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Here's Why American Express (AXP) Fell More Than Broader Market
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In the latest close session, American Express (AXP - Free Report) was down 1.32% at $321.80. This move lagged the S&P 500's daily loss of 0.48%. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.64%.
The stock of credit card issuer and global payments company has fallen by 4.32% in the past month, lagging the Finance sector's loss of 0.68% and the S&P 500's loss of 0.97%.
Investors will be eagerly watching for the performance of American Express in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 23, 2026. The company's upcoming EPS is projected at $4.58, signifying a 10.63% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $20.09 billion, reflecting a 9.05% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $17.68 per share and a revenue of $79.46 billion, demonstrating changes of +14.95% and +10.02%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for American Express. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.1% higher. Currently, American Express is carrying a Zacks Rank of #3 (Hold).
Investors should also note American Express's current valuation metrics, including its Forward P/E ratio of 18.44. This denotes a premium relative to the industry average Forward P/E of 11.72.
We can additionally observe that AXP currently boasts a PEG ratio of 1.39. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Financial - Miscellaneous Services industry stood at 1.15 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 103, putting it in the top 42% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
View the Zacks #1 Rank List
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Here's Why American Express (AXP) Fell More Than Broader Market
In the latest close session, American Express (AXP - Free Report) was down 1.32% at $321.80. This move lagged the S&P 500's daily loss of 0.48%. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.64%.
The stock of credit card issuer and global payments company has fallen by 4.32% in the past month, lagging the Finance sector's loss of 0.68% and the S&P 500's loss of 0.97%.
Investors will be eagerly watching for the performance of American Express in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 23, 2026. The company's upcoming EPS is projected at $4.58, signifying a 10.63% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $20.09 billion, reflecting a 9.05% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $17.68 per share and a revenue of $79.46 billion, demonstrating changes of +14.95% and +10.02%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for American Express. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.1% higher. Currently, American Express is carrying a Zacks Rank of #3 (Hold).
Investors should also note American Express's current valuation metrics, including its Forward P/E ratio of 18.44. This denotes a premium relative to the industry average Forward P/E of 11.72.
We can additionally observe that AXP currently boasts a PEG ratio of 1.39. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Financial - Miscellaneous Services industry stood at 1.15 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 103, putting it in the top 42% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.