On July, 18 Analysts See $1.81 EPS for American Express Company (AXP)

June 27, 2018 - By Sarah Holford

American Express Company (NYSE:AXP) Corporate Logo
Big Money Sentiment decreased to 0.81 in Q1 2018. It has change of 0.08, from 2017Q4’s 0.89. The ratio fall due to American Express Company positioning: 52 sold and 462 reduced. 99 funds bought holdings and 318 increased holdings. Investors holded 701.90 million in 2017Q4 but now own 695.82 million shares or 0.87% less.
Papp L Roy And Assoc accumulated 7,064 shs. Victory Capital Mngmt holds 0% of its capital in American Express Company (NYSE:AXP) for 11,243 shs. Baxter Bros reported 0.15% of its capital in American Express Company (NYSE:AXP). Westwood Holdings Grp invested 0.01% in American Express Company (NYSE:AXP). Ashfield Ltd Liability invested in 0.17% or 14,234 shs. Crestwood Advisors Gru Limited Co invested in 2,881 shs or 0.02% of the stock. Wilbanks Smith & Thomas Asset Limited Liability invested in 22,286 shs or 0.17% of the stock. The Japan-based Sumitomo Mitsui Asset Mngmt Co Ltd has invested 0.13% in American Express Company (NYSE:AXP). New York-based Hudson Bay Mngmt Ltd Partnership has invested 0.01% in American Express Company (NYSE:AXP). Tdam Usa Incorporated holds 27,447 shs or 0.16% of its capital. Rafferty Asset Limited Liability reported 0.25% stake. Adirondack Communications owns 0.21% invested in American Express Company (NYSE:AXP) for 2,991 shs. Choate has invested 0% in American Express Company (NYSE:AXP). Charter Tru invested in 19,964 shs. Ohio-based Park Natl Oh has invested 1.04% in American Express Company (NYSE:AXP).

American Express Company registered $12.05 million net activity with 0 insider purchases and 8 sales since January 2, 2018. CAMPBELL JEFFREY C sold $882,406 worth of American Express Company (NYSE:AXP) on Tuesday, May 1. On Tuesday, May 1 Squeri Stephen J had sold 12,500 shs worth $1.23M. Buckminster Douglas E. also sold $376,710 worth of American Express Company (NYSE:AXP) shs. On Tuesday, May 22 Petrino Richard also sold $1.02M worth of American Express Company (NYSE:AXP). On Thursday, April 19 $5.07M worth of stock was sold by Cox L Kevin.

Investors wait American Express Company (NYSE:AXP)’s quarterly earnings on July, 18., according to Zacks. earnings per share of $1.81 is 23.13 % up from 2017’s $1.47 EPS. In case of $1.81 earnings per share AXP’s profit could be $1.56 billion. Analysts at Wall Street see American Express Company’s -2.69 % negative EPS growth compared to $1.86 earnings per share for previous quarter. The stock increased 0.87% or $0.85 during the last trading session, touching $99.06.Currently American Express Company is uptrending after 30.55% change in last June 27, 2017. AXP has 763,464 shares volume. AXP outperformed the S&P 500 by 17.98%.

American Express Company (NYSE:AXP) Ratings Coverage

In total 22 analysts cover American Express (NYSE:AXP). “Buy” rating has 10, “Sell” are 2, while 10 are “Hold”. 45% are bullish. 36 are the (NYSE:AXP)’s analyst reports since December 28, 2017 according to StockzIntelligence Inc. In Thursday, December 28 report Susquehanna maintained it with “Buy” rating and $130.0 target. On Thursday, January 11 the stock has “Hold” rating by Barclays Capital. On Tuesday, January 2 the company was maintained by Stephens. In Thursday, April 19 report Buckingham Research maintained the stock with “Neutral” rating. On Thursday, April 19 the rating was maintained by Susquehanna with “Buy”. In Thursday, January 18 report Piper Jaffray maintained the stock with “Hold” rating. On Monday, January 8 the company was maintained by RBC Capital Markets. In Tuesday, March 27 report UBS initiated it with “Buy” rating and $11100 target. On Thursday, January 18 the firm earned “Buy” rating by Keefe Bruyette & Woods. On Tuesday, February 20 the stock has “Buy” rating by Oppenheimer.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to clients and businesses worldwide.The firm is valued at $85.23 billion. It operates through four divisions: U.S.The P/E ratio is 28.78. Consumer Services, International Consumer and Network Services, Global Commercial Services, and Global Merchant Services.

For more American Express Company (NYSE:AXP) news brought out briefly go to: Bizjournals.com, Fool.com, Fool.com, Seekingalpha.com or Finance.Yahoo.com. The titles are as follows: “How the revamped Wells Fargo, American Express rewards card stacks up against the competition” brought out on June 26, 2018, “Why American Express Is Pulling the Plug on This Rewards Program” on June 25, 2018, “3 Stocks to Buy and Hold for Decades” with a publish date: June 25, 2018, “Wall Street Breakfast: The New Face Of General Electric” and the last “3 Big Stock Charts for Tuesday: Bank of America, American Express and Marsh & McLennan” with publication date: June 26, 2018.

American Express Company (NYSE:AXP) Institutional Investors 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.