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Why the Market Dipped But American Express (AXP) Gained Today
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American Express (AXP - Free Report) closed the most recent trading day at $311.53, moving +1.09% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.06%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.44%.
The stock of credit card issuer and global payments company has fallen by 5.09% in the past month, lagging the Finance sector's loss of 2.69% and the S&P 500's gain of 2.36%.
The investment community will be paying close attention to the earnings performance of American Express in its upcoming release. The company is slated to reveal its earnings on October 23, 2026. On that day, American Express is projected to report earnings of $4.5 per share, which would represent year-over-year growth of 8.7%. In the meantime, our current consensus estimate forecasts the revenue to be $20.09 billion, indicating a 9.03% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $17.67 per share and revenue of $79.47 billion, indicating changes of +14.89% and +10.03%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for American Express. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection has moved 0.03% lower. American Express is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, American Express is currently being traded at a Forward P/E ratio of 17.44. This expresses a premium compared to the average Forward P/E of 10.93 of its industry.
It's also important to note that AXP currently trades at a PEG ratio of 1.33. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Financial - Miscellaneous Services industry had an average PEG ratio of 1.03.
The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 166, placing it within the bottom 33% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in 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 the most recent trading day at $311.53, moving +1.09% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.06%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.44%.
The stock of credit card issuer and global payments company has fallen by 5.09% in the past month, lagging the Finance sector's loss of 2.69% and the S&P 500's gain of 2.36%.
The investment community will be paying close attention to the earnings performance of American Express in its upcoming release. The company is slated to reveal its earnings on October 23, 2026. On that day, American Express is projected to report earnings of $4.5 per share, which would represent year-over-year growth of 8.7%. In the meantime, our current consensus estimate forecasts the revenue to be $20.09 billion, indicating a 9.03% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $17.67 per share and revenue of $79.47 billion, indicating changes of +14.89% and +10.03%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for American Express. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable 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. Within the past 30 days, our consensus EPS projection has moved 0.03% lower. American Express is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, American Express is currently being traded at a Forward P/E ratio of 17.44. This expresses a premium compared to the average Forward P/E of 10.93 of its industry.
It's also important to note that AXP currently trades at a PEG ratio of 1.33. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Financial - Miscellaneous Services industry had an average PEG ratio of 1.03.
The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 166, placing it within the bottom 33% of over 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.