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American Express (AXP) Stock Moves -2.20%: What You Should Know

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American Express (AXP - Free Report) ended the recent trading session at $306.71, demonstrating a -2.2% change from the preceding day's closing price. On the other hand, the Dow registered a loss of 0.36%, and the technology-centric Nasdaq increased by 0.45%.

Coming into today, shares of the credit card issuer and global payments company had lost 7.04% in the past month. In that same time, the Finance sector lost 1.11%, while the S&P 500 gained 1.27%.

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 October 23, 2026. In that report, analysts expect American Express to post earnings of $4.57 per share. This would mark year-over-year growth of 10.39%. At the same time, our most recent consensus estimate is projecting a revenue of $20.12 billion, reflecting a 9.17% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $17.68 per share and revenue of $79.48 billion, which would represent changes of +14.95% and +10.03%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for American Express. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. 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 17.74. Its industry sports an average Forward P/E of 11.69, so one might conclude that American Express is trading at a premium comparatively.

One should further note that AXP currently holds a PEG ratio of 1.33. 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 Financial - Miscellaneous Services industry had an average PEG ratio of 0.99 as trading concluded yesterday.

The Financial - Miscellaneous Services industry is part of the Finance sector. With its current Zacks Industry Rank of 102, this industry ranks in the top 42% of all industries, numbering over 250.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

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