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.
Investment analysts gave a few price targets for AXP. The most optimistic price target 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. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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 made positive revisions to their quarterly estimates over the past month, 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, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of AXP to grow at a rate of 15.18 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 price/earnings 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.