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TSX climbs, Wall Street sinksTravel winners & losersEarnings lift stocks to end positive weekThis summary was created by AI, based on 25 opinions in the last 12 months.
Experts have mixed opinions on American Express (AXP-N) stock. Some believe it is well-positioned with high-end users and travel, has strong management and consumer spending, and is trading at a reasonable valuation. Others express concerns about its expensive valuation, credit risk, and competition from Visa and Mastercard. Overall, the company has reported positive revenue and spending growth, particularly in the travel and entertainment sectors, while also attracting millennial and Gen-Z cardholders.
Earnings were sold. Buy this pullback.
He disagreed with the street on AXP's new report and found their quarter excellent.
They added 12 million members in the past year.
She expects their quarter next week to be fine. It well-positioned with high-end users and travel.
A hold for the next 3-5 years. The stock has done extremely well. It's looking expensive. Don't add to it now.
She just bought it because she needed consumer exposure. She likes leisure, travel and post-pandemic consumer behaviour of this. Trades below the market multiple and is not well-loved.
Good company with strong management team and balance sheet. Falling interest rates will be good the for the business. Spending strong with consumers. Savings rates will remain steady with consumers as well. Good with holding company for the long term.
Just delivered a good quarter and great guidance. Last November they reported that October sales were light, so short-sellers piled in while shares rose. So, today's rally triggered a short squeeze that drove the Dow
They report Friday. They have a track record of reporting solid numbers, but then someone points out a bad line item and shares fall. Wait for the second day when some analyst downgrades it to buy./
Wait till they report next week and listen to the CEO's comments before deciding. Buy on the dip? No. Shares are mid-range.
Owns a big position. Their November loan balances were up 15% while delinquencies up only 50 basis points. Trades at 16x forward. Likes this.
Likes trend, and believes in value of traditional business. Likes nature of company. Stock indicating bounce off of the floor. Will recommend buying small amounts.
Owns shares in Visa, but credit card business strong. Credit risk a concern with business. Visa a pure "payment processing" business. Better options in sector.
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
In the last year, 21 stock analysts published opinions about AXP-N. 18 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for American Express.
American Express was recommended as a Top Pick by on . Read the latest stock experts ratings for American Express.
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.
21 stock analysts on Stockchase covered American Express In the last year. It is a trending stock that is worth watching.
On 2024-07-26, American Express (AXP-N) stock closed at a price of $245.89.
They reported a good quarter last Friday, but shares fell around 2.5%. Total revenue was 8% YOY and billed business 5% YOY. Adjusted EP up 21% and raised their full-year earnings forecast. But the street's expectations were too high going into the quarter, and shares were up year to date far higher than Visa or Mastercard. Also, AXP has slowing revenue growth from 11% in Q1 to 8%--this is key. Elevated marketing expenses concern the street, marketing to keep customer spending "elevated". But if earnings growth is good, who cares? This dip makes AXP a buying opportunity. AXP is killing it, making their earnings targets in the double digits. It doesn't get enough credit for its earnings growth. Spending by Millennials and GenZers is up 13%. And their marketing expenses are attracting these young customers.