American Express will report Q1 results

Paterniano Del Favero
Aprile 20, 2017

Price targets reflect what the analyst believes a stock will be worth four quarters into the future.

AXP has been the subject of a number of recent research reports.

Stock market analysts watching American Express Company (NYSE:AXP) have recently changed their ratings on the stock. JPMorgan Chase & Co. upgraded shares of American Express Company from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $76.00 to $90.00 in a report on Tuesday, January 17th.

01/30/2017 - American Express Company was upgraded to "outperform" by analysts at Keefe, Bruyette & Woods. American Express Travel Related Services Company, Inc. provides a variety of products and services, including, global network services, the American Express Card, the Optima Card and other consumer and corporate lending products, stored value products, and several others. At recent closing price of $47.05, BK has a chance to add $4.78 or 10.16% in 52 weeks, based on mean target price ($51.83) placed by analysts.The analyst consensus opinion of 2.6 looks like a hold. In this case, shares are down -16.46% from $73.33, the 52-week high touched on December 12, 2016, and are keeping their losses at 25.57% for the past 12 months.

Over the past five trading sessions shares of Apollo Global Management, LLC (NYSE:APO) are 0.87%; 8.06% for the month; 21.93% for the last quarter; 42.4% for the past six-months; and 62.58% for the last 12 months. The stock has a market capitalization of $40.26 billion, a P/E ratio of 12.33 and a beta of 0.92. Express Scripts Holding Company had a net margin of 2.70% and a return on equity of 24.99%.

The company's expected revenue in the current quarter to be 7.73 Billion, seeing a projected current quarter growth of -11.7%, and per annum growth estimates over the next 5 year period of around 6.54%.

AmEx reported a profit of $1.2 billion, or $1.34 a share, down from $1.4 billion, or $1.45 a share, a year earlier.

General Motors Company (NYSE:GM) have shown a high EPS growth of 5.60% in the last 5 years and has earnings growth of -69.80% yoy.

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The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 10th. Montgomery Investment Mgmt Inc accumulated 7,292 shares or 0.23% of the stock. The ex-dividend date of this dividend is Wednesday, April 5th.

01/20/2017 - American Express Company had its "underperform" rating reiterated by analysts at Credit Suisse.

In other news, SVP Everett Neville sold 2,352 shares of Express Scripts Holding Company stock in a transaction on Wednesday, March 1st. The shares were sold at an average price of $78.01, for a total transaction of $6,007,238.06.

The number of shares traded in the last trading session was 4.15 Million. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John Joseph Brennan purchased 4,000 shares of the company's stock in a transaction on Wednesday, February 22nd. The shares were purchased at an average cost of $79.74 per share, with a total value of $318,960.00. Moreover, Anson Funds Management Lp has 0.09% invested in the company for 54,611 shares. Thus the company showed an Earnings Surprise of 0.5 Percent. State Street Corp increased its stake in shares of American Express Company by 10.9% in the fourth quarter. Atria Investments LLC now owns 9,816 shares of the payment services company's stock valued at $629,000 after buying an additional 2,874 shares during the period. Oakworth Capital Inc. raised its position in shares of Express Scripts Holding Company by 0.6% in the third quarter. Motco now owns 1,815 shares of the payment services company's stock worth $116,000 after buying an additional 436 shares during the last quarter.

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