American Express Company (NYSE:AXP) rose 1.04% during previous trade. Oppenheimer issued rating on the stock of American Express Company (NYSE:AXP) in a research note issued to investors on Jan-10-17, the stock received “Upgrade” rating from Perform to Outperform. Additionally BofA/Merrill issued their verdict on the stock of the company, on record date of Jan-09-17 the stock was “Upgraded” from Neutral to Buy besides that on Oct-20-16 American Express Company (NYSE:AXP) was “Upgraded” by BofA/Merrill from Underperform to Neutral. Furthermore on Sep-06-16 the stock was “Downgraded” by Nomura from Neutral to Reduce.
American Express Company (NYSE:AXP) shares ended last trading session at the price of $76.65 whereas a number of traders indicating mean target price will hit $77.32 over the next twelve months, mean value of price target most recently revised on 01/09/17. American Express Company (NYSE:AXP)’s highest estimates of price target are $98 and low forecast is $60 based on the opinion of 25 analysts. The price target estimates represents a standard deviation of 11.11. However brokerage recommendations suggests an ABR of 3.10 based on calls of 21 experts, where 4 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 12 suggest Hold, 0 are rating the stock as Sell while 5 as Strong Sell.
American Express Company (NYSE:AXP) is expected to release the earnings of its current quarter on 1/19/17 After Market Close. The company is expected to release $0.98 EPS for current quarter according to 25 analysts whereas the company reported $1.23 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.92 and high estimate of $1.04. For the current year American Express Company (NYSE:AXP) has set to release EPS of $5.75 as per the sentiments of 18 analysts, however according to 31 analysts, the company expected to release $5.61 EPS for next year.
American Express Company (NYSE:AXP)’s average revenue estimates for the current quarter are $7.92B according to 21 number of analysts. However its lowest revenue estimates are $7.11B and highest revenue estimates are $8.12B. A year ago the company’s sales were $8.39B. Its yearly sales growth estimates are -5.60%. For the next quarter the company has anticipated average revenues of $7.66B, according to the sentiments of 19 analysts. For the current year the company has fixed $31.93B revenues, as per the opinion of 26 analysts. For the current year the company has low revenue estimates of $30.1B in contradiction of high revenue estimates of $32.22B. Whereas for the next year revenues are set at $31.87B by 26 analysts.
The stock exchanged hands 9.56M shares versus average trading capacity of 3.76M shares, while its shares’ total market worth is $70.52B along with 915.26M outstanding shares. However the company observed 52 week high price on 01/10/17 and witnessed 52 week low price on 02/11/16. The company’s price sits 6.76% above from its 50-day moving average of $74.06 and 17.67% far from the stock’s 200-day moving average which is $66.89. American Express Company (NYSE:AXP)’s price to sales ratio for trailing twelve month stands at 2.12, whereas its price to book ratio for most recent quarter sits at 3.36. However the company’s price to cash per share for most recent quarter stands at 27.74. Its price to free cash flow for trailing twelve months is 13.59.