American Categorical (NYSE:AXP) had its price goal boosted by stock analysts at Bank of America from $105.00 to $106.00 in a analysis report issued on Wednesday, Fintech Zoom experiences. The agency at present has a “impartial” score on the fee providers firm’s stock. Bank of America’s goal price would counsel a possible draw back of 0.19% from the corporate’s earlier shut.
AXP has been the topic of a number of different experiences. Morgan Stanley restated a “purchase” score and set a $114.00 price goal on shares of American Categorical in a analysis report on Tuesday, August 18th. Atlantic Securities downgraded shares of American Categorical from an “obese” score to a “impartial” score and set a $110.00 price goal on the stock. in a analysis word on Monday, June eighth. Deutsche Bank decreased their price goal on shares of American Categorical from $108.00 to $106.00 and set a “purchase” score on the stock in a report on Monday, July 27th. UBS Group lowered shares of American Categorical from a “impartial” score to a “promote” score and set a $92.00 goal price on the stock. in a analysis report on Monday, June 22nd. Lastly, Jefferies Monetary Group elevated their price goal on American Categorical from $90.00 to $110.00 and gave the corporate a “maintain” score in a analysis word on Wednesday, June 10th. Three funding analysts have rated the stock with a promote score, 13 have assigned a maintain score and 9 have issued a purchase score to the corporate. The corporate at present has a mean score of “Maintain” and a consensus goal price of $106.75.
Shares of NYSE AXP opened at $106.20 on Wednesday. The stock has a market capitalization of $85.89 billion, a P/E ratio of 22.18, a PEG ratio of two.66 and a beta of 1.15. The stock’s fifty day shifting common is $99.86 and its 200 day shifting common is $94.89. American Categorical has a 52 week low of $67.00 and a 52 week excessive of $138.13. The corporate has a debt-to-equity ratio of two.32, a fast ratio of 1.56 and a present ratio of 1.56.
American Categorical (NYSE:AXP) final launched its earnings outcomes on Friday, July 24th. The fee providers firm reported $0.29 EPS for the quarter, beating the consensus estimate of $0.13 by $0.16. American Categorical had a web margin of 10.02% and a return on fairness of 24.08%. The agency had income of $7.68 billion for the quarter, in comparison with analyst estimates of $8.25 billion. Throughout the identical interval final yr, the agency earned $2.07 EPS. The enterprise’s quarterly income was down 29.2% in comparison with the identical quarter final yr. Equities analysis analysts forecast that American Categorical will put up 4.52 earnings per share for the present yr.
In different information, insider Denise Pickett bought 2,864 shares of American Categorical stock in a transaction dated Tuesday, August 18th. The stock was bought at a mean price of $96.62, for a complete value of $276,719.68. Following the completion of the transaction, the insider now immediately owns 10,202 shares of the corporate’s stock, valued at roughly $985,717.24. The transaction was disclosed in a submitting with the SEC, which is accessible via this hyperlink. Firm insiders personal 0.20% of the corporate’s stock.
Giant buyers have not too long ago added to or diminished their stakes within the firm. Two Sigma Advisers LP elevated its stake in American Categorical by 33.8% within the second quarter. Two Sigma Advisers LP now owns 487,600 shares of the fee providers firm’s stock valued at $46,420,00Zero after buying an extra 123,200 shares within the final quarter. Schonfeld Strategic Advisors LLC purchased a brand new stake in American Categorical within the 2nd quarter valued at about $471,000. Ninety One UK Ltd raised its stake in American Categorical by 24.9% through the 2nd quarter. Ninety One UK Ltd now owns 1,843,931 shares of the fee providers firm’s stock worth $175,542,00Zero after shopping for an extra 368,083 shares through the interval. Garde Capital Inc. boosted its holdings in American Categorical by 2.8% within the second quarter. Garde Capital Inc. now owns 5,798 shares of the fee providers firm’s stock worth $552,00Zero after buying an extra 159 shares within the final quarter. Lastly, Neuberger Berman Group LLC grew its stake in American Categorical by 2.5% within the second quarter. Neuberger Berman Group LLC now owns 234,449 shares of the fee providers firm’s stock valued at $22,258,00Zero after buying an extra 5,710 shares through the interval. Institutional buyers personal 84.14% of the corporate’s stock.
American Categorical Firm Profile
American Categorical Firm, along with its subsidiaries, offers cost and credit score fee card merchandise, and travel-related providers to shoppers and companies worldwide. It operates via three segments: International Shopper Companies Group, International Business Companies, and International Service provider and Community Companies.
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