American Express Company (AXP) Shares Appear To Be Priced For Virtually Growth

Wall Street analysts will be watching closely when American Express Company (NYSE:AXP) reports its quarterly earnings next, which is scheduled for Thu 17 Jan (In 4 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $2.04 per share. In the preceding quarter, the company reportedly generated EPS of $1.88 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 20.40%, a profit margin of 9.00% and a gross margin of 69.90%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of American Express Company (NYSE:AXP). Most recently, on December 19th, 2018, BofA/Merrill Downgrade a Neutral rating. Before that, on November 29th, 2018, Buckingham Research Downgrade to Neutral. BMO Capital Markets Reiterated a Market Perform rating on October 19th, 2018, Stephens Upgrade an Overweight rating on September 17th, 2018, and Buckingham Research Upgrade a Buy rating on June 29th, 2018.

At its current price point, combined with the fact that this company has 858.00M shares outstanding, the current market capitalization sits at 84.56B. In the last trading day, 2,769,314 shares of American Express Company were traded, which compares to its usual volume of about 4.20M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.91 in the past five trading days, resulting in a percentage change of +0.93% and a moving average of 98.49. In the past 20 days, its price changed by -$8.93 (which is -8.31%) and the stock’s moving average was 97.37. Looking back a full 50 days, shares of AXP changed by -$2.64 (which is -2.61%) and demonstrated a moving average of 103.44.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 84.54%, a 14-day Stochastic %K score of 84.35% and a 20-day Stochastic %K score of 48.56%. Using a similar metric, American Express Company (AXP) shares showed a Stochastic %D of 87.80% over the past 9 days, a Stochastic %D score of 76.56% over the last 14 days, and a 20-day Stochastic %D of 48.20%. Meanwhile, this stock’s MACD Oscillator was 1.38 over the past 9 days, 2.95 over the past two weeks, and 1.17 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $98.55 level. Over the past 12 months, this stock has experienced a high price of $114.55 and a low of $87.54. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Berkshire Hathaway Inc Held shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from American Express Company (NYSE:AXP) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 151,610,700 shares of the company’s stock. This share count represents that Berkshire Hathaway Inc now held 17.75% stake in American Express Company (AXP)’s shares.

Just in the most recent trading day, American Express Company (NYSE:AXP) experienced a high price of $98.68 and low point of $97.36. At the end of the last trading session, this stock was at 98.55 per share, following a loss of -$0.38, or 0.30% during the full day.