American Express Company (NYSE:AXP) Projected EPS At $0.97 For Next Quarter


American Express Company (NYSE:AXP) has a mean price target of $67.81 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.97 a share for the very next quarter and $5.50 for this year.

Technical View

The technical study of American Express Company Common demonstrates that the 50-day moving average of American Express Company (NYSE:AXP) stock is $65.14, and is trading $-0.98 points away or -1.50% from 50-day moving average of $65.14. It is trading $1.10 or +1.75% away 200-day moving average of $63.06.

The 52-week high of American Express Company (NYSE:AXP) was $78.40 while $50.27 is the low mark in the same period. It state American Express Company Common share price has to surge more than $-14.24 to hit 52-week high or drop +27.63% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of American Express Company Common, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. American Express Company (NYSE:AXP) ratio came in at 11.35, after dividing current equity price by yearly earnings. American Express Company Common stock recorded a close of $64.16 in last trading session, registering a market cap of $59.27B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. American Express Company (NYSE:AXP) PEG ratio is at 1.56.

1 Chart Pattern Every Investor Should Know

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