• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
Advertisement
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

American Express stock price climbs ahead of Q3 2021 earnings

October 22, 2021
in Trading
Reading Time: 2 mins read
A A
0
American Express stock price climbs ahead of Q3 2021 earnings
0
SHARES
6
VIEWS
ShareShareShareShareShare

American Express (NYSE:AXP) releases its quarterly earnings today. The market expects higher EPS when compared to the same period last year. 

American Express is known for providing credit payment card products as well as travel-related services. The company reports its Q3 2021 earnings today at 08:30 AM ET, and investors expect the EPS to rise by +34.96% compared to the same period last year.

The annual revenue estimate for the fiscal period ending December 2021 is $41.01 billion, projected to reach $46.76 by December 2022. American Express is a dividend-paying company with a dividend yield of 0.97% and a payout ratio of 19.57%.

This is one of the companies that best performed this year – the stock price is up over +46% year-to-date and close to +75% in the last twelve months.

What Do Analysts Say About American Express Stock Price?

Most analysts are bullish and have issued buy ratings. Out of the 67 analysts that follow the American Express stock price, 40 have buy ratings and 21 have neutral ratings; only 6 analysts have sell ratings.

The price target for the American Express stock varies wildly. Most recently, Oppenheimer and Co. maintained its buy rating, having a price target for the American Express stock of $194. Morgan Stanley also has a buy rating, but this time the target for the stock price is $195.

American Express operates with a gross profit margin of 72.28%, much higher than the 63.72% sector median. The stock price trades at a P/E Non-Gaap ratio of 20.19, much higher than the 11.66 sector median.

Credit: Source link

ShareTweetSendPinShare
Previous Post

S&P 500 outlook remains positive, more upside possible

Next Post

Ripple CEO claims ETH is above XRP due to SEC

Related Posts

How to play stocks as nonfarm payrolls increase in January?
Trading

How to play stocks as nonfarm payrolls increase in January?

February 6, 2023
3
8fig Launches “Freight with 8fig” to Bring Competitive Freight Rates to Ecommerce Sellers  
Trading

8fig Launches “Freight with 8fig” to Bring Competitive Freight Rates to Ecommerce Sellers  

February 5, 2023
5
LBank Exchange Will List Metaverser (MTVT) on February 7, 2023
Trading

LBank Exchange Will List Metaverser (MTVT) on February 7, 2023

February 5, 2023
5
3 Strategies for Importing Goods From the U.S. to Europe
Trading

The Uyghur Forced Labor Prevention Act: Why and What Importers Need to Know

February 4, 2023
4
As Adani implodes, how safe is Reliance Industries stock?
Trading

As Adani implodes, how safe is Reliance Industries stock?

February 4, 2023
8
Next Post
Ripple CEO claims ETH is above XRP due to SEC

Ripple CEO claims ETH is above XRP due to SEC

Recommended

Here’s why crypto is yet to become a global payment option

Here’s why crypto is yet to become a global payment option

January 20, 2023
4
Lauren Fiochetta Joins Tompkins Robotics as Senior Marketing Manager

Lauren Fiochetta Joins Tompkins Robotics as Senior Marketing Manager

January 26, 2023
6
Banner Corporation (NASDAQ:BANR) Q4 2022 Earnings Call Transcript

Banner Corporation (NASDAQ:BANR) Q4 2022 Earnings Call Transcript

January 22, 2023
4
Analyst shares NOIA price outlook after 168% gain

Analyst shares NOIA price outlook after 168% gain

February 1, 2023
5
BitMEX Arthur Hayes Thinks There’s a Financial Crisis Coming, Here’s Why

What to Expect After Bitcoin’s Latest Bounce: Arthur Hayes

January 20, 2023
4
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • FTX Requests Return of Donations from SBF’s Political Beneficiaries
  • Ripple and VeChain to conquer this futuristic billion-$-market
  • FinTech Firm tZERO Announces Exchange Shutdown

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?