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.
A number of analysts gave price targets for AXP. The most optimistic price target was 102, implying potential capital gains of 21.65 percent. The most pessimistic analyst gave a price target of 63, which equates to a potential downside 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.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.44 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.44 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, 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.
Analysts estimate earnings of AXP to grow at a rate of 15.18 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. 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. AXP has a PEG ratio of 1.13.
AXP has traded between a high of 86.28 and a low of 59.50 over the past year. Currently the stock is 40.92 percent higher than its low, 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 will post this quarters earnings in days, on 0000-00-00.