American Express(AXP)

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3 Mobile Payments Stocks Worth a Closer Look
ZACKS· 2024-10-18 01:16
Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.For those interested in viewing the Thematic lists, please click here >>> Thematic Screens – Zacks Investment Research.Let’s take a closer look at the ‘Mobile Payments’ theme and analyze a few stocks that the screen returned, such as Discover Financial Services (DFS) ...
3 Top Warren Buffett Stocks That Are Absurdly Cheap Buys Right Now
The Motley Fool· 2024-10-17 08:30
American Express, Kraft Heinz, and Chevron are trading at attractive discounts.Berkshire Hathaway's (BRK.A 0.84%) (BRK.B 0.65%) portfolio includes many top blue chip stocks -- solid investments that you can potentially hold for not only years, but decades. While CEO Warren Buffett doesn't handpick every stock in the portfolio, it's the most natural place to find the types of stocks that fit his investing style. And there are some potential deals in there right now. Three stocks in Berkshire's portfolio that ...
Evaluating AmEx Before Q3 Earnings: Buy the Stock Now or Hold?
ZACKS· 2024-10-15 19:06
American Express Company (AXP) is set to report third-quarter 2024 results on Oct. 18, 2024, before the opening bell. The Zacks Consensus Estimate for third-quarter earnings is currently pegged at $3.27 per share, implying a decline of 0.9% from the year-ago reported number. However, the Zacks Consensus Estimate for third-quarter revenues is currently pegged at almost $16.7 billion, suggesting an 8.2% uptick from the year-ago actuals.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.T ...
American Express (AXP) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-10-15 17:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Ahead of American Express (AXP) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2024-10-15 14:16
Wall Street analysts forecast that American Express (AXP) will report quarterly earnings of $3.27 per share in its upcoming release, pointing to a year-over-year decline of 0.9%. It is anticipated that revenues will amount to $16.65 billion, exhibiting an increase of 8.2% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial p ...
3 Key Quarterly Reports to Watch This Week
ZACKS· 2024-10-15 00:32
The 2024 Q3 earnings season has kicked into a much higher gear with the release of the big banks’ results last Friday. The period looks to be constructive, with earnings growth expected to be positive again despite recent downward revisions that have contrasted with recent periods.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Let’s take a closer look at a few key companies – Taiwan Semiconductor Manufacturing (TSM) , Netflix (NFLX) , and American Express (AXP) – that are on the re ...
American Express (AXP) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-10-14 22:56
American Express (AXP) ended the recent trading session at $276.52, demonstrating a +0.13% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.77%. At the same time, the Dow added 0.47%, and the tech-heavy Nasdaq gained 0.87%.The the stock of credit card issuer and global payments company has risen by 6.63% in the past month, leading the Finance sector's loss of 2.93% and the S&P 500's gain of 4.87%.Analysts and investors alike will be keeping a close eye on the perf ...
Warren Buffett Is Generating an Annual Yield of 33% to 60% From 3 Magnificent Stocks -- Here's His Simple Secret to Outsize Yields
The Motley Fool· 2024-10-14 08:51
The Oracle of Omaha is using a simple "recipe" to generate respective dividend yields of 33%, 34%, and 60% from three core holdings.For almost 60 years, Berkshire Hathaway (BRK.A 1.32%) (BRK.B 1.16%) CEO Warren Buffett has been delivering outsize returns. Based on the closing price of Berkshire's Class A shares (BRK.A) on Oct. 10, he's overseen a nearly 5,500,000% aggregate return and watched his company (briefly) hit the trillion-dollar mark, which is something only eight publicly traded companies have acc ...
Analysts Estimate American Express (AXP) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-11 15:00
Wall Street expects a year-over-year decline in earnings on higher revenues when American Express (AXP) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 18, 2024, might help the stock move higher if these key numbers are better t ...
American Express (AXP) Stock Downgraded: Key Reasons for Today's Movement
Gurufocus· 2024-10-08 16:25
American Express (AXP, Financial) experienced a decline of 1.53% today, closing the day at $269.59. This movement comes in the wake of downgrades by analysts, with HSBC moving the rating from 'buy' to 'hold' and BTIG shifting from 'neutral' to 'sell'.American Express (AXP, Financial) is currently trading at a price-to-earnings (PE) ratio of 20.12, which positions it as a relatively expensive option in the financial services sector. The company's valuation concerns are underscored by its Price-to-Book (PB) r ...