AXP - American Express Company
| Previous Close | 111.76 |
| Open | 112.25 |
| Bid | 113.67 x 1200 |
| Ask | 113.85 x 800 |
| Day's Range | 111.32 - 114.14 |
| 52 Week Range | 89.05 - 114.55 |
| Volume | 6,183,864 |
| Avg. Volume | 3,368,767 |
| Market Cap | 95.34B |
| Beta (3Y Monthly) | 1.06 |
| PE Ratio (TTM) | 14.37 |
| EPS (TTM) | 7.91 |
| Earnings Date | Apr 16, 2019 - Apr 22, 2019 |
| Forward Dividend & Yield | 1.56 (1.43%) |
| Ex-Dividend Date | 2019-04-04 |
| 1y Target Est | 119.05 |
- Investopedia•12 hours ago
Visa vs. MasterCard: What's the Difference?
Visa and MasterCard are two of the most widely used credit card brands, but are the differences between the two significant enough to influence consumers?
- TheStreet.com•21 hours ago
Stocks End Up on Strong Retail Sales Report and Mostly Positive Earnings
The Dow Jones Industrial Average got a lift from a strong U.S. retail sales report and mostly better-than-expected earnings. nearly 2% after the credit card company posted stronger-than-expected first-quarter earnings, but rising expenses and rewards program costs ate into its bottom line. Stocks ended in positive territory Thursday buoyed by a strong U.S. retail sales report and mostly better-than-expected earnings.
- Investopedia•yesterday
American Express Black vs. Platinum: What's the Difference?
The coveted American Express Centurion or "Amex Black Card" is the choice of the elite, but is it worth it, and how does it compare to the Amex Platinum card?
Motley Fool•2 days agoAmerican Express Co (AXP) Q1 2019 Earnings Call Transcript
AXP earnings call for the period ending March 31, 2019.
- Thomson Reuters StreetEvents•2 days ago
Edited Transcript of AXP earnings conference call or presentation 18-Apr-19 12:30pm GMT
Q1 2019 American Express Co Earnings Call
- Investor's Business Daily•2 days ago
American Express Earnings Beat But Revenue Falls Short; Dow Stock Eyes Buy Point
Credit card giant American Express reported mixed first-quarter results early Thursday, kicking off results for big payments stocks.
- InvestorPlace•2 days ago
Why You Should Buy and Hold American Express Stock
Although this year the stock market sentiment is in a much better state, the banks still have their reputation that they cannot hold their rallies. But therein lies part of the opportunity in American Express (NYSE:AXP) stock today.Source: Marcus Quigmire Via FlickrThis round of bank earnings has so far gone much better than the last one. There is some chatter about a sustainable rally in their stocks. On Tuesday we even saw a flip from red to green in stocks like Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM).This hasn't happened in a while, so perhaps the trend that banks can't hold their greens is dying. If so then this will provide a lift to AXP stock as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, transaction companies like AXP, Visa (NYSE:V), MasterCard (NYSE:MA) and Square (NYSE:SQ) rally in sympathy with money center banks. So if the Financial Select Sector SPDR Fund (NYSEARCA:XLF) rallies then so will the transactors like AXP.In addition, AXP is an excellent financial stock that has proven over the years that they can manage through adversity. Case in point was the debacle over losing the Costco (NASDAQ:COST) account. The stock suffered for a while but has since set new all-time highs.I was lucky to ride the last mega breakout in AXP from the December lows. American Express rallied over 25% so today I am trying to catch the next opportunity. Usually, I consider these technical opportunities tactical trades but this one doubles as a long term conviction investment. This is a stock I want to own for the long term. * 10 Best Stocks to Buy and Hold Forever The reaction this morning is slightly negative from the earnings. Management reported a boring quarter where they barely beat the bottom line and narrowly missed sales. The forward guidance was in line so they gave traders nothing to cheer. So AXP will move in line with the overall equity market for now.So if this rally in stocks continues, then AXP stock has the opportunity to break out from $114.40 to target another $10 run from there. There will be resistance there but if the bulls can close above it then the bears will be tired so the stock will overshoot higher.The macroeconomic condition still favors the bullish thesis. We do have threats from lingering headlines of tariff wars. But as we approach another round of elections means that those deals will happen so we go back to trading the profit and loss statements rather than headlines.Most importantly, the threat from the Federal Reserve inverting the curve has disappeared. They have affirmed that they won't cause the short term rates rise above the long term rates so this relives fears for banks. The steeper the curve the better are their profits.For American Express stock, the short term price action from the earnings headline is meaningless for the long term. All global transactions will be electronic so the demand on their services will continue to increase. There are only but a few companies that serve this market and they are a global household name. So they are well set to continue to prosper for years.Then there is the China market opportunity. The U.S. and China are nearing a deal where companies like AXP could have a new opportunity become available in the largest market on the planet.The short term technical threat for AXP stock is at $108 per share. If the bears push price below it they could target $102 per share. This is not a forecast but it is a scenario that could unfold in the next few weeks. But even then, this won't change the overall opportunity for the long term.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Why You Should Buy and Hold American Express Stock appeared first on InvestorPlace.
Market Realist•2 days agoBerkshire-Backed StoneCo Tumbles after ITUB Ups Ante
Berkshire-Backed StoneCo Tumbles after ITUB Ups AnteStoneCoStoneCo (STNE) was trading down 27.6% as of 1:30 PM ET. The negative price action was driven by an announcement by Itaú Unibanco Holding (ITUB). Reuters reported, “Rede, Itaú’s card
- Investopedia•2 days ago
American Express Subsidiaries: List of Mergers and Acquisitions
Read about the most important subsidiaries of American Express Company, including two banks, an insurance company and a fraud protection company.
- Investor's Business Daily•2 days ago
Dow Jones Today Is Led By Travelers, American Express; Software Stocks Weak Again
The Dow Jones today was in the driver's seat in afternoon trading Thursday, led by Travelers and American Express which reported strong earnings.
Reuters•2 days agoAmEx profit beats as rewards program boosts customer spending
AmEx has been bolstering its rewards programs and relying on partnerships to get customers to spend more. Last year, it renewed partnership with Delta Air Lines Inc that brought in over a million customers over the past two years, the company said. The rewards program helped push quarterly card customer spending up 4 percent from a year ago.
- Zacks•2 days ago
American Express (AXP) Q1 Earnings Beat, Revenues Miss
American Express' (AXP) Q1 results benefit from billings and loan growth, partly offset by increase in expenses.
- Investor's Business Daily•2 days ago
Dow Jones Keeps To Upside As 3 Blue Chips Post Solid Gains
Dow Jones stock Travelers beat the Street's consensus estimates on revenue and earnings. American Express topped estimates on earnings but missed on sales.
- TheStreet.com•2 days ago
American Express Beats Q1 Estimate but Revenue Miss Keeps Shares in Check
American Express posted stronger-than-expected first quarter earnings Thursday, and held onto its full-year outlook, but rising expenses and rewards program costs ate into its bottom line.
- Investopedia•2 days ago
American Express Trading Higher After Solid Quarter
American Express stock is trading at a four-week high after earnings but could relinquish gains in the coming sessions.
- Zacks•2 days ago
Q1 Earnings Continue to Impress, Retail Sales Hit 18-Month High,
Investors will welcome a massive jump in retail sales even as first-quarter results continue to roll in.
- Investor's Business Daily•2 days ago
Stock Market Sharply Mixed, As This Hot IPO Stock Crashes
The stock market was sharply mixed early Thursday. Tech stocks lagged with the Nasdaq falling 0.4%. Hot IPO stock StoneCo crashed 20%.
- MarketWatch•2 days ago
Why Credit Suisse says tech stocks are actually defensive (hint: it’s the cash)
While many eyes will turn to the Pinterest and Zoom initial public offerings, part of a strong run of tech IPOs recently, most of the attention will fall on the Justice Department’s release of the redacted Mueller report into U.S. President Donald Trump and Russia. The debate over whether tech stocks will fall when the economic cycle turns to contraction, and businesses and consumers pull back on spending, has heated up in recent years.
- Reuters•2 days ago
US STOCKS-Wall Street set for higher open after upbeat retail sales data
Wall Street was set to open slightly higher on Thursday, ahead of a long Easter weekend, supported by robust retail sales data, with investors eying the release of a long-awaited Mueller report. U.S. retail sales increased by the most in 1-1/2 years in March, the latest indication that economic growth picked up in the first quarter after a false start. "Retail sales really came back roaring.
- Zacks•2 days ago
American Express (AXP) Beats Q1 Earnings Estimates
American Express (AXP) delivered earnings and revenue surprises of 0.50% and -1.21%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- CNBC•2 days ago
Stocks making the biggest moves premarket: Blackstone, American Express, Honeywell & more
These are the stocks posting the largest moves before the bell.
- Associated Press•2 days ago
American Express: 1Q Earnings Snapshot
The New York-based company said it had net income of $1.80 per share. Earnings, adjusted for non-recurring costs, came to $2.01 per share. The results surpassed Wall Street expectations. The average estimate ...
- MarketWatch•2 days ago
American Express's stock falls after profit beats but revenue comes up shy
Shares of American Express Co. dropped 1.1% in premarket trade Thursday, after the global payments and credit card company reported a first-quarter adjusted profit that topped expectations, but revenue that came up shy. Net income fell to $1.55 billion, or $1.80 a share, from $1.63 billion, or $1.86 a share, in the same period a year ago. Excluding non-recurring items, such as legal reserves related to merchant litigation, adjusted EPS rose to $2.01 from $1.86, above the FactSet consensus of $1.99. Total revenue grew 7% to $10.36 billion, below the FactSet consensus of $10.46 billion. Global consumer services revenue rose 9% to $5.6 billion, reflecting higher loan volumes and card member spending, and commercial services revenue increased 6% to $3.2 billion as a result of higher card member spending. Merchant and network services revenue was flat at $1.6 billion. The company affirmed its 2019 guidance provided last month of EPS of $7.85 to $8.35 and revenue growth of 8% to 10%. The stock has rallied 17.3% year to date through Wednesday, while the Dow Jones Industrial Average has gained 13.4%.
