Media headlines about American Express (NYSE:AXP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Express earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the payment services company an impact score of 45.6471222329331 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
A number of research firms have recently weighed in on AXP. Barclays upped their price objective on American Express from $112.00 to $113.00 and gave the stock an “equal weight” rating in a research report on Thursday. Guggenheim reaffirmed a “hold” rating and set a $104.00 price objective on shares of American Express in a research report on Thursday. Royal Bank of Canada upped their price objective on American Express to $86.00 and gave the stock an “underperform” rating in a research report on Thursday. Buckingham Research increased their target price on American Express from $110.00 to $111.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $120.00 target price (up previously from $115.00) on shares of American Express in a report on Thursday. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating and thirteen have given a buy rating to the company. American Express has an average rating of “Hold” and an average price target of $106.09.
Shares of AXP stock traded down $1.58 during mid-day trading on Friday, hitting $100.79. 5,614,678 shares of the stock were exchanged, compared to its average volume of 4,010,457. The firm has a market cap of $86,707.52, a price-to-earnings ratio of 17.17, a PEG ratio of 1.36 and a beta of 1.14. American Express has a 12-month low of $75.97 and a 12-month high of $102.96. The company has a debt-to-equity ratio of 2.60, a quick ratio of 1.93 and a current ratio of 2.57.
American Express (NYSE:AXP) last issued its quarterly earnings data on Wednesday, April 18th. The payment services company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.15. The company had revenue of $9.72 billion for the quarter, compared to analyst estimates of $9.49 billion. American Express had a return on equity of 28.27% and a net margin of 8.79%. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.34 earnings per share. research analysts predict that American Express will post 7.22 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 10th. Shareholders of record on Friday, April 6th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, April 5th. American Express’s payout ratio is 23.85%.
In other American Express news, insider James Peter Bush sold 13,356 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $98.65, for a total transaction of $1,317,569.40. Following the transaction, the insider now owns 100,790 shares of the company’s stock, valued at $9,942,933.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.20% of the company’s stock.
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American Express Company Profile
American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. It operates through four segments: U.S. Consumer Services, International Consumer and Network Services, Global Commercial Services, and Global Merchant Services.
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