Daiwa Securities raised the price target for the American Express Company (NYSE:AXP) stock from “an Outperform” to “a Neutral”. The rating was released on August 12, 2021. We previously noted in another research note published on July 09, 2021 by Citigroup that resumed the stock to a Neutral with a price target of $183 for AXP stock. The research report from Goldman has upgraded the stock from Neutral to Buy, with a price target set at $225. In their research brief published February 16, 2021, Robert W. Baird analysts downgraded the American Express Company stock from Outperform to Neutral with a price target of $126.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of American Express Company (NYSE:AXP) dipped -0.66% to close Tuesday’s market session at $164.65, lower as compared to yesterday’s close. The stock price fluctuated between $163.35 and $166.35 throughout the trading session with the volume trading being 7615882 shares, which represented a significant variation when compared to the three months average volume of 3.53 million shares. The firm’s stock price fluctuated -2.86% within the last five trades and 1.13% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 28.07% in the last 6 months and 6.23% was added to its value over the previous 3 months. AXP stock is trading at a margin of -3.21%, -2.08% and 15.91% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, AXP deals in the Financial domain. The stock is trading -8.36 percent below its 52-week high and 84.77 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 65.29. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does American Express Company’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 24.10 percent and the profit margin is 18.20 percent, and the company has reported a gross margin of 70.60 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $132.72 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for American Express Company (NYSE:AXP) is 19.14. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 17.58. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 3.49 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 5.16, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.10 percent of American Express Company shares are owned by insiders, and 87.50 percent are held by financial institutions. CAMPBELL JEFFREY C, the Vice Chairman and CFO at American Express Company (AXP) has sold 74,677 shares of firm on Aug 02 at a price of $170.48 against the total amount of $12.73 million. In another inside trade, Seeger Laureen, Chief Legal Officer of American Express Company (NYSE:AXP) sold 20,625 shares of the firm on Jun 17 for a total worth of $3.41 million at a price of $165.44. An inside trade which took place on Jun 09, Grp. Pres., GMNS of American Express Company Joabar Raymond sold 10,000 shares of firm against total price of $1.64 million at the cost of $164.03 per share.