In Friday’s Wall Street session, American Express Co (NYSE:AXP) shares traded at $233.68, down -5.71% from the previous session.
AXP stock price is now -19.20% away from the 50-day moving average and -14.91% away from the 200-day moving average. The market capitalization of the company currently stands at $163.84B.
With the price target maintained at $265, Robert W. Baird recently Upgraded its rating from Underperform to Neutral for American Express Co (NYSE: AXP). On January 27, 2025, Monness Crespi & Hardt reiterated its ‘Buy’ rating on the stock by increasing its target price from $330 to quote $355, while the Monness Crespi & Hardt previously rated the stock as ‘Buy’ on December 19, 2024.
In other news, Angelakis Michael J, Director bought 3,700 shares of the company’s stock on Mar 07 ’25. The stock was bought for $998,593 at an average price of $269.89. Upon completion of the transaction, the Director now directly owns 3,700 shares in the company, valued at $0.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Group Pres., GMNS Marrs Anna sold 21,955 shares of the business’s stock. A total of $6,320,504 was realized by selling the stock at an average price of $287.88. This leaves the insider owning 25,761 shares of the company worth $6.02 million. A total of 0.15% of the company’s stock is owned by insiders.
During the past 12 months, American Express Co has had a low of $214.51 and a high of $326.27. According to the stock market information, the enterprise value for the company is $178540707840, which is based on a 16.68 price-to-earnings ratio, a 1.28 price-to-earnings-growth ratio, and a beta of 1.25. The fifty day moving average price for AXP is $289.2142 and a two-hundred day moving average price translates $274.6413 for the stock.
The latest earnings results from American Express Co (NYSE: AXP) was released for 2024-12-31. The net profit margin was 13.47% and return on equity was 34.47% for AXP. The company reported revenue of $6.08 billion for the quarter, compared to $5.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.46 percent.
