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Why the Market Dipped But American Express (AXP) Gained Today
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American Express (AXP - Free Report) closed at $348.00 in the latest trading session, marking a +2.88% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.22%. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq decreased by 0.66%.
Coming into today, shares of the credit card issuer and global payments company had gained 8.77% in the past month. In that same time, the Finance sector gained 2.72%, while the S&P 500 lost 1.21%.
Analysts and investors alike will be keeping a close eye on the performance of American Express in its upcoming earnings disclosure. The company's earnings report is set to go public on July 24, 2026. On that day, American Express is projected to report earnings of $4.39 per share, which would represent year-over-year growth of 7.6%. At the same time, our most recent consensus estimate is projecting a revenue of $19.61 billion, reflecting a 9.82% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $17.65 per share and a revenue of $79.25 billion, demonstrating changes of +14.76% and +9.72%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for American Express. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.35% upward. As of now, American Express holds a Zacks Rank of #3 (Hold).
In terms of valuation, American Express is currently trading at a Forward P/E ratio of 19.16. This represents a premium compared to its industry average Forward P/E of 10.84.
It is also worth noting that AXP currently has a PEG ratio of 1.39. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Financial - Miscellaneous Services stocks are, on average, holding a PEG ratio of 1.02 based on yesterday's closing prices.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 100, finds itself in the top 41% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Why the Market Dipped But American Express (AXP) Gained Today
American Express (AXP - Free Report) closed at $348.00 in the latest trading session, marking a +2.88% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.22%. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq decreased by 0.66%.
Coming into today, shares of the credit card issuer and global payments company had gained 8.77% in the past month. In that same time, the Finance sector gained 2.72%, while the S&P 500 lost 1.21%.
Analysts and investors alike will be keeping a close eye on the performance of American Express in its upcoming earnings disclosure. The company's earnings report is set to go public on July 24, 2026. On that day, American Express is projected to report earnings of $4.39 per share, which would represent year-over-year growth of 7.6%. At the same time, our most recent consensus estimate is projecting a revenue of $19.61 billion, reflecting a 9.82% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $17.65 per share and a revenue of $79.25 billion, demonstrating changes of +14.76% and +9.72%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for American Express. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.35% upward. As of now, American Express holds a Zacks Rank of #3 (Hold).
In terms of valuation, American Express is currently trading at a Forward P/E ratio of 19.16. This represents a premium compared to its industry average Forward P/E of 10.84.
It is also worth noting that AXP currently has a PEG ratio of 1.39. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Financial - Miscellaneous Services stocks are, on average, holding a PEG ratio of 1.02 based on yesterday's closing prices.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 100, finds itself in the top 41% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.