American Express Company (AXP) Analysts See $1.47 EPS

September 17, 2017 - By Vivian Currie

 American Express Company (AXP) Analysts See $1.47 EPS
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.
Central Corp owns 150,000 shares for 2.22% of their portfolio. Delta Lloyd Nv, a Netherlands-based fund reported 106,928 shares. Becker Capital Mgmt holds 498,935 shares. First City Capital Management Incorporated owns 4,951 shares or 0.28% of their US portfolio. Hm Payson & holds 0.46% or 129,467 shares in its portfolio. Wesbanco Bankshares Incorporated holds 4,768 shares. The Georgia-based Lakeview Capital Prtn Ltd Liability has invested 1.63% in American Express Company (NYSE:AXP). Moreover, Shelter Insurance Retirement Plan has 1.95% invested in American Express Company (NYSE:AXP). Alpine Prtnrs Vi Llc invested 0.64% in American Express Company (NYSE:AXP). Bartlett & Commerce Ltd Liability Company invested in 0.26% or 75,263 shares. Marco Management stated it has 72,909 shares. Beck Mack Oliver Ltd Limited Liability Company owns 388,970 shares. Commonwealth Equity invested in 0.09% or 158,042 shares. Manchester Mngmt Ltd Company accumulated 0.04% or 3,914 shares. Nelson Roberts Advsrs Ltd Liability has 3,390 shares.

Since April 28, 2017, it had 0 insider buys, and 2 sales for $614,932 activity. Buckminster Douglas E. had sold 3,000 shares worth $237,720 on Friday, April 28.

Investors wait American Express Company (NYSE:AXP) to report on October, 18. its quarterly earnings Wall Street analysts expect $1.47 EPS, 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. As per Thursday, September 17, the company rating was maintained by Janney Capital. The stock of American Express Company (NYSE:AXP) has “Underperform” rating given on Thursday, October 22 by Credit Suisse. On Thursday, October 6 the stock rating was downgraded by Nomura to “Reduce”. Barclays Capital maintained the shares of AXP in report on Tuesday, October 13 with “Equal-Weight” rating. Keefe Bruyette & Woods maintained American Express Company (NYSE:AXP) on Tuesday, June 13 with “Buy” rating. The firm has “Buy” rating given on Thursday, July 20 by Oppenheimer. The rating was maintained by Argus Research on Thursday, October 22 with “Buy”. The stock of American Express Company (NYSE:AXP) earned “Sell” rating by UBS on Monday, October 26. As per Wednesday, January 13, the company rating was initiated by DA Davidson. Guggenheim upgraded it to “” rating and $90 target in Wednesday, April 26 report.

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 Fool.com with their article: “Is the American Express Company’s Dividend Safe?” published on August 27, 2017, Reuters.com published: “American Express targets debt-leery consumers with new card features” on August 29, 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 Seekingalpha.com‘s news article titled: “Goodbye American Express, Hello Synchrony Financial” with publication date: August 19, 2017.

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