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American Express (AXP) Increases Despite Market Slip: Here's What You Need to Know
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American Express (AXP - Free Report) closed the most recent trading day at $340.74, moving +1.6% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.57%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.
Heading into today, shares of the credit card issuer and global payments company had gained 7.41% over the past month, outpacing the Finance sector's gain of 4.57% and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of American Express in its forthcoming earnings report. The company is scheduled to release its earnings on July 24, 2026. The company is expected to report EPS of $4.37, up 7.11% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $19.57 billion, showing a 9.62% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $17.59 per share and a revenue of $79.14 billion, representing changes of +14.37% and +9.56%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for American Express. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% decrease. American Express is currently a Zacks Rank #3 (Hold).
From a valuation perspective, American Express is currently exchanging hands at a Forward P/E ratio of 19.07. This indicates a premium in contrast to its industry's Forward P/E of 10.93.
One should further note that AXP currently holds a PEG ratio of 1.36. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Financial - Miscellaneous Services industry stood at 1.06 at the close of the market yesterday.
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 149, putting it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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American Express (AXP) Increases Despite Market Slip: Here's What You Need to Know
American Express (AXP - Free Report) closed the most recent trading day at $340.74, moving +1.6% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.57%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw a decrease of 1.15%.
Heading into today, shares of the credit card issuer and global payments company had gained 7.41% over the past month, outpacing the Finance sector's gain of 4.57% and the S&P 500's gain of 2.14%.
The investment community will be closely monitoring the performance of American Express in its forthcoming earnings report. The company is scheduled to release its earnings on July 24, 2026. The company is expected to report EPS of $4.37, up 7.11% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $19.57 billion, showing a 9.62% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $17.59 per share and a revenue of $79.14 billion, representing changes of +14.37% and +9.56%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for American Express. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.02% decrease. American Express is currently a Zacks Rank #3 (Hold).
From a valuation perspective, American Express is currently exchanging hands at a Forward P/E ratio of 19.07. This indicates a premium in contrast to its industry's Forward P/E of 10.93.
One should further note that AXP currently holds a PEG ratio of 1.36. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Financial - Miscellaneous Services industry stood at 1.06 at the close of the market yesterday.
The Financial - Miscellaneous Services industry is part of the Finance sector. This group has a Zacks Industry Rank of 149, putting it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.