American Express Company AXP

$313.22 -11.95 (-3.68%)

Valuation

Market cap
219,590,560,000
Revenue TTM
$80,463,000,000
Net income TTM
$10,833,000,000
PE ratio
19.64
Forward PE
18.34
Profit margin
13.46%
Debt to equity
1.66

Trading

Volume
4,124,200
Avg volume
3,001,936
Day's range
$311.40 – $321.20
Shares out
675,310,000
Stochastic %K
39%
Beta
1.08
Analysts
Strong Sell
Price target
$368.59

Price

Company profile

American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The compa...

Show more

American Express Company, together with its subsidiaries, operates as an integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company offers credit and charge cards and complementary products and services, including travel, dining, and lifestyle and expense management products and services; and banking and other payment and financing products and services, including deposits and non-card lending. It also provides merchant acquisition and processing, servicing and settlement, fraud prevention, and point-of-sale marketing and information products and services, as well as network services. The company offers its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, affiliate marketing, customer referral programs, third-party service providers and business partners, in-house sales teams, direct mail, telephone, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

Industry
Credit Services
Sector
Financial Services
Phone
(212) 640-2000
Website
https://www.americanexpress.com
Address
200 Vesey Street, New York, United States

Latest news

Stocktwits

KryptonResearch14 Oct 24, 1:02 PM
$AXP Amex disclosed a restructuring on Friday's earnings call: cutting about 5% of its global workforce, roughly 3,500 jobs on a base of about 78,000, with a 336 million dollar pretax charge booked in Q3. CFO Le Caillec told CNBC the aim is to get leaner and prepare for AI, cutting management layers and widening spans of control so more work can be automated in coming quarters. Management was careful to say AI has not replaced these roles yet, the org is being flattened first. Revenue rose 9% to 20.06 billion dollars in the same quarter.
0 replies
VolumeSpreadAnalysis Oct 24, 3:23 AM
$AXP Price: $313.22 Volume: Above average Catalyst: Strong affluent-consumer spending trends highlighted in recent earnings continue to fuel bullish sentiment. Resistance: $320.00 Support: $305.00 Bull case: A decisive break above $320 on continued strong volume could open the door to fresh all-time highs. Bear case: Rejection near resistance with fading volume could send price back down to retest the $305 support zone. What I'm watching: Watching for a volume-confirmed close above $320 or a breakdown below $305 for directional confirmation. Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio: @VolumeSpreadAnalysis
1 replies
FBP Oct 24, 2:34 AM
$AXP appeasement given yoy thy are down 10%
0 replies
TalkMarkets Oct 24, 2:18 AM
American Express Beats Earnings, Cuts Jobs - Still Fails To Win Over Wall Street $AXP https://talkmarkets.com/article/american-express-beats-earnings-cuts-jobs-still-fails-to-win-over-wall-street
0 replies
Swift_Trades Oct 24, 1:31 AM
Top 5 trending — Monday setups: $USO 169.53 +4.3% — Brent $116.72, weekend Iran risk. Hold 166.04, break 169.96 squeezes $VKTX 24.40 -5.5% — fresh lows, earnings Oct 28. Hold 24.36, reclaim 25.74 flips $PHAT 5.74 -18.1% — VOQUEZNA exclusivity sued, bounced off 5.02. Hold it, reclaim 6.76 $GLXY 14.68 -4.0% — pressing lows, crypto weak. Hold 14.58, reclaim 15.54 helps $AXP 313.22 -3.7% — beat/raise sold on job cuts. Hold 311.40, reclaim 321.20 flips
1 replies
TopOptionAlert Oct 24, 1:27 AM
$AXP NOV20 320C · still actionable Zone: $311.03 to $315.41 Invalidation: close under $306 Objectives: $325.17, then $335.52 The math: up 3.8% to the first objective and 7.1% to the second, against 2.3% risk on the invalidation, better than 3 to 1 to the second. American Express did everything right this morning and got punished for it anyway. Record revenue, a big earnings beat, guidance raised, and the stock fell nearly four percent because the market fixated on layoffs and rising expenses. That is the setup here and it is a swing: you are buying the panic discount on a blue chip that just told you business is better than expected, with a hard line at the recent low. When a great quarter gets a bad reaction, the bounce back toward where the stock traded before the print is usually the first leg. P.S. Watch whether 306 holds on any retest. That is the line between a bounce and a new down leg.
0 replies
Swift_Trades Oct 24, 1:17 AM
Top 5 trending — Monday setups: $USO 169.53 +4.3% — Brent $116.72, weekend Iran risk. Hold 166.04, break 169.96 squeezes $VKTX 24.40 -5.5% — fresh lows, earnings Oct 28. Hold 24.36, reclaim 25.74 flips $PHAT 5.74 -18.1% — VOQUEZNA exclusivity sued, bounced off 5.02. Hold it, reclaim 6.76 $AXP 313.22 -3.7% — beat/raise sold on job cuts. Hold 311.40, reclaim 321.20 flips $BNB 736.03 +0.6% — steadiest big coin, burn done Oct 19. Hold 730.10, break 750.50 runs
1 replies
BullseyeGains Oct 24, 12:04 AM
$AXP $V $MA $COF $JPM American Express beat earnings and raised its profit floor, then fell about 3.6% Friday on plans to cut 3,500 jobs, 5% of its workforce. Visa, Mastercard, Capital One and JPMorgan fell too, but only about 1% to 2%. Which one would you hold for the next year?
0 replies