Analyst Ratings for American Express Co. (AXP)Updated: 2017-07-28
An average rating of Hold has been given to American Express Co. (NYSE:AXP) by analysts covering the stock. About 30 days ago, AXP was issued an average rating of Overweight.
9 analysts declared AXP a buy, 1 issued an overweight rating, 17 issued a hold rating, 1 gave an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has decreased by 2.
Several price targets were given for AXP by the analysts covering the stock. The maximum price target given was 102, which equates to a potential upside of 21.65 percent. The most pessimistic price target was 63, implying potential capital losses of -24.87 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.01 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.44 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.44 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. During this time, 8 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
AXP has an estimated earnings growth rate of 15.18 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AXP is 1.13.
AXP has a 52-week high of 86.28 and a 52-week low of 59.50. The current market price is above the trailing year's low by 40.92 percent, and below the high by 2.82 percent. AXP has a P/E ratio of 17.15. Investors typically compare the P/E ratio to a company's peers in the industry. The AXP value stock report compares AXP to some of its peers using value stock charts. The market cap of AXP is $76.24 billion. AXP's next earnings release will be on 0000-00-00, which is days away.