Stock To Watch: American Express Company (NYSE:AXP)


The leading market experts have placed a mean price target of $67.24 on American Express Company (NYSE:AXP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.97 a share for the upcoming quarter and $5.50 for the current fiscal.

Technical View

The technical analysis of American Express Company Common plainly substantiates that the 50-day moving average of American Express Company Common is $62.62, and stock is trading $3.12 points away or +4.98% from its 50-day moving average of $62.62. Further it is trading $4.75 or +7.79% away its 200-day moving average of $60.99. American Express Company (NYSE:AXP) 52-week high is $81.66 and the 52-week low is $50.27.

This explains if the stock moves $-15.92, it will post a 52-week high. In event of +30.77% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of American Express Company Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, American Express Company (NYSE:AXP) ratio came in at 11.63.

The stock last ended the trading session at $65.74 and registered a market cap of $60.73B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. American Express Company (NYSE:AXP) PEG ratio is at 1.50.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 14 times, 1 visits today)