American Express Company (AXP) Analysts See $1.54 EPS

Marco Green
December 30, 2017

Analysts await American Express Company (NYSE:AXP) to report earnings on January, 18 after the close. It has outperformed by 5.71% the S&P500. T-Mobile US had 71 analyst reports since August 3, 2015 according to SRatingsIntel. The company's stock had a trading volume of 2,056,268 shares, compared to its average volume of 3,570,737. The Shelton Capital Management holds 43,156 shares with $3.14 million value, down from 51,856 last quarter. T Mobile Us Inc now has $53.12 billion valuation. The stock decreased 0.49% or $0.32 during the last trading session, reaching $64.82. Stifel Fincl reported 777,635 shares. More interesting news about American Express Company (NYSE:AXP) were released by: Fool.com and their article: "Here's How American Express Company Crushed It in 2017" published on December 23, 2017 as well as Fool.com's news article titled: "The case for American Express (AXP)" with publication date: December 20, 2017. It has outperformed by 45.93% the S&P500. The insider Zukauckas Linda sold $304,962.

In other news, CEO Kenneth I. Chenault sold 96,440 shares of American Express stock in a transaction that occurred on Thursday, December 14th. Baillie Gifford & Company bought 7,796 shares as the company's stock declined 3.65% while stock markets rallied. On Tuesday, December 12 the insider Gupta Ashwini sold $5.63M. Linscomb & Williams Incorporated reported 0.03% in American Express Company (NYSE:AXP). Roundview Capital Ltd holds 0.52% or 21,031 shares. AXP's profit will be $1.34B for 16.20 P/E if the $1.54 EPS becomes a reality. Grantham Mayo Van Otterloo And Company reported 2.09% in American Express Company (NYSE:AXP). Finally, Royal Bank of Canada boosted their target price on shares of American Express to $68.00 and gave the stock an underperform rating in a report on Thursday, October 19th. Therefore 60% are positive. During the same quarter last year, the firm posted $1.24 EPS. equities analysts predict that American Express Company will post 5.86 EPS for the current year. The stock now has an average rating of "Hold" and an average price target of $94.04. The company was upgraded on Tuesday, January 10 by Oppenheimer. Goodbody maintained the shares of PTEC in report on Monday, November 14 with "Buy" rating. On Wednesday, February 17 the stock rating was maintained by Liberum Capital with "Buy". On Tuesday, December 5 the stock rating was downgraded by Credit Suisse to "Sell". Its up 0.01, from 0.82 in 2017Q2. A 12 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of AXP or, if they already own its stock, sell it. 100 funds opened positions while 297 raised stakes.

American Express Company (AXP) exchanged hands at an unexpectedly low level of 1.92 million shares over the course of the day. Nuveen Asset Limited Liability Co invested 0.14% in American Express Company (NYSE:AXP).

American Express Company (NYSE:AXP) has seen its stock price gain 25.05, or +33.81%, so far in 2017. Arizona State Retirement holds 230,293 shares. Westside Investment Management Inc. increased its holdings in shares of American Express by 36.7% during the 1st quarter. Finally, Credit Suisse Group AG reissued a "hold" rating and issued a $75.00 target price (down from $94.00) on shares of American Express Company in a research report on Friday, March 10th. Rocky Mountain Advisers Ltd accumulated 200 shares or 0.08% of the stock.

More notable recent American Express Company (NYSE:AXP) news were published by: 247Wallst.com which released: "UnitedHealth, American Express Prop Up DJIA on Thursday" on December 28, 2017, also Forbes.com with their article: "American Express's Customer Service Approach: What Customers Care About Today" published on December 15, 2017, Seekingalpha.com published: "American Express As A Dividend Income Investment" on December 11, 2017. American Express Company (NYSE:AXP) has risen 22.41% since December 29, 2016 and is uptrending. Wagner Bowman Corp reported 7,659 shares.

Banc Funds Co Llc holds 0.64% of its portfolio in CNB Financial Corporation for 526,087 shares. Following the completion of the transaction, the insider now directly owns 152,507 shares in the company, valued at approximately $15,078,367.09. After $1.50 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts 2.67% EPS growth. Legg Mason Inc (NYSE:LM) was raised too.

Since January 1, 0001, it had 1 insider purchase, and 1 sale for $52,209 activity. The shares were sold at an average price of $78.01, for a total transaction of $6,007,238.06. The shares were sold at an average price of $93.41, for a total value of $2,873,385.01.

Balyasny Asset Management Llc, which manages about $14.49 billion and $25.52 billion US Long portfolio, decreased its stake in Shake Shack Inc by 294,336 shares to 244,845 shares, valued at $8.14 million in 2017Q3, according to the filing. It also upped Amgen Inc (NASDAQ:AMGN) stake by 2,809 shares and now owns 72,293 shares. Tiemann Investment Advisors Ltd Liability has invested 0.6% in General Dynamics Corporation (NYSE:GD).

Among 37 analysts covering Citigroup Inc. Therefore 81% are positive. Playtech Ltd had 141 analyst reports since July 24, 2015 according to SRatingsIntel. Keefe Bruyette & Woods has "Buy" rating and $9100 target. The rating was maintained by Keefe Bruyette & Woods on Friday, September 22 with "Buy". The firm has "Buy" rating by Citigroup given on Monday, June 13. The stock has "Buy" rating by Bank of America on Monday, December 18. The company was downgraded on Thursday, August 6 by Vetr. The stock has "Hold" rating by BMO Capital Markets on Thursday, June 1.

Analysts await Citigroup Inc. They expect $1.54 earnings per share, up 69.23% or $0.63 from last year's $0.91 per share. CP's profit will be $379.89M for 17.69 P/E if the $2.59 EPS becomes a reality.

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