American Express Company (NYSE:AXP) Given Average Recommendation of “Moderate Buy” by Analysts

American Express Company (NYSE:AXP) has earned a consensus recommendation of “Moderate Buy” from the twenty-four ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $373.0526.

A number of equities analysts have weighed in on AXP shares. Guggenheim assumed coverage on shares of American Express in a research note on Monday, July 13th. They set a “buy” rating for the company. DZ Bank raised American Express from a “hold” rating to a “buy” rating and set a $375.00 price target on the stock in a research report on Thursday, June 18th. TD Cowen raised their price objective on American Express from $330.00 to $338.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. upgraded American Express from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $328.00 to $400.00 in a research note on Monday, July 13th. Finally, Truist Financial dropped their target price on American Express from $375.00 to $370.00 and set a “buy” rating on the stock in a report on Wednesday.

Institutional Trading of American Express

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Evolution Wealth Management Inc. lifted its position in American Express by 6,600.0% in the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after acquiring an additional 66 shares in the last quarter. Archer Investment Corp bought a new stake in shares of American Express in the 2nd quarter worth $25,000. Frazier Financial Advisors LLC raised its stake in shares of American Express by 66.7% in the first quarter. Frazier Financial Advisors LLC now owns 100 shares of the payment services company’s stock worth $30,000 after purchasing an additional 40 shares during the last quarter. Whipplewood Advisors LLC raised its stake in shares of American Express by 2,550.0% in the first quarter. Whipplewood Advisors LLC now owns 106 shares of the payment services company’s stock worth $32,000 after purchasing an additional 102 shares during the last quarter. Finally, Cedar Mountain Advisors LLC lifted its holdings in shares of American Express by 58.3% during the second quarter. Cedar Mountain Advisors LLC now owns 95 shares of the payment services company’s stock valued at $32,000 after purchasing an additional 35 shares in the last quarter. 84.33% of the stock is currently owned by institutional investors.

American Express Stock Performance

Shares of American Express stock opened at $301.56 on Friday. American Express has a 12 month low of $290.97 and a 12 month high of $387.49. The firm has a market capitalization of $203.65 billion, a P/E ratio of 18.30, a P/E/G ratio of 1.30 and a beta of 1.05. The company has a current ratio of 1.55, a quick ratio of 1.54 and a debt-to-equity ratio of 1.66. The business has a fifty day simple moving average of $333.49 and a two-hundred day simple moving average of $324.61.

American Express (NYSE:AXP) last released its earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.12. The firm had revenue of $14.99 billion for the quarter, compared to the consensus estimate of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The company’s revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.08 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, equities analysts forecast that American Express will post 17.67 earnings per share for the current fiscal year.

American Express Company Profile

American Express Company is a global payments and financial services company that provides payment products, services and experiences to consumers, businesses and institutions. Its offerings include credit and charge cards, consumer and commercial payment solutions, business financing, deposit products and expense-management tools.

The company also operates a global payments network connecting cardmembers, merchants and financial institutions. Through its merchant services business, American Express supports payment acceptance and provides data-driven marketing and customer-engagement solutions.