American Express Co (AXP)

AXP (NYSE:Financial Services) EQUITY
$76.98
pos +0.18
+0.23%
Today's Range: 76.50 - 77.12 | AXP Avg Daily Volume: 3,900,100
Last Update: 05/22/17 - 4:02 PM EDT
Volume: 2,765,367
YTD Performance: 3.91%
Open: $76.95
Previous Close: $76.80
52 Week Range: $57.15 - $82.00
Oustanding Shares: 893,779,186
Market Cap: 68,642,241,485
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 6 6 6 6
Moderate Buy 0 0 0 0
Hold 9 8 8 10
Moderate Sell 0 0 0 0
Strong Sell 3 4 4 4
Mean Rec. 2.67 2.78 2.78 2.80
Latest Dividend: 0.32
Latest Dividend Yield: 1.67%
Dividend Ex-Date: 07/05/17
Price Earnings Ratio: 13.81
Price Earnings Comparisons:
AXP Sector Avg. S&P 500
13.81 13.90 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-3.61% 20.43% -12.67%
GROWTH 12 Mo 3 Yr CAGR
Revenue -1.80 0.00 -0.01
Net Income 4.70 0.00 0.00
EPS 11.90 0.10 0.05
Earnings for AXP:
EBITDA 10.24B
Revenue 33.82B
Average Earnings Estimates
Qtr (06/17) Qtr (09/17) FY (12/17) FY (12/18)
Average Estimate $1.44 $1.49 $5.71 $6.33
Number of Analysts 10 9 11 11
High Estimate $1.54 $1.64 $5.80 $6.61
Low Estimate $1.39 $1.43 $5.60 $5.90
Prior Year $2.10 $1.24 $5.93 $5.71
Growth Rate (Year over Year) -31.24% 20.16% -3.74% 10.88%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
He admits he was wrong about Google, but his honesty is only part of what we can learn from him.
Coca-Cola (KO) . Old economy. IBM (IBM) . Old economy. American Express (AXP) . Losing its franchise value in a more-commoditized market for financial products. Wells Fargo (WFC) . A plodding and undifferentiated super-regional bank. Deere (DE) . A casualty of exported commodity deflation. Wal-Mart (WMT) . Very old economy.       Expensive Acquisitions of Mature Businesses As 85-year-old Buffett's unparalleled career closes in on its final decade, we can see that many of Berkshire's acquisitions over the past five to eight years represent The Oracle's legacy. The recent acquisition of Precision Castparts and other firms solidify a more bullet-proof Berkshire portfolio that's increasingly insulated from catastrophic events in its numerous business lines. But there's a price to the reduced vulnerability that Berkshire has gained from diversification and massive size -- much slower growth. As I've previously written, Buffett "used to 'chase gazelles' in his acquisitions, buying companies that were available on the cheap due to controversies (i.e., Geico, Coca-Cola and American Express). But now, he chases elephants -- slow-growing and mature companies that sell for expensive prices." Rejecting Innovation and Favoring Cash Flow Buffett only invested in technology in recent years via Berkshire's purchase of a large stake in IBM (a deal that hasn't worked out very well so far). As the Oracle wrote in this weekend's letter to shareholders: "I now spend 10 hours a week playing bridge online. And as I write this letter, 'search' is invaluable to me. (I'm not ready for Tinder, however.)" The 85-year-old very late to the party -- and after Berkshire's poor IBM experience, he's not likely to embrace the future opportunities in technology as aggressively as perhaps he should. Are Auto Dealerships Another Big Misstep? "This is the beginning of a journey that will have no end. Cecil and Larry (Van Tuyl) have given us the ideal platform with which to build an auto-dealership business that will be thriving and growing 50 and 100 years from now. The fun has just started." -- Warren Buffett, on buying Van Tuyl Group of auto dealerships, as quoted in Automotive News (March 10, 2015) I'd like to highlight Berkshire's recent purchase of the Van Tuyl Group of auto dealerships because I think he might have been investing in another industry whose moat isn't as secure as he believes. It's worth noting that in buying Burlington Northern a few years back, Buffett failed to envision the declining role of coal (a key railroad cargo) in the U.S. economy. It turns out that Burlington's competitive moat was far less secure than it appeared when Berkshire acquired the
Buffett and others will need patience on American Express (AXP) for the intermediate period ahead.
Financial names populate the bullish side.
So much good news from so many companies.
A close above $80 could precipitate gains to new highs.
More rewards, more spending; a pretty simple equation for American Express.
If you piece things together from what companies tell you, the picture is pretty positive.
These charts are showing bullish or bearish reversals.
Their overseas business has been carrying them.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

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