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After finishing at $237.75 in the prior trading day, American Express Co. (NYSE: AXP) closed at $238.93, up 0.50%. In other words, the price has increased by $0.50 from its previous closing price. On the day, 2.2 million shares were traded. AXP stock price reached its highest trading level at $239.45 during the session, while it also had its lowest trading level at $235.6221.
Ratios:
Our goal is to gain a better understanding of AXP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.51. In the meantime, Its Debt-to-Equity ratio is 1.76 whereas as Long-Term Debt/Eq ratio is at 1.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on June 10, 2024, initiated with a Neutral rating and assigned the stock a target price of $250.
Barclays Downgraded its Overweight to Equal Weight on April 09, 2024, whereas the target price for the stock was revised from $220 to $221.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 22 ’24 when Pickett Denise sold 2,768 shares for $240.68 per share. The transaction valued at 666,213 led to the insider holds 12,560 shares of the business.
Joabar Raymond sold 2,230 shares of AXP for $541,622 on May 20 ’24. The Grp. Pres., GMNS now owns 12,707 shares after completing the transaction at $242.88 per share. On May 20 ’24, another insider, Joabar Raymond, who serves as the Grp. Pres., GMNS of the company, sold 425 shares for $242.70 each. As a result, the insider received 103,148 and left with 2,393 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXP now has a Market Capitalization of 171863048192 and an Enterprise Value of 168834072576. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.68, and their Forward P/E ratio for the next fiscal year is 16.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 5.97. Its current Enterprise Value per Revenue stands at 2.967.
Stock Price History:
The Beta on a monthly basis for AXP is 1.21, which has changed by 0.37126946 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, AXP has reached a high of $244.41, while it has fallen to a 52-week low of $140.91. The 50-Day Moving Average of the stock is 1.82%, while the 200-Day Moving Average is calculated to be 19.90%.
Shares Statistics:
The stock has traded on average 2.97M shares per day over the past 3-months and 2461940 shares per day over the last 10 days, according to various share statistics. A total of 723.00M shares are outstanding, with a floating share count of 718.40M. Insiders hold about 0.13% of the company’s shares, while institutions hold 86.53% stake in the company. Shares short for AXP as of 1718323200 were 8435626 with a Short Ratio of 2.84, compared to 1715731200 on 8591448. Therefore, it implies a Short% of Shares Outstanding of 8435626 and a Short% of Float of 1.49.
Dividends & Splits
In the trailing 12 months, AXP’s forward annual dividend rate was 2.5, compared to 2.60 this year. Against a Trailing Annual Dividend Yield of 0.0105152475The stock’s 5-year Average Dividend Yield is 1.3. The current Payout Ratio is 21.41% for AXP, which recently paid a dividend on 2024-07-05 with an ex-dividend date of 1720137600. Stock splits for the company last occurred on 2005-10-03 when the company split stock in a 10000:8753 ratio.
