AXP stock price:$122.27-0.19%At close on August 22nd, 2019
Updated on: August 22nd, 2019
4
Shares of Amex stayed steady a neutral -0.19% and closed at $122.27.
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.
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
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.
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.
Is AXP a good stock to buy?
Date
Analyst / Broker
Previous rating
Current rating
2019-7-8
Deutsche Bank
n/a
Buy
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
William Blair
n/a
Outperform
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
2019-4-29
UBS Group
Buy
Neutral
2019-4-25
Morgan Stanley
Equal Weight
Overweight
2019-4-22
Morgan Stanley
Equal Weight
Equal Weight
2019-3-21
DZ Bank
Buy
Hold
AXP stock analysis
Daily outlook
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.
AXP stock chart (daily)
Weekly outlook
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 chart (weekly)
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 $129.60
Predicting 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:
AXP stock price predictions
Date
Analyst / Broker
Action
Previous target
Current target
Diff
2019-7-8
Deutsche Bank
Initiates
n/a
$142.00
-
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%
(in average)
$122.60
$129.60
6.0%
The price forecast for American Express stock is $129.60, moving in a range between $142.00 and $119.00. In average, analysts' outlook on AXP price target is positive, upgrading the target by a 6.00% from previous estimations.
Financials and fundamental analysis
Earnings date and Earnings per Share
After 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.
AXP earnings date and EPS evolution
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 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%
AXP annual Sales and Income evolution
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 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%.
AXP quarterly Sales and Income evolution
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 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:
AXP
BAC
C
COF
DFS
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%
AXP summary
Thursday, August 22nd, 2019
Open
$123.31
Close
$122.27
Day range
$121.77 - $123.71
Previous close
$122.50
Session gain
-0.19%
Average true range
$2.67
50d mov avg
$124.77
100d mov avg
$120.26
200d mov avg
$112.21
Daily pattern
Weekly pattern
lb03a
American Express performance
Stocks 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:
Stock
3m
6m
12m
AXPAmerican Express
2.63%
14.56%
17.29%
BACBank of America
-3.00%
-5.52%
-10.12%
CCiti
-0.02%
1.03%
-7.03%
COFCapital One Finan...
-5.14%
6.51%
-12.21%
DFS
4.17%
12.69%
4.05%
JPMJ P Morgan Chase
-1.22%
4.00%
-3.33%
MAMastercard
12.27%
26.61%
35.42%
VVisa
10.89%
23.82%
25.71%
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.