American Express Company (NYSE:AXP) shares traded 0.96% up during most recent session to reach at the closing price of $110.91. The stock exchanged hands 2.32 Million shares versus average trading capacity of 3.56 Million shares, yielding a market cap of $92.32 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $119.05 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have American Express Company (NYSE:AXP) high price target of $131 and with a conservative view have low price target of $105.
Atlantic Equities “Upgrades” American Express Company (NYSE:AXP) in a research note issued to investors on 1/29/19 to Overweight with price target of $0.
Additionally on 1/08/19 Morgan Stanley “Maintained” American Express Company (NYSE:AXP) to Equal-Weight setting price target at $111 and on 1/03/19 Wells Fargo “Maintained” the stock to Outperform at $115. Furthermore on 12/19/18 Bank of America “Downgrades” the stock to Neutral at $115.
On the other hand the company has Relative Strength Index (RSI 14) of 54.54 along with Average True Range (ATR 14) of 1.5, Consequently American Express Company (NYSE:AXP)’s weekly and monthly volatility is 0.95%, 1.30% respectively. The company’s beta value is at 1.11.
In terms of Buy, Sell or Hold recommendations, American Express Company (NYSE:AXP) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts American Express Company (NYSE:AXP)’s minimum EPS for the current quarter is at $1.91 and can go high up to $2.08. The consensus mean EPS for the current quarter is at $1.98 derived from a total of 25 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.86 earnings per share for the same quarter during last year.
Previously American Express Company (NYSE:AXP) reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.8 by $-0.06. The company posted an earnings surprise of -3.3%.
American Express Company (NYSE:AXP)’s revenue estimates for the current quarter are $10.45 Billion according to 21 number of analysts, for the current quarter the company has high revenue estimates of $10.6 Billion in contradiction of low revenue estimates of $10.32 Billion. For the current year the company’s revenue estimates are $43.67 Billion compared to low analyst estimates of $43.13 Billion and high estimates of $44.26 Billion according to 24 number of analysts.
Currently American Express Company (NYSE:AXP)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 86.4%. However the six-month change in the insider ownership was recorded -3.19%, as well as three-month change in the institutional ownership was recorded 0.12%.
American Express Company (NYSE:AXP)’s trailing twelve month revenues are $41.63 Billion, whereas its price to sales ratio for the same period is 2.22. Its book value per share for the most recent quarter is $26.32 while its price to book ratio for the same period is 4.21, as for as the company’s cash per share for the most recent quarter is $3.91, however its price to cash per share ratio for the same period is 28.38. The stock has 5 year expected PEG ratio of 1.01 whereas its trailing twelve month P/E ratio is 15.15.