ChessGM
Posted - 1 day ago
$AXP Consensus Signal: Bullish (8.0) American Express Company (AXP) has recently showcased robust financial performance, highlighted by its third-quarter earnings that surpassed analyst expectations. The company reported a net income of $2.51 billion, translating to earnings per share (EPS) of $3.49, exceeding the consensus estimate of $3.27 per share. Despite revenue growth of 8% year-over-year to $16.64 billion, it fell slightly short of the $16.67 billion expected by analysts. This discrepancy was primarily attributed to a deceleration in cardmember spending growth and a cautious stance from affluent consumers, which has raised concerns about future demand. Nevertheless, the company maintained a strong P/E ratio around 22, reflecting investor confidence in its long-term growth prospects. American Express has raised its full-year EPS guidance to a range of $13.75 to $14.05, indicating an optimistic outlook despite some headwinds. Moreover, the firm's focus on expense management has allowed it to outperform profit expectations even when revenue growth has softened. Strength in net interest income, driven by increased loan volumes, and a growing card fee revenue stream are critical drivers for the company. Comparatively, AXP's performance positions it favorably against industry peers, with a higher total return over the past five years, demonstrating its resilience and strategic positioning in the competitive finance sector. --- Looking ahead, American Express is set to report its fourth-quarter earnings in January 2025, with analysts anticipating continued growth driven by consumer spending and card acquisitions. Historical performance shows that the company has consistently exceeded EPS estimates in previous quarters, suggesting a strong likelihood for a positive surprise in upcoming results. The current consensus estimates project further growth in revenue, albeit tempered by the cautious spending behavior of its affluent customer base. The raised full-year EPS guidance indicates that management is confident in navigating the current economic landscape, which could bolster investor sentiment. AXP's stock performance will be closely watched as it balances strong revenue streams with the need for maintaining consumer engagement and spending, particularly among younger demographics. The potential impacts of macroeconomic factors, including inflation and consumer confidence, will also be critical in shaping the company’s outlook and stock trajectory in the coming months.
Malal__and
Posted - 1 day ago
$AXP $RY $C MYNZ 🚨 New ATL This Month! 🔥 TMO deal is a game-changer—momentum should pick up from here. 📈 Price Target: $0.30 by EOW—watch this closely! 🚀
Article_AI
Posted - 1 day ago
$AXP These Are the 5 Top-Performing Stocks in the Dow Jones Industrial Average, With 2024 Almost Over These Are the 5 Top-Performing Stocks in the Dow Jones Industrial Average, With 2024 Almost Over https://www.stck.pro/news/AXP/93568362/
Article_AI
Posted - 2 days ago
$AXP 3 Dividend Stocks to Double Up on Right Now Here are three payment stocks that are well-positioned to perform in strong or weak market cycles. https://www.stck.pro/news/AXP/93464409/
KingTrades09
Posted - 4 days ago
$AXP double top and time for a pullbacks down to 260 level
ChessGM
Posted - 4 days ago
$AXP Warren Buffett's Berkshire reported buying $6B worth of $AXP stock in their latest SEC fillings report. Neutral (5.5) American Express (AXP) continues to navigate a complex landscape, marked by a mix of robust financial performance and emerging caution among consumers. In the third quarter of 2024, AXP reported revenues of $16.64 billion, up 8% year-on-year, albeit slightly below the consensus estimate of $16.67 billion. Earnings per share (EPS) came in at $3.49, surpassing analyst expectations of $3.27. This performance reflects strong card member spending and higher net interest income, which saw an increase due to growing loan volumes. The company has raised its full-year EPS guidance to a range of $13.75 to $14.05, suggesting optimism about future profitability. However, the total return for American Express investors has risen faster than earnings growth over the past five years, indicating potential overvaluation concerns. The P/E ratio stands at approximately 22.4, which, while reasonable compared to its past, is elevated against some industry peers that trade at lower multiples. The stock has gained nearly 52% year-to-date, yet recent pressures from cautious consumer sentiment and insider selling have tempered investor enthusiasm. Looking ahead, AXP is set to report its fourth-quarter earnings on December 10, 2024, and expectations are cautiously optimistic. Analysts anticipate that while consumer spending may show signs of fatigue, the company’s strong focus on attracting younger demographics and premium card offerings will continue to drive growth. However, any indications of a slowdown in high-spending cardholders could significantly impact market sentiment. The raised EPS guidance is a positive signal, but the flat revenue growth in the recent quarter has led some analysts to express concern about sustainability in upcoming periods. Overall, the consensus among analysts suggests that while AXP has strong fundamentals, the stock's current valuation may reflect excessive optimism, warranting a more tempered outlook as the market digests these mixed signals.
GemsBot
Posted - 4 days ago
2 of 11 $AXP $BA $CAT Bear in mind that with increased volatility intraday trades with short interval charts are pretty profitable … see 3/11
Article_AI
Posted - 4 days ago
$AXP Better Warren Buffett Stock to Buy Today: Nu Holdings vs. American Express It's the new growth stock versus the established value stock. https://www.stck.pro/news/AXP/93242172/
Article_AI
Posted - 5 days ago
$AXP Trade Tracker: Jenny Harrington trims American Express Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she's trimming some of her American Express position. https://www.stck.pro/news/AXP/93204538/
AmyPreston99
Posted - 5 days ago
MYNZ looks good , added 7157 shares. $BX $AXP
rachelstocks
Posted - 6 days ago
$AXP my Stocktwits says this is down 20%. Confused
GoSoftlanding
Posted - 6 days ago
$AXP All up to 270'
FrankShea1094
Posted - 1 week ago
$AXP It’s disappointing to watch AITX keep pushing boundaries while KSCP’s growth feels stagnant.
Kadince
Posted - 1 week ago
💥 Huge news expected for MYNZ soon 💥 Nov 12: 51M volume, +28%, with 19M short volume. With everyone awaiting the meeting results, I have a strong feeling the r/s extension will be pushed out another 180 days. Mainz Biomed (MYNZ) has partnered with Thermo Fisher (TMO, $209.2B market cap, trading at ~$546.92) to develop a next-gen colorectal cancer screening tool for global markets. Thermo Fisher’s $42.4B revenue and advanced tech will boost MYNZ’s mRNA-based assays, achieving 85% detection for advanced adenomas, compared to competitors' 43% and 20%. With CRC cases up 500% in young people, MYNZ is leading early detection. Sentiment: Positive 1. Strategic partnership with industry giant Thermo Fisher 2. Access to Thermo Fisher's advanced tech 3. Potential for global commercialization 4. Development of home collection screening capability Win-win as TMO steps into the CRC market, too. Calling all apes, let’s crush the short sellers—this bull run is ours. $BX $AXP
ThisStockisDogShit
Posted - 1 week ago
$AXP let’s see the predicted earnings when credit card interest is 10% and they limit merchant fees 😳🤙
WallStreetBuyDip
Posted - 1 week ago
Love trading large caps the most. I've been buying when H% is low for a reversal trade on large caps, will do the same for $AXP when H% is low
Kaylard
Posted - 1 week ago
💥 Boom 🚨 Big news! LFGOOOOOO! Mainz Biomed MYNZ has teamed up with Thermo Fisher TMO (mkt cap $209.2B, trading at ~$546.92) to develop a next-gen colorectal cancer screening tool for global markets. Thermo Fisher’s $42.4B annual revenue and advanced tech will boost MYNZ’s mRNA-based assays, hitting 85% detection for advanced adenomas vs. competitors’ 43% and 20%. With CRC cases up 500% in young people, MYNZ is leading early detection. Win-win for both sides — TMO stepping into the CRC market too. Big developments ahead! Calling all apes, let's crush these shorties—this time is bull time. Insane news, we've been waiting for!!! $BX $AXP
Article_AI
Posted - 1 week ago
$AXP The Best Warren Buffett Stock to Invest $1,000 in Right Now American Express deserves a spot in your long-term portfolio. https://www.stck.pro/news/AXP/92998607/
TheRealBillAckman
Posted - 1 week ago
$AXP
Stocksrunner
Posted - 1 week ago
$AXP showing some movement, but not much to grab onto. while others might be seeing better momentum, axp more of a hold at this point. just not much to get excited about here right now.
YOUNG_DUMB_AND_BROKE
Posted - 1 week ago
$MA $V $AXP JUST WOW.
betterattrading
Posted - 1 week ago
$AXP 350 soon Americans buying on credit!!
StockConsultant
Posted - 1 week ago
$AXP $BAC and $C stocks watch for a bull flag breakout
GemsBot
Posted - 1 week ago
2 of 11 $AXP $BA $CAT Bear in mind that with increased volatility intraday trades with short interval charts are pretty profitable … see 3/11
Alvarados10
Posted - 1 week ago
$AXP CAN YOU PLS give me 290
Article_AI
Posted - 1 week ago
$AXP American Express Forms Data Sharing Partnership With MX American Express has formed a deal with financial data company MX Technologies, giving their users access to improved financial management capabilities. The API-powered data access agreement will offer customers new digital banking options by connecting their American Express accounts with third-party financial institutions and FinTech apps through MX, the companies said in a Thursday (Nov. https://www.stck.pro/news/AXP/92740002/
Jimmyd3277
Posted - 1 week ago
$AXP Buffett going to buy AXP with all his cash!!!!!!!!!!!!
Jimmyd3277
Posted - 1 week ago
$AXP 2000 points gain today for the Dow!!!!!!!!!!!!!!
softarif
Posted - 1 week ago
$AXP why this is tanking ? any news guys ?
