EPS for American Express Company (AXP) Expected At $1.81

June 14, 2018 - By Christine McCrea

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.
Horizon Kinetics Llc invested 0.03% of its portfolio in American Express Company (NYSE:AXP). Douglass Winthrop Advsrs Limited Liability Corporation holds 1.18% of its portfolio in American Express Company (NYSE:AXP) for 259,088 shares. Kemper Corporation Master Retirement stated it has 1.84% of its portfolio in American Express Company (NYSE:AXP). 1832 Asset Lp accumulated 307 shares or 0% of the stock. Private Trust Na stated it has 6,876 shares or 0.14% of all its holdings. Mutual Of America Capital Limited Liability Company invested 0.13% of its portfolio in American Express Company (NYSE:AXP). Exxonmobil Investment Mngmt Inc Tx reported 110,291 shares. Kbc Grp Inc Nv invested 0.22% in American Express Company (NYSE:AXP). Dorsey And Whitney Tru Lc holds 1.15% or 67,017 shares in its portfolio. Moreover, Lakeview Ptnrs Ltd Com has 1.54% invested in American Express Company (NYSE:AXP) for 21,636 shares. Sprucegrove Investment Management Ltd accumulated 193,500 shares. Retirement Of Alabama reported 779,565 shares. Pacifica Cap Investments Llc stated it has 18,438 shares or 0.92% of all its holdings. Marshall Wace Ltd Liability Partnership has invested 0.28% in American Express Company (NYSE:AXP). Aqr Cap Management holds 0.05% of its portfolio in American Express Company (NYSE:AXP) for 526,940 shares.

Since January 2, 2018, it had 0 insider purchases, and 8 insider sales for $12.05 million activity. Shares for $5.07 million were sold by Cox L Kevin on Thursday, April 19. $1.02M worth of American Express Company (NYSE:AXP) shares were sold by Petrino Richard. $1.32 million worth of stock was sold by Bush James Peter on Thursday, February 1. Squeri Stephen J sold $1.23 million worth of American Express Company (NYSE:AXP) on Tuesday, May 1. Buckminster Douglas E. had sold 3,804 shares worth $376,710.

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 13.78 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 0.26% or $0.26 during the last trading session, reaching $99.76. About 3.29M shares traded. American Express Company (NYSE:AXP) has risen 30.55% since June 15, 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. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by UBS on Tuesday, March 27. The rating was downgraded by JP Morgan on Friday, January 12 to “Neutral”. The company was maintained on Thursday, March 15 by Sandler O’Neill. Jefferies maintained the shares of AXP in report on Wednesday, January 10 with “Hold” rating. Nomura upgraded the stock to “Buy” rating in Monday, February 12 report. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by Wells Fargo on Friday, January 19. As per Tuesday, January 2, the company rating was maintained by Stephens. RBC Capital Markets maintained the stock with “Sell” rating in Monday, January 8 report. The company was maintained on Thursday, April 19 by Susquehanna. The firm has “Hold” rating by Piper Jaffray given on Thursday, January 18.

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 $85.83 billion. It operates through four divisions: U.S. It has a 33.59 P/E ratio. Consumer Services, International Consumer and Network Services, Global Commercial Services, and Global Merchant Services.

More important 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 Globenewswire.com published article titled: “New Research: Key Drivers of Growth for Global Payments, Patterson-UTI Energy, Celanese, Westlake Chemical, Las …”, Fool.com published: “Better Buy: Berkshire Hathaway vs. American Express” on June 13, 2018. More interesting news about American Express Company (NYSE:AXP) was released by: 247Wallst.com and their article: “American Express Busts Out New Cash Back Card” with publication date: June 14, 2018.

American Express Company (NYSE:AXP) Institutional Positions Chart

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