American Express (AXP) Stock Slides as Market Rises: Facts to Know Before You Trade

Group 1: Stock Performance - American Express (AXP) closed at $264.38, reflecting a -0.47% change from the previous day, underperforming compared to the S&P 500's gain of 0.64% [1] - Over the last month, AXP shares decreased by 14.6%, while the Finance sector lost 4.63% and the S&P 500 lost 7.69% [1] Group 2: Financial Forecast - American Express is expected to report an EPS of $3.47, a 4.2% increase from the same quarter last year, with revenue forecasted at $17.02 billion, indicating a 7.69% year-over-year increase [2] - For the full year, analysts expect earnings of $15.31 per share and revenue of $71.59 billion, representing changes of +14.68% and +8.55% respectively from the previous year [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for American Express are important as they reflect short-term business dynamics, with positive revisions indicating a favorable business outlook [4] - The Zacks Rank system, which evaluates stocks from 1 (Strong Buy) to 5 (Strong Sell), shows American Express currently holds a Zacks Rank of 3 (Hold) [6] Group 4: Valuation Metrics - American Express has a Forward P/E ratio of 17.35, which is a premium compared to the industry's average Forward P/E of 9.27 [7] - The company also has a PEG ratio of 1.27, while the Financial - Miscellaneous Services industry has an average PEG ratio of 1 [8]