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

June 14, 2018 - By Marguerite Chambers

American Express Company (NYSE:AXP) LogoInvestors sentiment decreased to 0.81 in 2018 Q1. Its down 0.08, from 0.89 in 2017Q4. It turned 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.
Ellington Group Inc Llc invested 0.11% of its portfolio in American Express Company (NYSE:AXP). Ballentine Ptnrs Limited Liability accumulated 0.03% or 5,421 shares. At Bancshares invested in 2,427 shares or 0.02% of the stock. Welch & Forbes Ltd Llc holds 0.17% or 69,279 shares in its portfolio. Moreover, Sandy Spring Bancorporation has 0.26% invested in American Express Company (NYSE:AXP) for 31,737 shares. Qci Asset Mngmt Inc, a New York-based fund reported 61 shares. Tudor Et Al reported 25,816 shares. Loomis Sayles L P holds 0.87% or 4.39 million shares. Whitnell & holds 0.08% in American Express Company (NYSE:AXP) or 1,978 shares. Moreover, Fruth Inv Management has 0.52% invested in American Express Company (NYSE:AXP) for 12,660 shares. Cadence Natl Bank Na has 0.08% invested in American Express Company (NYSE:AXP). Waters Parkerson & Lc invested in 2,554 shares. Btim Corp owns 537,988 shares for 0.76% of their portfolio. Colony Gp Limited holds 0.8% of its portfolio in American Express Company (NYSE:AXP) for 157,856 shares. Endurance Wealth Mngmt reported 850 shares stake.

Since January 2, 2018, it had 0 insider buys, and 8 sales for $12.05 million activity. 9,000 shares were sold by CAMPBELL JEFFREY C, worth $882,406 on Tuesday, May 1. Another trade for 12,500 shares valued at $1.23 million was sold by Squeri Stephen J. 13,356 shares valued at $1.32 million were sold by Bush James Peter on Thursday, February 1. On Thursday, April 19 Cox L Kevin sold $5.07 million worth of American Express Company (NYSE:AXP) or 50,412 shares. Petrino Richard sold $1.02M worth of American Express Company (NYSE:AXP) on Tuesday, May 22.

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 3.29 million 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. Jefferies maintained American Express Company (NYSE:AXP) rating on Wednesday, January 10. Jefferies has “Hold” rating and $105.0 target. The stock has “Buy” rating by Sandler O’Neill on Tuesday, January 16. The firm earned “Equal-Weight” rating on Friday, February 2 by Morgan Stanley. The firm has “Buy” rating given on Thursday, December 28 by Susquehanna. Piper Jaffray maintained it with “Hold” rating and $11600 target in Wednesday, April 18 report. Barclays Capital maintained American Express Company (NYSE:AXP) rating on Thursday, April 19. Barclays Capital has “Equal-Weight” rating and $113 target. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by Oppenheimer on Thursday, April 12. The stock of American Express Company (NYSE:AXP) has “Buy” rating given on Friday, January 19 by Wells Fargo. Buckingham Research maintained American Express Company (NYSE:AXP) on Thursday, April 19 with “Neutral” rating. Keefe Bruyette & Woods maintained the shares of AXP in report on Thursday, January 18 with “Buy” rating.

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: 247Wallst.com which released: “American Express Busts Out New Cash Back Card” on June 14, 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: Benzinga.com and their article: “Similar To Uber, eBay Network Effects Offer Big Upside” with publication date: June 08, 2018.

American Express Company (NYSE:AXP) Institutional Positions Chart

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