American Express Co (AXP)

AXP (NYSE:Financial Services) EQUITY
$60.93
pos +1.30
+2.20%
Today's Range: 58.82 - 60.76 | AXP Avg Daily Volume: 4,931,100
Last Update: 07/01/16 - 9:30 AM EDT
Volume: 8,535,412
YTD Performance: -12.64%
Open: $59.87
Previous Close: $59.63
52 Week Range: $50.27 - $81.66
Oustanding Shares: 951,033,100
Market Cap: 56,710,103,753
6-Month Chart
TheStreet Ratings Grade for AXP
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 4 3 3 3
Moderate Buy 0 0 0 0
Hold 13 13 13 13
Moderate Sell 1 1 1 1
Strong Sell 5 5 5 4
Mean Rec. 3.13 3.23 3.23 3.14
Latest Dividend: 0.29
Latest Dividend Yield: 1.95%
Dividend Ex-Date: 06/29/16
Price Earnings Ratio: 11.88
Price Earnings Comparisons:
AXP Sector Avg. S&P 500
11.88 11.90 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.78% -21.82% -18.73%
GROWTH 12 Mo 3 Yr CAGR
Revenue -4.30 0.00 0.01
Net Income -12.30 0.10 0.05
EPS -9.10 0.30 0.09
Earnings for AXP:
EBITDA 16.35B
Revenue 34.44B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $1.84 $1.06 $5.54 $5.50
Number of Analysts 11 10 8 12
High Estimate $2.17 $1.17 $5.65 $5.70
Low Estimate $1.10 $0.96 $5.44 $5.00
Prior Year $1.42 $1.24 $5.38 $5.54
Growth Rate (Year over Year) 29.51% -14.92% 2.93% -0.72%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Strong capital ratios, solid loan portfolios and attractive valuations argue for higher prices for financials.
Lions Gate Entertainment makes acquisition move while bank shares react to the Federal Reverse's stress test results.
The catalyst of Canada repatriating $1.5 billion over the past two years will pale in comparison to the boost from its switch to Visa. 
But the situation in Europe is nowhere near running its course.
The warehouse club is not the only winner in this change and my guru strategies support this view.
Bad times for good stocks can be a time to buy.
To believe that oil can go back up, Pioneer's stock must hold around these levels.
Changeover from American Express takes effect Monday.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened today against the euro. Crude oil was down 50 cents to $48.40. Gold was up a beaner to $1,288. Agricultural commodities were mixed: wheat -4.50, corn +6.50, soybean flat, and oats +1. Lumber -5.25. Bonds were flat after a sharp rise in the early going. The 10-year yield and long-bond yield are unchanged. The 2s/10s spread is flat at about 92 basis points. Municipals were higher in price and closed-end muni funds continued to glow. High yield (I am watching closely, see above) was down. Blackstone/GSO Strategic Credit Fund (BGB) might be breaking down; it was down 12 cents on the day to $14.55. If I held, I would sell. Banks are worrisome as I wrote, with losses of 2% to 3% for the money centers. I remain short Financial Select Sector SPDR ETF (XLF), which is working; it was down 34 cents, or nearly 1.5% lower. There were so many bank bulls on the recent rise; they have now disappeared and have been silenced. Again, stay independent in thought and mostly throw out the price followers who are trying to sell you something! Insurance was broadly lower. Life stocks Lincoln National (LNC) and MetLife (MET) schmeissed,  but my long Hartford Financial Services Group (HIG) is still outperforming the market and its peer group. I am watching this one closely. Brokerages were awful and rolling over. Retail was weak. My short Nordstrom (JWN) was down by $1; it's my only position in the space. Home Depot (HD) was off $2.50 and conspicuously on the downside. Autos are unsound and running out of gas as previously mentioned. Energy shares were lower, but not materially. iShares Nasdaq Biotechnology ETF (IBB) was down nearly $2. There was no large individual security drops, but a broad-based decline. I have been out of the sector for almost two weeks now. Media was better, led by my short Disney (DIS), up 80-plus cents. Comcast (CMCSA) was up a quarter. Staples were stronger, hurting my Consumer Staples Select Sector SPDR ETF (XLP) short, though it is small in size. Ag equipment was down fractionally. (T)FANG was mixed. Tesla (TSLA) saw profit taking. Netflix (NFLX) reversed from a good gain to a small profit. In individual stocks, my long fav DuPont (DD) suffering from profit taking; I am eyeing the low $60s to replace what I recently sold off. I'm still medium in size, though. Oaktree Capital Group (OAK) continued to slide a bit today, but iShares China Large-Cap (FXI) was up a few pennies. I would short any strength. Sector exposure: XLP up, Materials Select Sector SPDR ETF (XLB) down (more!). Here are some value-added columns on our site today: Jim "El Capitan" Cramer on inspiration from Jay Leno.  Tim Melvin on funds with attractive yields.   Bobby Lang on volatility. (I will have more on the subject tomorrow.)  Jim Collins, Tim's illegitimate son, on the whacky bond market.  Roger Arnold on "The Paradox of Thrift" -- a frequent topic of mine.
Banks, retailers, airlines are all having problems.

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