American Express (AXP) stock forecast for 2023
Last update: 06-24-2022, 7:31Sector: Financial
The share price of American Express Comp. (AXP) now
What analysts predict:: $197.2
52-week high/low: $198.99 / $136.49
50/200 Day Moving Average: $166.36 / $172.44
This figure corresponds to the average price over the previous 50/200 days. For American Express stocks, the 50-day moving average is the support level today.
For American Express stocks, the 200-day moving average is the resistance level today.
Are you interested in American Express stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the American Express stock price in 2023. How much will one American Express share be worth in 2023?
Is it worth taking profit / loss on American Express stock now or waiting? What are analysts' forecasts for American Express stock?
We forecast American Express stock performance using neural networks based on historical data on American Express stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The American Express stock prediction results are shown below and presented as a graph, table and text information.
American Express stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for American Express analysts is $197.2.
Today 200 Day Moving Average is the resistance level (172.44 $).
50 Day Moving Average is the support level (166.36 $).
Historical and forecast chart of American Express stock
The chart below shows the historical price of American Express stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the American Express stock price can be found in the table below.
American Express (AXP) Forecast for 2023
American Express information and performance
American Express Company (Amex) is an American multinational corporation famous for its financial services. Best known for its products such as credit and bank cards, travelers checks. Amex accounts for approximately 24% of all US dollar-denominated credit card transactions. The logo of the company, adopted in 1958, is the Roman centurion, whose image appears on traveller’s checks and maps. Centurion stands for reliability, openness, stability – important and fundamental principles of Amex.
In 1850, American Express was launched as an express mail business in Buffalo, New York. It was founded as a joint stock company through the merger of two companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company). In 1882, the company began its expansion into the financial services industry by launching a money transfer business to compete with the United States Post Office money orders. Sometime between 1888 and 1890, J.C. Fargo toured Europe, but returned angry and disappointed, he noticed that although he was president of American Express and carried standard letters of credit, cash was difficult to obtain except in major cities. .J. C. Fargo went to Marcellus Flemming Berry and asked him to come up with a more convenient solution than a letter of credit. Then Berry provided a traveler’s check.
American Express Address
200 VESEY STREET, 50TH FLOOR, NEW YORK, NY, US
Market Capitalization: 108 734 325 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: - $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: 14.44
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: 1.216
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: -0.004
Quarterly Revenue Growth YOY: 0.208
Trailing PE: 14.44
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: 14.84
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: -
Enterprise Value (EV) /Revenue
EV To EBITDA: -
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 753060000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A
American Express price target for 2021 by month
Target values for the price of one American Express share for Jan 2023.
Pessimistic target level: 143.40
Optimistic target level: 147.45
Target values for the price of one American Express share for Feb 2023.
Pessimistic target level: 142.95
Optimistic target level: 150.92
Target values for the price of one American Express share for Mar 2023.
Pessimistic target level: 147.43
Optimistic target level: 151.73
Target values for the price of one American Express share for Apr 2023.
Pessimistic target level: 148.85
Optimistic target level: 152.52
Target values for the price of one American Express share for May 2023.
Pessimistic target level: 145.87
Optimistic target level: 151.89
Target values for the price of one American Express share for Jun 2023.
Pessimistic target level: 144.38
Optimistic target level: 153.86
Target values for the price of one American Express share for Jul 2023.
Pessimistic target level: 149.35
Optimistic target level: 153.35
Target values for the price of one American Express share for Aug 2023.
Pessimistic target level: 154.13
Optimistic target level: 161.00
Target values for the price of one American Express share for Sep 2023.
Pessimistic target level: 156.99
Optimistic target level: 164.98
Target values for the price of one American Express share for Oct 2023.
Pessimistic target level: 161.90
Optimistic target level: 168.20
Target values for the price of one American Express share for Nov 2023.
Pessimistic target level: 163.63
Optimistic target level: 167.47
Target values for the price of one American Express share for Dec 2023.
Pessimistic target level: 158.33
Optimistic target level: 165.65
American Express (AXP) stock dividend
American Express last paid dividends on 06/30/2022. The next scheduled payment will be on 08/10/2022. The amount of dividends is $1.81 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Last Split Factor:
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.