William Blair Reaffirms Outperform Rating for American Express (NYSE:AXP)

American Express (NYSE:AXP)‘s stock had its “outperform” rating reaffirmed by research analysts at William Blair in a research note issued on Monday,RTT News reports. William Blair also issued estimates for American Express’ Q1 2025 earnings at $3.47 EPS, Q2 2025 earnings at $4.07 EPS, Q3 2025 earnings at $4.03 EPS, Q4 2025 earnings at $3.62 EPS, FY2025 earnings at $15.19 EPS and FY2026 earnings at $17.23 EPS.

Several other research firms have also recently issued reports on AXP. Monness Crespi & Hardt upped their price objective on American Express from $330.00 to $355.00 and gave the company a “buy” rating in a research report on Monday. Compass Point upped their price target on American Express from $315.00 to $325.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. TD Cowen boosted their target price on American Express from $260.00 to $268.00 and gave the stock a “hold” rating in a research report on Monday, October 21st. Morgan Stanley raised their price target on shares of American Express from $305.00 to $310.00 and gave the company an “equal weight” rating in a report on Monday. Finally, Hsbc Global Res cut shares of American Express from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $291.50.

American Express Stock Up 0.3 %

Shares of NYSE:AXP opened at $317.24 on Monday. American Express has a 12-month low of $199.07 and a 12-month high of $326.27. The stock has a market capitalization of $223.48 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 1.51 and a beta of 1.23. The stock has a fifty day simple moving average of $302.97 and a two-hundred day simple moving average of $275.72. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.80.

American Express (NYSE:AXP) last announced its quarterly earnings results on Friday, January 24th. The payment services company reported $3.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.04. American Express had a net margin of 15.32% and a return on equity of 32.46%. On average, research analysts anticipate that American Express will post 13.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Caillec Christophe Le sold 6,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $303.48, for a total value of $1,820,880.00. Following the transaction, the chief financial officer now directly owns 6,433 shares in the company, valued at $1,952,286.84. The trade was a 48.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AXP. Prospera Private Wealth LLC bought a new stake in shares of American Express during the third quarter valued at approximately $27,000. Kennebec Savings Bank bought a new stake in American Express in the 3rd quarter valued at $29,000. True Wealth Design LLC lifted its stake in American Express by 332.0% in the 3rd quarter. True Wealth Design LLC now owns 108 shares of the payment services company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. Itau Unibanco Holding S.A. bought a new position in shares of American Express during the 3rd quarter valued at about $38,000. Finally, Financial Life Planners purchased a new position in shares of American Express during the fourth quarter valued at about $38,000. 84.33% of the stock is owned by hedge funds and other institutional investors.

American Express Company Profile

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.