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NYSE: AXP

How to Buy American Express Co Stock

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American Express Co

American Express Co is a credit service company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker AXP on the NYSE exchange.

American Express Co stock last closed at $144.37, down 0.75% from the previous day, and has decreased 17.39% in one year. It has overperformed other stocks in the Credit Services industry by 0.21 percentage points. American Express Co stock is currently +7.64% from its 52-week low of $134.12, and -27.65% from its 52-week high of $199.55.

There are currently 749.75M AXP shares outstanding. The market value of AXP is $108.24B. In the last 24 hours, 2.07M AXP shares were traded.

How to Buy American Express Co Stock

Not sure how to invest in American Express Co stock? Here's how.
  1. Figure out where to buy American Express Co stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy American Express Co stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected. It's the best place to buy AXP stock.
  3. Deposit funds into your investment account: Select your payment method and add your info.
  4. Analyze American Express Co stock: The American Express Co ticker symbol is AXP. Is American Express Co stock a good investment? Should you buy shares of AXP? How do AXP's underlying business fundamentals look? Do top analysts think American Express Co is a good buy? Why has AXP's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if AXP is a good stock to buy).
  5. Place your AXP purchase: Decide if you will purchase AXP shares at the current market price or use a limit order to purchase AXP shares at a given price.
  6. Watch your AXP position: Create a watchlist to keep tabs on your new investment in American Express Co shares.

Step 1: Figure out where to buy American Express Co stock

You need an online brokerage account to access the NYSE market and buy AXP shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best brokerage. Here's why:

  • Invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world financial markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs, commodities, cryptocurrencies, and currencies (forex).

Get $10 towards your your purchase of AXP shares by creating an account with eToro today.

Open eToro Account

Step 2: Create your brokerage account

Now that you've picked the next step is brokerage, picked to fill out some personal details so you can buy AXP stock today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
  2. Enter your personal data to create a new trading account.
  1. Submit your details by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Check out the walkthrough below to see the process of transferring money into your brokerage account.

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Step 4: Analyze American Express Co stock

It's absolutely critical to evaluate stocks prior to buying, so you actually wrap your head around the risk as well as the upside.

American Express Co shares data

AXP Price
$144.37
1w %
2.71%
1y %
-17.39%
5y %
58.37%
P/E
14.75x
P/B
4.66x
P/S
2.26x
PEG
1.84x
Revenue
$47.96B
Earnings
$7.61B
Fore. Rev. Growth
10.3%
Fore. Earn. Growth
8.01%
Market Cap
$108.24B
Next Earnings
Oct 20, 2022
Next Dividend
Nov 10, 2022

Fundamentals of AXP

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in less time.

You can see all of the due diligence checks on AXP's stock page.

Is AXP stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge AXP's fair value.

Using relative valuations methods:

  • AXP could be undervalued based on its P/E ratio of 14.75x, relative to Credit Services industry P/E ratio of 25.7x
  • AXP could be overvalued based on its P/B ratio of 4.66x, relative to Credit Services industry P/B ratio of 2.99x
  • AXP may be overvalued based on its PEG ratio of 1.84x

You can access additional valuation research on AXP's stock here.

AXP Financial Health

Positive Financial Indicators:

  • AXP earnings of $10.01B is not sufficient to cover its interest payments.
  • AXP's operating cash flow of $17.32B allows it to safely service it's debt of $42.48B.

Negative Financial Indicators:

  • Total AXP debt is higher than 5 years ago, relative to shareholder equity.
  • AXP profit margin has gone down from 18.4% to 15.9% in the past year.
  • AXP has a relatively high debt to equity ratio of 7.84.

Is it a good time to buy AXP stock?

Out of 18 Equities analysts who research AXP, the consensus analyst rating on American Express Co is a Buy

Should I buy or sell AXP stock?

Based on 18 analysts offering ratings for American Express Co.
Buy
Strong Buy
7 analysts 38.89%
Buy
2 analysts 11.11%
Hold
8 analysts 44.44%
Sell
1 analysts 5.56%
Strong Sell
0 analysts 0%

Most Recent AXP Analyst Recommendations

James Fotheringham, a top 9% analyst from BMO Capital maintains AXP with a hold rating and raises their AXP price target from $166.00 to $169.00, on Jul 26, 2022.

Jon Arfstrom, a top 10% analyst from RBC Capital maintains AXP with a hold rating and raises their AXP price target from $175.00 to $180.00, on Jul 25, 2022.

Vincent Caintic, a bottom 21% analyst from Stephens & Co. maintains AXP with a hold rating and raises their AXP price target from $153.00 to $157.00, on Jul 25, 2022.

Betsy Graseck, a top 25% analyst from Morgan Stanley maintains AXP with a hold rating and raises their AXP price target from $143.00 to $155.00, on Jul 25, 2022.

Mark Devries, a bottom 14% analyst from Barclays maintains AXP with a hold rating and raises their AXP price target from $157.00 to $160.00, on Jul 25, 2022.

You can dig deeper into what analysts are forecasting on the American Express Co stock forecast page.

AXP Technicals

SMA10
140.13
SMA20
147.71
SMA50
153.44
SMA100
152.16
SMA200
165.09
MACD
-3.86
MACD Signal
-3.74
MACD Histogram
-0.11
RSI
46.01
Stochastic %K
37.99
Stochastic %D
23.66
StochRSI %K
71.12
StochRSI %D
45.38

AXP Earnings

Last year, AXP earnings were $7.61B. Over the past five year, AXP's earnings have grown by 14.8% per year. This was slower than the Credit Services industry average of 17.69%.

Last year, AXP revenue was $47.96B. In the past five year, AXP's revenue has gone up by 6.68% per year. This was slower than the Credit Services industry average of 12.05%.

Dig into AXP's earnings and revenue performance here.

Who is buying/selling AXP?

In the last year, insiders at AXP have sold more shares than they have bought.

Theodore Leonsis, Director of AXP, was the latest AXP insider to sell. They sold $667,357.16 worth of AXP stock on Jun 3, 2022.

Get more info about who owns AXP shares here.

Does AXP stock generate passive income?

American Express Co pays a dividend of 1.32%, compared to the Credit Services industry's average dividend yield of 5.43%. If you owned $1,000 of AXP stock, you would have been paid $13.16 last year.

American Express Co dividend payments have consistently grown over the past decade and have remained stable.

Dig into more analysis about American Express Co dividend yield and history here.

AXP Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your AXP purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.

Press the Open Trade button and eToro will place your order.

If you want more help with buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Watch your AXP position

Now that you own some shares in AXP, you'll want to keep up with your new investment.

Make a watchlist to get notified of important updates regarding your AXP stock.

AXP Feed

How to Buy Stock in American Express Co

To summarize, here are the 6 steps for buying American Express Co stock:

  1. Figure out where to buy American Express Co stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Analyze American Express Co stock
  5. Place your AXP purchase
  6. Watch your AXP position

If you need a online brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you want to keep tabs on your new investment in American Express Co, create your watchlist below.

NYSE: AXP
$144.37-1.09 (-0.75%)
Updated Oct 5, 2022
Open eToro Account
NYSE: AXP
$144.37-1.09 (-0.75%)
Updated Oct 5, 2022
Open eToro Account

FAQ

How much does it cost to buy one American Express Co share?

As of Oct 5, 2022, it costs $144.37 to buy one share of American Express Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.069 shares of AXP.

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Is now a good time to buy American Express Co stock?

According to 18 Wall Street analysts who monitor American Express Co, their consensus recommendation is to buy American Express Co stock.

What is the best way to buy American Express Co stock?

The best way to buy American Express Co stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.