V, MA, or AXP: Which Credit Card Stock Will Outperform?
TipRanks (Wed, 18-Sep 6:31 PM ET)
American Express Plans Live Audio Webcast of Third Quarter 2024 Earnings Conference Call
Business Wire (Tue, 17-Sep 4:55 PM ET)
As consumers rack up expensive debt, credit card giants reach new highs
Seeking Alpha News (Tue, 17-Sep 4:19 PM ET)
Seaport Global Sticks to Its Hold Rating for American Express (AXP)
TipRanks (Tue, 17-Sep 8:26 AM ET)
Barclays Remains a Hold on American Express (AXP)
TipRanks (Tue, 17-Sep 3:45 AM ET)
American Express consumer credit card charge-off rate ticks up in August
Seeking Alpha News (Mon, 16-Sep 3:11 PM ET)
American Express Maintains Stable Loan Performance Rates
TipRanks (Mon, 16-Sep 12:30 PM ET)
American Express and Knot Team Up to Simplify Adding Card-on-File Payment Information
Business Wire (Thu, 5-Sep 9:00 AM ET)
Business Wire (Wed, 14-Aug 9:00 AM ET)
American Express Executives to Participate in Upcoming Investor Conferences
Business Wire (Fri, 9-Aug 12:15 PM ET)
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
American Express Company trades on the NYSE stock market under the symbol AXP.
As of September 19, 2024, AXP stock price climbed to $268.32 with 1,319,220 million shares trading.
AXP has a beta of 1.10, meaning it tends to be more sensitive to market movements. AXP has a correlation of 0.32 to the broad based SPY ETF.
AXP has a market cap of $190.75 billion. This is considered a Large Cap stock.
Last quarter American Express Company reported $16 billion in Revenue and $3.49 earnings per share. This fell short of revenue expectation by $-257 million and exceeded earnings estimates by $.23.
In the last 3 years, AXP stock traded as high as $270.10 and as low as $130.65.
The top ETF exchange traded funds that AXP belongs to (by Net Assets): VTI, VOO, SPY, IVV, DIA.
AXP has outperformed the market in the last year with a price return of +69.7% while the SPY ETF gained +30.0%. AXP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +17.3% and +6.6%, respectively, while the SPY returned +4.5% and +3.8%, respectively.
AXP support price is $258.04 and resistance is $266.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AXP stock will trade within this expected range on the day.