American Express

AXP-N

NYSE:AXP

93.01
3.57 (3.70%)
The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City.
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Analysis and Opinions about AXP-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
January 30, 2020
It has been an incredible grower. Top line is growing 8% and the bottom line even more. They have great dividend growth and trade at a cheap multiple. It is a great place to be. They may be economically sensitive but they make a lot of money from people paying interest on cards. They would be impacted by a slowdown in travel, however. (Analysts’ price target is $140.42)
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American Express (AXP-N)
January 30, 2020
It has been an incredible grower. Top line is growing 8% and the bottom line even more. They have great dividend growth and trade at a cheap multiple. It is a great place to be. They may be economically sensitive but they make a lot of money from people paying interest on cards. They would be impacted by a slowdown in travel, however. (Analysts’ price target is $140.42)
COMMENT
COMMENT
October 9, 2019
She owns Visa instead; it has a stronger growth outlook, especially in Europe. AmEx provides the credit when you use their card whereas Visa and Mastercard provide just the transaction as a bank offers that credit, so the business dynamics are different. She prefers the asset-lite model because it offers higher returns.
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American Express (AXP-N)
October 9, 2019
She owns Visa instead; it has a stronger growth outlook, especially in Europe. AmEx provides the credit when you use their card whereas Visa and Mastercard provide just the transaction as a bank offers that credit, so the business dynamics are different. She prefers the asset-lite model because it offers higher returns.
DON'T BUY
DON'T BUY
September 11, 2019
Within the payment card space, AXP-N has a closed loop network -- they can gather their own customer data on spending and credit use. This allows them to do better target marketing. Someone will probably come in to buy that network in the future he thinks. About 20% of their revenue comes from credit card balances making them susceptible to credit downgrades. He would not step into them now.
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American Express (AXP-N)
September 11, 2019
Within the payment card space, AXP-N has a closed loop network -- they can gather their own customer data on spending and credit use. This allows them to do better target marketing. Someone will probably come in to buy that network in the future he thinks. About 20% of their revenue comes from credit card balances making them susceptible to credit downgrades. He would not step into them now.
BUY WEAKNESS
BUY WEAKNESS
September 3, 2019

Mastercard vs. Visa He owns neither, though they have performed incredibly well. Don't buy them now in this part of the cycle. He likes American Express for its much-lower valuation, and have performed well, too, but buy that only on a big pullback.

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American Express (AXP-N)
September 3, 2019

Mastercard vs. Visa He owns neither, though they have performed incredibly well. Don't buy them now in this part of the cycle. He likes American Express for its much-lower valuation, and have performed well, too, but buy that only on a big pullback.

COMMENT
COMMENT
July 11, 2019

AXP vs. V vs. MA. Wouldn't touch Visa or Mastercard, because they're extremely expensive, unless they have a 50% pullback. But AXP is a whole lot cheaper on price to book. It's the only one with visible upside. But it's bang up against technical resistance at 3.5x book. Hasn't been able to get any further. Visa and Mastercard are a lot more profitable than AXP. AXP has more limited downside.

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AXP vs. V vs. MA. Wouldn't touch Visa or Mastercard, because they're extremely expensive, unless they have a 50% pullback. But AXP is a whole lot cheaper on price to book. It's the only one with visible upside. But it's bang up against technical resistance at 3.5x book. Hasn't been able to get any further. Visa and Mastercard are a lot more profitable than AXP. AXP has more limited downside.

PAST TOP PICK
PAST TOP PICK
July 4, 2019
(A Top Pick Jul 04/18, Up 31%) Continues to like it. Changing how they're looking at the consumer. Millennials don't pay as much attention to the cache of the AmEx brand. Secular growth continues to be strong, but when a recession is on the horizon, he'll probably exit his position. Yield is 1.3%, with 8% growth on that dividend.
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(A Top Pick Jul 04/18, Up 31%) Continues to like it. Changing how they're looking at the consumer. Millennials don't pay as much attention to the cache of the AmEx brand. Secular growth continues to be strong, but when a recession is on the horizon, he'll probably exit his position. Yield is 1.3%, with 8% growth on that dividend.
BUY
BUY
June 21, 2019

AmEx, Visa or Mastercard? They're all great. Visa and MC are pure-play payment processors vs. AmEx which is also the issuing bank. They play on electronic payments with people buying more and more online, but V and MC reaches a wider breadth of customers/users. AmEx still focuses on richer people. V and MC will always have a higher multiple because they're viewed as tech companies. They're all great holds for 5-10 years.

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AmEx, Visa or Mastercard? They're all great. Visa and MC are pure-play payment processors vs. AmEx which is also the issuing bank. They play on electronic payments with people buying more and more online, but V and MC reaches a wider breadth of customers/users. AmEx still focuses on richer people. V and MC will always have a higher multiple because they're viewed as tech companies. They're all great holds for 5-10 years.

COMMENT
COMMENT
January 23, 2019
He just sold it because of its high valuation. Long-term, all the credit card companies will benefit from growing acceptance to credit cards globally. He took profits. Short-term, watch for credit costs and an economic slowdown. (Globally, the world still uses more cash than plastic.)
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American Express (AXP-N)
January 23, 2019
He just sold it because of its high valuation. Long-term, all the credit card companies will benefit from growing acceptance to credit cards globally. He took profits. Short-term, watch for credit costs and an economic slowdown. (Globally, the world still uses more cash than plastic.)
DON'T BUY
DON'T BUY
August 16, 2018

Stock is overvalued right now. It is trading at excessive values now. Starting to see some credit concerns creep in. Be prepared for some volatility.

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American Express (AXP-N)
August 16, 2018

Stock is overvalued right now. It is trading at excessive values now. Starting to see some credit concerns creep in. Be prepared for some volatility.

TOP PICK
TOP PICK
July 4, 2018

It has 13x forward earnings with a 12% growth rate as global consumer spending rises. Digital currency is overtaking cash and cheques as a strong trend. Worldwide, people still use cash over plastic, but this will change--and AmEx will benefit. Last week, they announced a co-branded card with Amazon and $3.4-billion buyback program. He's held this for a long time. (Analysts' price target: $109.27)

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It has 13x forward earnings with a 12% growth rate as global consumer spending rises. Digital currency is overtaking cash and cheques as a strong trend. Worldwide, people still use cash over plastic, but this will change--and AmEx will benefit. Last week, they announced a co-branded card with Amazon and $3.4-billion buyback program. He's held this for a long time. (Analysts' price target: $109.27)

COMMENT
COMMENT
May 24, 2018

Should I buy American Express (AXP-N) or VISA (V-N)? It is like asking if I should buy an ice-cream for my daughter or my son. Ownes both. Basically, toll booth for global spending. There is still more cash out there than plastic out there believe it or not. American Express (AXP-N) seems a little cheaper from a valuation stand point. Amex is a little more value oriented, VISA is a little more growth oriented. Keep both.

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Should I buy American Express (AXP-N) or VISA (V-N)? It is like asking if I should buy an ice-cream for my daughter or my son. Ownes both. Basically, toll booth for global spending. There is still more cash out there than plastic out there believe it or not. American Express (AXP-N) seems a little cheaper from a valuation stand point. Amex is a little more value oriented, VISA is a little more growth oriented. Keep both.

PAST TOP PICK
PAST TOP PICK
October 12, 2017

(A Top Pick Aug 26/16. Up 44%.) Still likes this. It just hit new highs yesterday. Trading at about 15X forward earnings with a 10% growth rate, giving it a 1.5X PEG ratio. 1.5% dividend yield will grow at about 10% a year. They are aiming to lower their profits and rates to entice more merchants to accept its cards, by 2019. Thinks it will continue to do very well, particularly with interest rates moving higher and a possible tax reform.

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American Express (AXP-N)
October 12, 2017

(A Top Pick Aug 26/16. Up 44%.) Still likes this. It just hit new highs yesterday. Trading at about 15X forward earnings with a 10% growth rate, giving it a 1.5X PEG ratio. 1.5% dividend yield will grow at about 10% a year. They are aiming to lower their profits and rates to entice more merchants to accept its cards, by 2019. Thinks it will continue to do very well, particularly with interest rates moving higher and a possible tax reform.

COMMENT
COMMENT
September 20, 2017

MasterCard (MA-N), Visa (V-N) or American Express (AXP-N)? Of the 3, he prefers Visa, the largest of the 3. This one is not a favourable one in his view.

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American Express (AXP-N)
September 20, 2017

MasterCard (MA-N), Visa (V-N) or American Express (AXP-N)? Of the 3, he prefers Visa, the largest of the 3. This one is not a favourable one in his view.

BUY
BUY
January 30, 2017

They lost Costco, which one of their biggest accounts. Once they focus back on their premium products we can see growth. The stock is beaten up after a difficult 2016. She thinks this will be a turn-around story.

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American Express (AXP-N)
January 30, 2017

They lost Costco, which one of their biggest accounts. Once they focus back on their premium products we can see growth. The stock is beaten up after a difficult 2016. She thinks this will be a turn-around story.

TOP PICK
TOP PICK
August 26, 2016

This continues to focus on the lending side of its business, and they are doing a lot of cost cutting initiatives which is going to help shares move higher. Technically, it recently broke its 200 day moving average on the upside, which is very bullish. It has formed a solid recovery from its lows earlier this year. Fundamentally it is reasonably valued, trading at about 12X forward earnings, with an estimated growth rate of 8%-10% in terms of earnings per share. Over the last 5 years, it has delivered an annual dividend growth rate of over 10%, and going forward he expects it to be 8%-9%. Dividend yield of 1.79%.

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American Express (AXP-N)
August 26, 2016

This continues to focus on the lending side of its business, and they are doing a lot of cost cutting initiatives which is going to help shares move higher. Technically, it recently broke its 200 day moving average on the upside, which is very bullish. It has formed a solid recovery from its lows earlier this year. Fundamentally it is reasonably valued, trading at about 12X forward earnings, with an estimated growth rate of 8%-10% in terms of earnings per share. Over the last 5 years, it has delivered an annual dividend growth rate of over 10%, and going forward he expects it to be 8%-9%. Dividend yield of 1.79%.

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American Express(AXP-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for American Express is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

American Express(AXP-N) Frequently Asked Questions

What is American Express stock symbol?

American Express is a American stock, trading under the symbol AXP-N on the New York Stock Exchange (AXP). It is usually referred to as NYSE:AXP or AXP-N

Is American Express a buy or a sell?

In the last year, 3 stock analysts published opinions about AXP-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for American Express.

Is American Express a good investment or a top pick?

American Express was recommended as a Top Pick by Lorne Steinberg on 2020-01-30. Read the latest stock experts ratings for American Express.

Why is American Express stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is American Express worth watching?

3 stock analysts on Stockchase covered American Express In the last year. It is a trending stock that is worth watching.

What is American Express stock price?

On 2020-07-07, American Express (AXP-N) stock closed at a price of $93.01.