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

American Express Company (NYSE:AXP) has received an average rating of “Moderate Buy” from the twenty-four research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation, twelve have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $373.3158.

A number of equities research analysts recently weighed in on AXP shares. JPMorgan Chase & Co. raised American Express from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $328.00 to $400.00 in a research report on Monday, July 13th. Freedom Capital raised shares of American Express from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. HSBC lifted their target price on shares of American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Barclays upped their price objective on American Express from $322.00 to $364.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, Bank of America upped their target price on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th.

Institutional Investors Weigh In On American Express

Hedge funds and other institutional investors have recently bought and sold shares of the business. Evolution Wealth Management Inc. lifted its position in American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock worth $25,000 after buying an additional 66 shares in the last quarter. Joseph Group Capital Management acquired a new stake in shares of American Express in the 4th quarter valued at about $26,000. Sfam LLC acquired a new stake in American Express in the 4th quarter valued at approximately $26,000. Archer Investment Corp acquired a new position in American Express during the 2nd quarter worth approximately $25,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of American Express during the 4th quarter worth approximately $28,000. 84.33% of the stock is owned by institutional investors and hedge funds.

American Express Trading Down 0.2%

Shares of AXP stock opened at $333.64 on Tuesday. The company has a market cap of $225.31 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 1.35 and a beta of 1.04. American Express has a 12 month low of $290.97 and a 12 month high of $387.49. The company has a quick ratio of 1.54, a current ratio of 1.55 and a debt-to-equity ratio of 1.66. The business’s 50 day moving average is $342.85 and its two-hundred day moving average is $326.18.

American Express (NYSE:AXP) last released its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.41 by $0.12. The company had revenue of $19.64 billion during the quarter, compared to analysts’ expectations of $19.70 billion. American Express had a net margin of 15.07% and a return on equity of 34.12%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company earned $4.08 earnings per share. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities analysts predict that American Express will post 17.67 EPS for the current year.

American Express Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Thursday, July 2nd were issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. American Express’s payout ratio is presently 23.06%.

American Express Company Profile

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.