American Express Company (AXP) EPS Estimated At $1.45

June 19, 2017 - By Marry Poplack

 American Express Company (AXP) EPS Estimated At $1.45
Investors sentiment decreased to 0.84 in 2016 Q4. Its down 0.02, from 0.86 in 2016Q3. It fall, as 73 investors sold American Express Company shares while 448 reduced holdings. 116 funds opened positions while 321 raised stakes. 729.39 million shares or 0.53% more from 725.57 million shares in 2016Q3 were reported.
Moreover, Concert Wealth Mgmt has 0.19% invested in American Express Company (NYSE:AXP) for 11,232 shares. America First Investment Advisors Ltd Limited Liability Company has invested 0% in American Express Company (NYSE:AXP). Leisure Cap Mgmt has invested 1.5% in American Express Company (NYSE:AXP). Vantage Investment Advsr Limited Liability Com stated it has 5,478 shares or 0.16% of all its holdings. Gulf Natl Bank (Uk) Ltd has 0.27% invested in American Express Company (NYSE:AXP). Amalgamated Bancorp reported 0.18% stake. Massmutual Trust Comm Fsb Adv has invested 0% in American Express Company (NYSE:AXP). The Ontario – Canada-based Guardian Cap Advisors Limited Partnership has invested 0.19% in American Express Company (NYSE:AXP). Agf Invests Incorporated stated it has 300 shares or 0% of all its holdings. Taurus Asset accumulated 51,926 shares. United Kingdom-based Baillie Gifford And has invested 0.11% in American Express Company (NYSE:AXP). Palisades Hudson Asset Mngmt Ltd Partnership, Florida-based fund reported 3,855 shares. West Family Incorporated reported 0.39% in American Express Company (NYSE:AXP). Tiaa Cref Tru Commerce Fsb Mo reported 39,527 shares. State Treasurer State Of Michigan reported 1.02 million shares stake.

Since January 10, 2017, it had 1 buying transaction, and 5 selling transactions for $13.11 million activity. Buckminster Douglas E. also sold $237,720 worth of American Express Company (NYSE:AXP) shares. Cox L Kevin had sold 77,006 shares worth $6.01M. GORDON MARC D also sold $377,212 worth of American Express Company (NYSE:AXP) shares. Brennan John Joseph had bought 4,000 shares worth $318,940.

Analysts await American Express Company (NYSE:AXP) to report earnings on July, 19. They expect $1.45 earnings per share, down 30.95 % or $0.65 from last year’s $2.1 per share. AXP’s profit will be $1.31B for 14.04 P/E if the $1.45 EPS becomes a reality. After $1.34 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts 8.21 % EPS growth. About 839,368 shares traded. American Express Company (NYSE:AXP) has risen 22.41% since June 19, 2016 and is uptrending. It has outperformed by 5.71% the S&P500.

American Express Company (NYSE:AXP) Ratings Coverage

Among 30 analysts covering American Express Company (NYSE:AXP), 10 have Buy rating, 5 Sell and 15 Hold. Therefore 33% are positive. American Express Company had 56 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, January 25, the company rating was downgraded by Morgan Stanley. As per Friday, September 9, the company rating was initiated by Atlantic Securities. The stock has “Underperform” rating by Oppenheimer on Friday, January 22. The stock of American Express Company (NYSE:AXP) has “Neutral” rating given on Wednesday, November 25 by Piper Jaffray. The stock of American Express Company (NYSE:AXP) has “Market Perform” rating given on Tuesday, December 22 by JMP Securities. As per Friday, January 22, the company rating was maintained by UBS. On Friday, January 22 the stock rating was maintained by RBC Capital Markets with “Underperform”. The rating was maintained by S&P Research on Monday, September 14 with “Hold”. On Monday, November 9 the stock rating was initiated by Topeka Capital Markets with “Hold”. The stock of American Express Company (NYSE:AXP) earned “Reduce” rating by Nomura on Thursday, October 6.

American Express Company, together with its subsidiaries, is a global services company. The company has market cap of $73.48 billion. The Company’s principal services and products are charge and credit card products, and travel-related services, which are offered to clients and businesses around the world. It has a 14.76 P/E ratio. The Company’s divisions include the U.S.

More notable recent American Express Company (NYSE:AXP) news were published by: Fool.com which released: “3 Reasons American Express Company Stock Could Fall” on June 14, 2017, also Zacks.com with their article: “American Express (AXP) Gains Exclusive Card Deal for Hilton” published on June 02, 2017, Seekingalpha.com published: “Keep An Eye On American Express” on June 11, 2017. More interesting news about American Express Company (NYSE:AXP) were released by: Nasdaq.com and their article: “Why Is American Express (AXP) Down 4.6% Since the Last Earnings Report?” published on May 22, 2017 as well as Fool.com‘s news article titled: “3 Reasons American Express Company Stock Could Rise” with publication date: June 08, 2017.

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