AXP stock: buy or sell?
Updated on:
February 21st, 2020
5
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?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, American Express stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| 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?
Financial institutions and banks publish stock ratings everyday.
Unfortunately, we couldn't find any rating for AXP stock for the last 30 days.AXP stock analysis
Daily outlook
Amex declined a bad -1.23% and closed at $134.90.
Shares of American Express ended on February/21 at $134.90 and declined a bad -1.23%. On December AXP price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily perspective, AXP is in a short term uptrend after plotting its last bottom ($131.34, on February 7th) higher than the previous bottom, and its last top ($138.04, on Thursday) also over the previous top. Now trading in between its last bottom and last top AXP might consolidate in a plain range, waiting to break out over $138.04 or down under $131.34. On December, SMA50d and SMA100d crossed up triggering a rise of 8.94%. On January 24th, AXP hit a new all time high, pushing higher than on Jan/22 tops. Check different trading setups that use ATHs as triggers.
Weekly outlook
Shares of Amex ended this week at $134.90 and declined an unpleasant -0.71%.
In a weekly time frame, Amex stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, AXP might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last price record Amex marked late January. Early October AXP price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
AXP stock price history
AXP stock historical price chart
AXP stock reached all-time highs on Jan/24 with a price of $138.13.
AXP stock price target
Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price target for Amex stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
Since last April, when American Express published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 1.47 | n/a |
| 2017-Q3 | 2017-10-18 | 1.48 | 1.5 | 1.4% |
| 2017-Q4 | 2018-01-18 | 1.54 | 1.58 | 2.6% |
| 2018-Q1 | 2018-04-18 | 1.71 | 1.86 | 8.8% |
| 2018-Q2 | 2018-07-18 | 1.83 | 1.84 | 0.5% |
| 2018-Q3 | 2018-10-18 | 1.78 | 1.88 | 5.6% |
| 2018-Q4 | 2019-01-17 | 1.8 | 1.74 | -3.3% |
| 2019-Q1 | 2019-04-16 | 2 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual sales report draw a more than good increase of 7.71% to $28,865.00 M dollars. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) rocketed a 13.72% to 23.98%. To have an up to date 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 earnings were $6,837.00 million dollars. If we compare this TTM figures with the last reported annuality, we can review American Express business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stepped up a tiny 1.39%. Similarly, profit margin (net income/sales) remained constant at 23.98%.| Year | Sales | YoY | Income/(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 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 results
American 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 dropped 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 good gain and jumped a 5.76%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 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 ownership
When you are planning to buy a company, it's worth to check its ownership structure.American Express shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.21% of all shares.
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:
| AXP | |
|---|---|
| Market cap | $109.0 B |
| Total shares | 808.0 M |
| Float shares | 654.4 M |
| - Institutional holdings (%) | 86.7% |
| - Insider holdings (%) | 0.2% |
| Shares in short selling | 0.0% |
AXP summary
| Friday, February 21st, 2020 | |
|---|---|
| Open | $136.20 |
| Close | $134.90 |
| Day range | $133.89 - $136.27 |
| Previous close | $136.58 |
| Session gain | -1.23% |
| Average true range | $1.93 |
| 50d mov avg | $128.85 |
| 100d mov avg | $123.27 |
| 200d mov avg | $122.01 |
| Daily pattern | lt06a |
| Weekly pattern | lt06a |
American Express performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For American Express, the comparison is made against .| Stock | 3m | 6m | 12m |
|---|---|---|---|
| AXPAmerican Express | 13.70% | 15.39% | 27.32% |
American Express competitors
Unfortunately, we could not find any public company that could be defined as American Express competitor. This doesn't mean American Express does not have any competitor in the market, it's just we could not detected it.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