$1.81 EPS Expected for American Express Company (AXP)

June 17, 2018 - By Marie Mckinney

American Express Company (NYSE:AXP) LogoInvestors sentiment decreased to 0.81 in 2018 Q1. Its down 0.08, from 0.89 in 2017Q4. It is negative, as 52 investors sold American Express Company shares while 462 reduced holdings. 99 funds opened positions while 318 raised stakes. 695.82 million shares or 0.87% less from 701.90 million shares in 2017Q4 were reported.
Asset Mngmt Of Georgia Incorporated Ga Adv reported 0.54% in American Express Company (NYSE:AXP). Moreover, American National Registered Advisor has 0.48% invested in American Express Company (NYSE:AXP) for 10,383 shares. Alphamark Llc has 617 shares for 0.02% of their portfolio. Shelter Mutual Insurance Com accumulated 57,840 shares or 1.61% of the stock. Central Savings Bank & reported 0.05% in American Express Company (NYSE:AXP). Tirschwell & Loewy Incorporated owns 0.04% invested in American Express Company (NYSE:AXP) for 2,800 shares. Kentucky-based Mcf Lc has invested 0.02% in American Express Company (NYSE:AXP). Ballentine Prtnrs has invested 0.03% in American Express Company (NYSE:AXP). Caprock Gru has invested 0.18% in American Express Company (NYSE:AXP). Seabridge Invest Limited Com stated it has 0.02% of its portfolio in American Express Company (NYSE:AXP). Fiduciary Of The Southwest Tx accumulated 2,372 shares or 0.07% of the stock. Lockheed Martin Inv Communication holds 54,330 shares. Litman Gregory Asset Mngmt Ltd Liability invested in 0.01% or 200 shares. General Amer Investors owns 105,000 shares. Koch invested in 5,216 shares or 0.05% of the stock.

Since January 2, 2018, it had 0 buys, and 8 insider sales for $12.05 million activity. The insider Cox L Kevin sold $5.07 million. 3,804 shares valued at $376,710 were sold by Buckminster Douglas E. on Wednesday, February 21. Squeri Stephen J also sold $1.23 million worth of American Express Company (NYSE:AXP) on Tuesday, May 1. Petrino Richard also sold $1.02 million worth of American Express Company (NYSE:AXP) on Tuesday, May 22. $882,406 worth of American Express Company (NYSE:AXP) shares were sold by CAMPBELL JEFFREY C.

Analysts expect American Express Company (NYSE:AXP) to report $1.81 EPS on July, 18.They anticipate $0.34 EPS change or 23.13 % from last quarter’s $1.47 EPS. AXP’s profit would be $1.56 billion giving it 13.61 P/E if the $1.81 EPS is correct. After having $1.86 EPS previously, American Express Company’s analysts see -2.69 % EPS growth. The stock decreased 1.24% or $1.24 during the last trading session, reaching $98.52. About 6.74 million shares traded or 96.72% up from the average. American Express Company (NYSE:AXP) has risen 30.55% since June 17, 2017 and is uptrending. It has outperformed by 17.98% the S&P500.

American Express Company (NYSE:AXP) Ratings Coverage

Among 23 analysts covering American Express (NYSE:AXP), 11 have Buy rating, 2 Sell and 10 Hold. Therefore 48% are positive. American Express had 37 analyst reports since December 18, 2017 according to SRatingsIntel. As per Wednesday, April 18, the company rating was maintained by Oppenheimer. The stock has “Hold” rating by Jefferies on Wednesday, January 10. As per Thursday, April 19, the company rating was maintained by Buckingham Research. The firm has “Hold” rating by Piper Jaffray given on Wednesday, April 18. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. Nomura upgraded American Express Company (NYSE:AXP) on Monday, February 12 to “Buy” rating. The stock has “Hold” rating by Barclays Capital on Thursday, January 11. Guggenheim maintained American Express Company (NYSE:AXP) on Thursday, April 19 with “Hold” rating. Barclays Capital maintained American Express Company (NYSE:AXP) on Thursday, April 19 with “Equal-Weight” rating. The firm has “Buy” rating given on Thursday, April 19 by Bernstein.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to clients and businesses worldwide. The company has market cap of $84.76 billion. It operates through four divisions: U.S. It has a 28.62 P/E ratio. Consumer Services, International Consumer and Network Services, Global Commercial Services, and Global Merchant Services.

More notable recent American Express Company (NYSE:AXP) news were published by: Benzinga.com which released: “Similar To Uber, eBay Network Effects Offer Big Upside” on June 08, 2018, also 247Wallst.com with their article: “American Express Busts Out New Cash Back Card” published on June 14, 2018, Seekingalpha.com published: “China’s Huge Online Retail Market Opens Up To American Express” on May 31, 2018. More interesting news about American Express Company (NYSE:AXP) were released by: Globenewswire.com and their article: “New Research: Key Drivers of Growth for Global Payments, Patterson-UTI Energy, Celanese, Westlake Chemical, Las …” published on June 12, 2018 as well as Fool.com‘s news article titled: “Better Buy: Berkshire Hathaway vs. American Express” with publication date: June 13, 2018.

American Express Company (NYSE:AXP) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.