AXP stock: buy or sell?

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 setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
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?
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 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
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%
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
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 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
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 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
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 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:

AXPBACCCOFDFS
Market cap$102.1 B$258.6 B$147.6 B$40.3 B$27.8 B
Total shares835.1 M9,510.0 M2,310.0 M469.6 M349.0 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

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:
Stock3m6m12m
AXPAmerican Express2.63%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%
DFS4.17%12.69%4.05%
JPMJ P Morgan Chase-1.22%4.00%-3.33%
MAMastercard12.27%26.61%35.42%
VVisa10.89%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.

Latest AXP stock news