American Express Trading Volume Plummets 44.89% Ranking 173rd in Daily Volume

Generado por agente de IAAinvest Market Brief
miércoles, 14 de mayo de 2025, 8:00 pm ET1 min de lectura
AXP--

On May 14, 2025, American ExpressAXP-- (AXP) experienced a significant decline in trading volume, with a total of 5.88 billion shares traded, marking a 44.89% decrease from the previous day. This drop in volume placed AXPAXP-- at the 173rd position in terms of trading volume for the day. The stock price of American Express also decreased by 0.73%.

American Express is a prominent credit service company based in New York, operating within the Financial Services sector. It is listed on the NYSE under the ticker symbol AXP. The company has a market capitalization of $211.79 billion and a price-to-earnings ratio of 21.11. Its diluted earnings per share for the trailing twelve months stand at $14.32, with dividends per share amounting to $2.92.

Analysts have provided varied ratings for AXP. Kenneth Bruce from Bank of AmericaBAC-- upgraded AXP to a strong buy rating but lowered the price target to $274.00. Keith Horowitz from Citigroup maintained a hold rating with a reduced price target of $300.00. Ryan Nash from Goldman Sachs also maintained a strong buy rating but adjusted the price target to $330.00. David George from Baird upgraded AXP to a hold rating with a stable price target of $265.00. Donald Fandetti from Wells Fargo maintained a strong buy rating and increased the price target to $370.00.

American Express has shown strong financial performance, with earnings increasing by 16.79% per year over the past five years, outpacing the industry average. The company's revenue has also grown by 10.24% annually over the same period. The company's profit margin has improved from 15.8% to 16.6% in the past year, and its operating cash flow of $13.26 billion allows it to service its debt of $52.80 billion effectively. However, the company's total debt is higher than it was five years ago, and it has a relatively high debt-to-equity ratio of 8.05.

Insider trading activity at American Express has been notable, with executives and large shareholders buying more shares than they have sold in the past year. Howard Grosfield, Group President of U.S. Consumer Services at AXP, recently sold $2,603,475.00 worth of AXP shares. The company pays a dividend of 0.73%, which has consistently grown over the past decade, providing a stable income stream for investors.

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios