News stories about American Express (NYSE:AXP) have trended somewhat positive on Monday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American Express earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave press coverage about the payment services company an impact score of 45.700498967431 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several equities analysts have recently weighed in on the company. Barclays PLC reiterated a “buy” rating and set a $83.00 price objective on shares of American Express in a report on Thursday, July 20th. Credit Suisse Group reiterated a “sell” rating on shares of American Express in a report on Wednesday, July 19th. BidaskClub upgraded American Express from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Jefferies Group LLC reiterated a “hold” rating and set a $85.00 price objective on shares of American Express in a report on Saturday, July 22nd. Finally, Guggenheim reiterated a “buy” rating and set a $95.00 price objective (up previously from $90.00) on shares of American Express in a report on Saturday, July 22nd. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $85.20.

American Express (NYSE AXP) traded up 0.05% on Monday, hitting $86.14. The company had a trading volume of 2,262,735 shares. American Express has a one year low of $59.50 and a one year high of $87.78. The stock has a 50 day moving average of $85.48 and a 200-day moving average of $81.11. The stock has a market capitalization of $76.15 billion, a PE ratio of 17.67 and a beta of 1.18.

American Express (NYSE:AXP) last released its earnings results on Wednesday, July 19th. The payment services company reported $1.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.44 by $0.03. American Express had a return on equity of 24.96% and a net margin of 15.80%. The business had revenue of $8.31 billion during the quarter, compared to the consensus estimate of $8.20 billion. During the same period last year, the business posted $2.10 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. Equities analysts anticipate that American Express will post $5.74 EPS for the current year.

American Express announced that its board has initiated a share buyback program on Wednesday, June 28th that permits the company to repurchase $4.40 billion in shares. This repurchase authorization permits the payment services company to purchase up to 5.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

In other American Express news, insider Anre D. Williams sold 53,111 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $85.24, for a total value of $4,527,181.64. Following the completion of the sale, the insider now directly owns 79,614 shares of the company’s stock, valued at $6,786,297.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Stephen J. Squeri sold 94,792 shares of the firm’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $85.41, for a total value of $8,096,184.72. Following the completion of the sale, the insider now directly owns 261,665 shares of the company’s stock, valued at $22,348,807.65. The disclosure for this sale can be found here. Insiders sold 943,387 shares of company stock valued at $79,944,759 over the last three months. Company insiders own 0.67% of the company’s stock.

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About American Express

American Express Company, together with its subsidiaries, is a global services company. The Company’s principal products and services are charge and credit card products, and travel-related services, which are offered to consumers and businesses around the world. Its segments include the U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS).

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

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