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 highest price target was 102, implying a possible profit of 21.65 percent. The most pessimistic price target was 63, implying a possible loss of -24.87 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -1.01 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
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, while 3 analysts revised their estimates downwards. 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.
The growth rate of AXP's earnings is estimated by analysts to be 15.18 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, 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 last 52-weeks, AXP has achieved a high of 86.28 and a low of 59.50. The current market price is above the trailing year's low by 40.92 percent, and 2.82 percent below the 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 stock has a market capitalization of $76.24 billion. AXP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.