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 a possible loss of -24.87 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 4 analysts increased their quarterly estimates, while 3 analysts made negative revisions. 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. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of AXP is 1.13.
In the trailing 52-weeks, AXP hit 86.28 at the highest peak, while it's lowest trading point was 59.50. Today's price is 40.92 percent above the 52-week low, and 2.82 percent lower than its 52-week high. 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 will post this quarters earnings in days, on 0000-00-00.