American Express (AXP) Given Media Sentiment Rating of 0.27

News headlines about American Express (NYSE:AXP) have trended neutral recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. American Express earned a news sentiment score of 0.27 on their scale. InfoTrie also assigned media stories about the payment services company an news buzz score of 6 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted American Express’ score:

Shares of American Express stock opened at $112.36 on Tuesday. American Express has a 12-month low of $87.54 and a 12-month high of $114.55. The company has a market cap of $95.91 billion, a PE ratio of 19.14, a P/E/G ratio of 1.45 and a beta of 1.06. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.58.

American Express (NYSE:AXP) last announced its quarterly earnings data on Thursday, October 18th. The payment services company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The company had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.06 billion. American Express had a return on equity of 31.26% and a net margin of 9.51%. The business’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.50 EPS. As a group, equities analysts expect that American Express will post 7.38 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 8th. Investors of record on Friday, January 4th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, January 3rd. American Express’s payout ratio is presently 26.58%.

Several equities analysts have recently issued reports on the company. Wells Fargo & Co boosted their target price on American Express from $115.00 to $122.00 and gave the stock an “outperform” rating in a research report on Monday, October 1st. BMO Capital Markets boosted their target price on American Express from $106.00 to $110.00 and gave the stock a “market perform” rating in a research report on Friday, October 19th. Buckingham Research lowered American Express from a “buy” rating to a “neutral” rating and set a $112.00 target price for the company. in a research report on Thursday, November 29th. They noted that the move was a valuation call. Oppenheimer set a $114.00 target price on American Express and gave the stock a “buy” rating in a research report on Monday, November 5th. Finally, Zacks Investment Research upgraded American Express from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a research report on Tuesday, October 9th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $112.70.

In related news, Chairman Stephen J. Squeri sold 12,500 shares of the business’s stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $103.84, for a total transaction of $1,298,000.00. Following the transaction, the chairman now directly owns 209,957 shares of the company’s stock, valued at approximately $21,801,934.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Marc D. Gordon sold 25,948 shares of the business’s stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $107.83, for a total value of $2,797,972.84. Following the transaction, the insider now directly owns 33,111 shares in the company, valued at $3,570,359.13. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by insiders.

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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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Insider Buying and Selling by Quarter for American Express (NYSE:AXP)

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