34) will play as a resistance in possible new gains. Not so far away is the last price record Amex marked by mid July. Since late January when AXP stock price broke up the SMA40w line, it gained $22.17 (22.15%). Since early March when SMA10w and SMA20w crossed up, AXP price gained $14.09 per share (13.02%).
AXP stock price history
AXP stock historical price chart
AXP stock reached all-time highs on Jul/16 with a price of $129.34.
AXP stock price target is $129.60Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. 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 predictions for American Express stock posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-22||Royal Bank of Canada||Raises Target||n/a||$125.00||-|
|2019-7-22||JPMorgan Chase & Co.||Lowers Target||$135.00||$132.00||-2.2%|
|2019-7-22||BMO Capital Markets||Raises Target||n/a||$119.00||-|
|2019-7-10||Wells Fargo & Co||Reiterates||$135.00||$140.00||3.7%|
|2019-6-18||Wells Fargo & Co||Reiterates||$125.00||$135.00||8%|
|2019-6-18||Jefferies Financial Group||Raises Target||$105.00||$130.00||23.8%|
|2019-5-3||Royal Bank of Canada||Reiterates||n/a||$120.00||-|
|2019-4-22||Morgan Stanley||Raises Target||$113.00||$123.00||8.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on April, American Express jumped a very good 9.63%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a great increase of 7.71% to $28,865.00 million dollars. In the same way, its earnings margin (compared to sales) skyrocketed to 23.98%, that is $6,921.00 million. American Express fiscal year ends in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, American Express TTM sales up to March 2019 were $29,266.00 and income $6,837.00 M USD. When comparing this TTM figures with the last reported annuality, we can esteem American Express business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, raised a slightly good 1.39%. Regarding profit margin, American Express remained stable -0.62% to 23.98%
|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 M||2.45%||$5,408 M21.3%||4.75%|
|2017||$26,799 M||5.46%||$2,748 M10.3%||-49.19%|
|2018||$28,865 M||7.71%||$6,921 M24.0%||151.86%|
|TTM||$29,266 M||1.39%||$6,837 M23.4%||-1.21%|
Quarterly financial resultsAmerican Express reported $7,363.00 M in sales for 2019-Q1, a -1.34% less compared to previous quarter. Reported quarter earnings marked $1,550.00 M with a profit margin of 21.05%. Profit margin fell 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 growth and rose a 5.76%.
|2017-Q2||$8,870 M||-||$1,330 M15.0%||-|
|2017-Q3||$9,010 M||1.58%||$1,350 M15.0%||1.50%|
|2017-Q4||$4,687 M||-47.98%||$-1,218 M-26.0%||-190.22%|
|2018-Q1||$6,962 M||48.54%||$1,634 M23.5%||-234.15%|
|2018-Q2||$7,153 M||2.74%||$1,623 M22.7%||-0.67%|
|2018-Q3||$7,287 M||1.87%||$1,654 M22.7%||1.91%|
|2018-Q4||$7,463 M||2.42%||$2,010 M26.9%||21.52%|
|2019-Q1||$7,363 M||-1.34%||$1,550 M21.1%||-22.89%|
American Express ownershipWhen you are planning to buy shares of a stock, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For American Express, 0.29% of all outstanding shares are owned by its staff.
Bearish positions for AXP stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$102.1 B||$258.6 B||$147.6 B||$40.3 B||$27.8 B|
|Total shares||835.1 M||9,510.0 M||2,310.0 M||469.6 M||349.0 M|
|Float shares||675.5 M||8,330.0 M||2,250.0 M||466.4 M||316.4 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$121.77 - $123.71|
|Average true range||$2.67|
|50d mov avg||$124.77|
|100d mov avg||$120.26|
|200d mov avg||$112.21|
American Express performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared American Express against Bank of America, Citi, Capital One Financial, , J P Morgan Chase, Mastercard and Visa in the following table:
|BACBank of America||-3.00%||-5.52%||-10.12%|
|COFCapital One Finan...||-5.14%||6.51%||-12.21%|
|JPMJ P Morgan Chase||-1.22%||4.00%||-3.33%|
American Express competitorsOne 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.
- Bank of America (BAC)
- Citi (C)
- Capital One Financial (COF)
- J P Morgan Chase (JPM)
- Mastercard (MA)
- Visa (V)
Latest AXP stock news
- Seeking AlphaAmerican Express: Strong Growth Momentum At A Reasonable PriceJuly 22, 2019
- InvestorPlaceAmerican Express Earnings: AXP Stock Dips Despite Q2 BeatJuly 19, 2019
- InvestorPlaceWhy You Should Buy and Hold American Express StockApril 18, 2019
- Investors.comDow Jones Today Is Led By Travelers, American Express; Software Stocks Weak AgainApril 18, 2019
- InvestorPlaceAXP Earnings Look Key for American Express StockApril 16, 2019