19-Apr-2024
Chaotic week ends with Nasdaq falling ~5%, S&P slipping below 5,000; Dow flat
Seeking Alpha News (Fri, 19-Apr 4:14 PM ET)
American Express Stock (NYSE:AXP) Looks Brilliant as Customers Are Resilient
TipRanks (Fri, 19-Apr 1:12 PM ET)
AXP Earnings: American Express Delivers Strong Q1 Results
TipRanks (Fri, 19-Apr 11:43 AM ET)
Seeking Alpha News (Fri, 19-Apr 10:14 AM ET)
AXP Bullish Calendar Call Spread with 267% Upside
Market Chameleon (Fri, 19-Apr 9:59 AM ET)
Biggest stock movers today: SHOP, NFLX, PARA, and more
Seeking Alpha News (Fri, 19-Apr 9:54 AM ET)
4 stocks to watch on Friday: PG, AXP and more
Seeking Alpha News (Fri, 19-Apr 8:48 AM ET)
American Express Q1 earnings beat, but network volume disappoints
Seeking Alpha News (Fri, 19-Apr 7:40 AM ET)
American Express in charts: Q1 Network volumes dip Q/Q, revenue holds steady
Seeking Alpha News (Fri, 19-Apr 7:26 AM ET)
American Express in charts: Q1 Network volumes and U.S. consumer services revenue soar
Seeking Alpha News (Fri, 19-Apr 7:26 AM 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 April 19, 2024, AXP stock price climbed to $231.04 with 7,000,179 million shares trading.
AXP has a beta of 1.13, meaning it tends to be more sensitive to market movements. AXP has a correlation of 0.29 to the broad based SPY ETF.
AXP has a market cap of $166.36 billion. This is considered a Large Cap stock.
Last quarter American Express Company reported $16 billion in Revenue and $2.62 earnings per share. This fell short of revenue expectation by $-201 million and missed earnings estimates by -$.02.
In the last 3 years, AXP stock traded as high as $231.69 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 +41.6% while the SPY ETF gained +21.2%. AXP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +26.5% and +3.9%, respectively, while the SPY returned +3.0% and -4.5%, respectively.
AXP support price is $214.72 and resistance is $220.29 (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.