Economy

American Express Company (AXP) Analysts See $1.47 EPS

American Express Company (AXP) Analysts See $1.47 EPS”

American Express's revenue for the quarter was up.9% compared to the same quarter past year. The stock increased 0.90% or $0.8 during the last trading session, reaching $89.49. About 690,533 shares traded. It has outperformed by 47.99% the S&P500. Allstate stated it has 0.09% of its portfolio in American Express Company (NYSE:AXP). AXP's profit would be $1.30B giving it 15.22 P/E if the $1.47 EPS is correct. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company.

More notable recent American Express Company (NYSE:AXP) news were published by: "Qz.com which released: "What AmEx did to be recognized as the best place in the United States for adoptive ..." on September 26, 2017, also Marketwatch.com with their article: "Some "elite" Delta customers are very unhappy about a big change the company ..." published on September 27, 2017, Marketwatch.com published: "American Express is making a major change â€" because of millennials" on August 29, 2017. It has outperformed by 1.89% the S&P500. The institutional investor owned 96,579 shares of the payment services company's stock after selling 3,245 shares during the quarter. Its up 0.04, from 0.78 in 2017Q1. The original version of this article can be accessed at https://www.dispatchtribunal.com/2017/09/28/american-express-company-axp-shares-bought-by-welch-forbes-llc.html. 104 funds opened positions while 306 raised stakes. William Blair reiterated an "ourperform" rating on shares of American Express Company in a research report on Friday, January 20th. Twin Capital Mngmt holds 0.36% or 29,675 shares. American Express Company has a 52-week low of $59.50 and a 52-week high of $89.74. 392,245 were accumulated by Clarkston Partners Llc. Intersect Ltd Limited Liability Company holds 0.31% in 3M Co (NYSE:MMM) or 2,493 shares. Argus Research downgraded American Express Company (NYSE:AXP) on Monday, January 25 to "Hold" rating. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. 109,486 were reported by Bessemer Gp. American Express Company had 73 analyst reports since July 23, 2015 according to SRatingsIntel. Baker Ellis Asset Mngmt Ltd Llc reported 15,152 shares. Baxter Bros accumulated 6,181 shares. Birmingham Management Inc Al holds 1.29% of its portfolio in American Express Company (NYSE:AXP) for 38,025 shares. Tfs Lc invested in 0.34% or 83,400 shares.

Since May 3, 2017, it had 0 insider purchases, and 4 insider sales for $6.59 million activity.

In related news, insider Paul D. Fabara sold 5,981 shares of the business's stock in a transaction that occurred on Friday, July 21st. Buckminster Douglas E. had sold 3,000 shares worth $237,720 on Friday, April 28.

Analysts expect American Express Company (AXP) to generate earnings per share of $5.74 in 2017. This is helpful in determining how the market values the company compared to it's actual worth. 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. It has a 18.32 P/E ratio.

Among 32 analysts covering American Express Company (NYSE:AXP), 9 have Buy rating, 5 Sell and 18 Hold. Therefore 46% are positive. Also, CEO Kenneth I. Chenault sold 789,503 shares of American Express stock in a transaction on Monday, July 24th. The stock of Advantage Oil & Gas Ltd. (TSE:AAV) has "Outperform" rating given on Wednesday, February 8 by Scotia Capital. As per Monday, January 9, the company rating was upgraded by Bank of America. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Friday, August 18 report.

Analysts have a consensus rating of 2.50 on the stock. The company was maintained on Friday, January 22 by UBS. The firm has "Underperform" rating by Macquarie Research given on Thursday, April 21. The rating was maintained by Credit Suisse on Tuesday, January 19 with "Underperform". American Express Company's payout ratio is 22.74%. The stock of American Express Company (NYSE:AXP) has "Sell" rating given on Thursday, July 20 by RBC Capital Markets. If the ratio is less than 1, then we can determine that there has been a decrease in price. Its down 0.09, from 1.29 in 2017Q1. However, the institutional investors are observed to own 85.20% of the total shares. 61 funds opened positions while 149 raised stakes. Cap Mgmt Va reported 3,945 shares. Westpac Banking Corporation holds 238,431 shares. Amer Century has invested 0.48% of its portfolio in 3M Co (NYSE:MMM). Balyasny Asset Ltd Com invested in 0.05% or 61,053 shares. MCF Advisors LLC now owns 1,282 shares of the payment services company's stock worth $101,000 after acquiring an additional 6 shares during the last quarter. John G Ullman And Associate stated it has 0.52% of its portfolio in 3M Co (NYSE:MMM). Kbc Group Inc Nv owns 5,017 shares. Patten Group Inc Inc Inc owns 3,305 shares for 0.12% of their portfolio.

Investors sentiment increased to 1.84 in Q2 2017. Old Mutual Customised Solutions (Proprietary) has 2,300 shares for 0.02% of their portfolio. First Lp holds 0% in Fossil Group Inc (NASDAQ:FOSL) or 118,991 shares. Grantham Mayo Van Otterloo & Co Llc sold 99,212 shares as the company's stock rose 7.02% with the market. It also reduced Bard C R Inc (NYSE:BCR) stake by 2,417 shares and now owns 88,878 shares. Cvs Health Corp (NYSE:CVS) was reduced too. Therefore 18% are positive. Lennar had 43 analyst reports since September 22, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Sunday, August 20 by RBC Capital Markets. Mizuho initiated the shares of FOSL in report on Wednesday, September 30 with "Neutral" rating. Shareholders of record on Friday, October 6th will be given a $0.35 dividend. The firm has "Hold" rating given on Monday, May 1 by Jefferies.

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