EPS for American Express Company (AXP) Expected At $1.47

September 17, 2017 - By Winifred Garcia

 EPS for American Express Company (AXP) Expected At $1.47
Investors sentiment decreased to 0.84 in Q4 2016. 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, National Bank Of Nova Scotia has 0.01% invested in American Express Company (NYSE:AXP). Financial Architects invested 0.04% in American Express Company (NYSE:AXP). Cleararc Capital Incorporated holds 0.25% or 18,688 shares. Blackrock Group has 6.44M shares for 0.23% of their portfolio. Rockefeller Fincl Serv Inc owns 48 shares for 0% of their portfolio. Utah-based Jackson Park Capital Ltd Liability Corporation has invested 2.21% in American Express Company (NYSE:AXP). Bankshares Of Montreal Can has 0.08% invested in American Express Company (NYSE:AXP). North Star Inv Management Corporation holds 0.03% or 2,522 shares. New York-based Pinnacle Ltd has invested 0.2% in American Express Company (NYSE:AXP). 32,708 were accumulated by Reliance Of Delaware. Allen Invest Ltd Liability reported 47,789 shares. Dupont Mgmt reported 43,905 shares or 0.07% of all its holdings. Pnc Fin Serv Group Incorporated accumulated 1.62 million shares or 0.14% of the stock. Mcmillion Capital Management holds 0.66% of its portfolio in American Express Company (NYSE:AXP) for 12,545 shares. Exchange Cap Mgmt Inc holds 0.03% or 1,010 shares in its portfolio.

Since April 28, 2017, it had 0 insider purchases, and 2 insider sales for $614,932 activity. $237,720 worth of American Express Company (NYSE:AXP) shares were sold by Buckminster Douglas E.. GORDON MARC D sold $377,212 worth of American Express Company (NYSE:AXP) on Wednesday, May 24.

Investors wait American Express Company (NYSE:AXP) to report on October, 18. its quarterly earnings Wall Street analysts expect $1.47 earnings per share, up $0.23 or 18.55 % from last year’s $1.24 same quarter earnings. This translates into $1.30 billion profit for AXP giving the stock a 14.79 P/E. This is assuming the current $1.47 EPS is accurate. American Express Company’s Wall Street analysts see 0.00 % EPS growth, taking into account the $1.47 EPS reproted in the previous quarter, The stock increased 0.93% or $0.8 on September 15, reaching $86.99. About 7.79M shares traded or 153.75% up from the average. American Express Company (NYSE:AXP) has risen 22.41% since September 17, 2016 and is uptrending. It has outperformed by 5.71% the S&P500.

American Express Company (NYSE:AXP) Ratings Coverage

Among 32 analysts covering American Express Company (NYSE:AXP), 9 have Buy rating, 5 Sell and 18 Hold. Therefore 28% are positive. American Express Company had 70 analyst reports since July 23, 2015 according to SRatingsIntel. BMO Capital Markets maintained American Express Company (NYSE:AXP) rating on Wednesday, August 23. BMO Capital Markets has “Hold” rating and $84.0 target. Wood maintained it with “Market Perform” rating and $74 target in Thursday, April 21 report. RBC Capital Markets maintained the shares of AXP in report on Wednesday, June 14 with “Sell” rating. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, October 13. The rating was maintained by RBC Capital Markets with “Sell” on Thursday, July 20. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, June 13. Topeka Capital Markets initiated American Express Company (NYSE:AXP) rating on Monday, November 9. Topeka Capital Markets has “Hold” rating and $76 target. The rating was initiated by JMP Securities with “Market Perform” on Tuesday, December 22. The rating was downgraded by Argus Research to “Hold” on Monday, January 25. Barclays Capital maintained the shares of AXP in report on Friday, January 22 with “Equal-Weight” rating.

American Express Company, together with its subsidiaries, is a global services company. The company has market cap of $76.90 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 17.81 P/E ratio. The Company’s divisions include the U.S.

More notable recent American Express Company (NYSE:AXP) news were published by: Seekingalpha.com which released: “American Express: Income Is The Main Attractive Factor” on September 08, 2017, also Seekingalpha.com with their article: “American Express: The Tailwinds Will Eventually Prevail Over The Headwinds” published on August 22, 2017, Seekingalpha.com published: “Goodbye American Express, Hello Smuckers” on August 24, 2017. More interesting news about American Express Company (NYSE:AXP) were released by: Bloomberg.com and their article: “American Express Targets Millennials With No-Fee Delta Credit Card” published on September 06, 2017 as well as Marketwatch.com‘s news article titled: “American Express is making a major change — because of millennials” with publication date: August 29, 2017.

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