|Day's Range||61.70 - 62.86|
|52 Week Range||53.91 - 74.33|
|PE Ratio (TTM)||10.68|
|Dividend & Yield||1.20 (1.92%)|
|1y Target Est||N/A|
In order to find value, it’s time to get back to the basics of reading footnotes and focusing on economic earnings and return on invested capital (ROIC), the true drivers of valuation.
When American Express (AXP) won the battle to be the only provider of Hilton Worldwide Holding's (HLT) reward cards, some analysts mused that it was more important symbolically than financially. Unfortunately, the financials matter more than the symbols...and the win could be a sign that American Express could continue to feel pressure on its sales growth. Credit Suisse analysts Moshe Orenbuch and Serena Hong explain how the "rewards war" in co-branded cards could hit American Express' revenue: We believe American Express won exclusive rights to issue Hilton cards only after intense bidding against Citi.
Visa is expected to report $0.81/share on $4.36 billion in revenue. Meanwhile, the so-called Whisper number is $0.84.