American Express shares higher on company's EPS, sales beat
American Express shares higher on company's EPS, sales beat
Analytical Approach on: American Express Company (NYSE:AXP)
20 April, 2017, 09:31
Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of American Express Company (NYSE:AXP). The stock is presently trading down its SMA-50 of $3.86.
Express Scripts, Inc is a pharmacy benefit management (PBM) company in North America, offering a range of services to its clients, which include health insurers, third-party administrators, employers, union-sponsored benefit plans, workers' compensation plans and government health programs. Signaturefd Llc acquired 8,440 shares as Express Scripts Hldg Co (ESRX)'s stock declined 1.67%. American Express Company updated its FY17 guidance to $5.60-5.80 EPS.
Among 16 analysts covering Express Scripts (NASDAQ:ESRX), 6 have Buy rating, 3 Sell and 7 Hold. Capital Guardian Trust Co. raised its position in shares of American Express Company by 23.6% in the fourth quarter. Finally, Massey Quick & Co. American Express Company earned a coverage optimism score of 0.17 on Alpha One's scale. Institutional investors own 81.71% of the company's stock. American Express Company's revenue was down 4.4% on a year-over-year basis. The stock has a market cap of $68.09 billion, a price-to-earnings ratio of 13.37 and a beta of 1.19.
Fundamentalists and value investors are seeing the low ratio of 2.09 as more positive - demonstrating that the company has a great deal of revenue with a fair price. The stock's 50 day moving average price is $67.06 and its 200 day moving average price is $70.00. The consensus calls for earnings of $1.28 for the quarter, down from $1.45 during the same period a year ago. The payment services company reported $0.91 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.98 by $0.07. Express Scripts Holding Company had a net margin of 2.70% and a return on equity of 24.99%.
The company's expected revenue in the current quarter to be 7.73 Billion, seeing a projected current quarter growth of -11.7%, and per annum growth estimates over the next 5 year period of around 6.54%.
Analysts now estimate earnings of $5.64 per share for the full year 2017. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.01. The ex-dividend date of this dividend is Wednesday, April 5th.
At least 26 dead as bus plunges into ravine in Philippines
Abad added the wounded, some of whom sustained critical injuries, were rushed to nearby hospitals. "The road is really risky". At least 40 passengers, including the dead and injured, were brought up to the side of the road, he said.
Schwab Rising on Quarterly Results
The Company's shares are trading -11.16% below their 50-day moving average and -0.97% below their 200-day moving average. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.
Minecraft Nintendo Switch Edition debuts on May 11
Last month Nintendo sold Switch units numbering more than 906,000 in the US , according to a press release issued by the company. Is it worth getting the Nintendo Switch? For more on upcoming games for the system, check out IGN's Nintendo Switch wiki .
The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. Asset Planning Services Ltd.'s holdings in Express Scripts Holding Company were worth $568,000 at the end of the most recent quarter.
TRADEMARK VIOLATION WARNING: This piece of content was originally posted by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & worldwide copyright & trademark legislation. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. JMP Securities reissued a market perform rating on shares of American Express Company in a report on Friday, January 20th.
Several investment firms issued their expert ratings on Express Scripts Holding Company (ESRX) in which Deutsche Bank Upgrades Express Scripts Holding Company (ESRX) to Hold with no specific Price Target on 11/04/16. Keefe, Bruyette & Woods restated a "buy" rating and issued a $91.00 price objective on shares of American Express Company in a research report on Monday. Credit Suisse Group AG reiterated an underperform rating and set a $76.00 target price on shares of American Express Company in a research note on Friday, January 20th. The stock touched its high share price of $80.02 on 07/14/16 and the stock also touched its Lowest price in the last 52-weeks of trading on 03/21/17 as $63.22.
Apollo Global Management, LLC (APO) opened the session with a $25.72 price tag, later ranging from $25.39 to $25.83, the range at which the stock has traded at throughout the day.
AmEx shares rose 2 percent in after-hours trading to $77.22. Insiders own 0.20% of the company shares. The acquisition was disclosed in a filing with the SEC, which is available at this link.
In other American Express Company news, insider L Kevin Cox sold 32,726 shares of the company's stock in a transaction that occurred on Monday, February 6th. The company now has an average rating of Hold and a consensus price target of $76.02. The Relative Volume value measured for Express Scripts Holding Company (ESRX) is 0.82. The disclosure for this purchase can be found here.
The ex-world No. 1 golfer has spent much of the last two seasons on the sidelines because of a back injury. Stewart won 11 times on the PGA Tour and captured three majors (PGA Championship and two U.S.
However, since the planet is larger than Earth, it might have possessed a magma ocean on its surface for millions of years. That's because they're the most abundant stars in the galaxy and some of the easier stars to capture transit signals from.
All of those emotions came out when Green made those plays - and virtually any other throughout the game. As Stotts said, "I don't think it's demoralizing that we competed extremely well for three quarters".
The start of H-1B season was met with pointed reminders from the government that it is paying close attention to the visa. Non-premium visa petitions can take as much as eight months before they're approved, immigration lawyers say.
Pence will be diving into a tense standoff along the Korean Peninsula with visits to South Korea and Japan beginning Sunday. The Assembly merely reviewed the annual budget performance and the leader announced some personal appointments.
Although war is avoided, the threat to Japan and South Korea, which remain within range of North Korea's missiles, may continue. The Latest on the failed launch of a North Korean missile Sunday from the country's east coast (all times local): 9:44 a.m.
Polls give May's Conservatives a double-digit lead on Labour, which is divided under left-wing leader Corbyn. A rift in Parliament will damage the government's ability to make a success of Brexit , she said.
Jones wont especially with the traditional International Fight Week pay-per-view (PPV) card only three weeks earlier. Jones has fought once since his previous bout with Cormier, beating Ovince Saint Preux at UFC 197 in April 2016.
This was the first time the Recreation Commission held the Egg Hunt on the second Saturday of vacation week. Children scattered everywhere in a mad dash to gather the eggs with all those prizes hidden inside.
The unnamed calf weighed in at 133 pounds, posting an increase of 2 pounds during a period of 24 hours. The zoo, called Animal Adventure Park, is located about 200 kilometers northwest of New York City.
Has United Airlines implemented any policy changes as a result of this incident? Hours later on Monday, his tone turned defensive. The flight was loaded and preparing to leave Chicago's O'Hare International Airport on Sunday when the man was dragged off.
Broadnax, who lives in Virginia, is Jaiden's aunt, and discovered the videos - 64 in all - on her brother's phone. Other videos showed Peterkin spitting on the baby and bending his hands back, according to the Chronicle.
Japan says differences with US on economic talks
The announcement followed an inaugural meeting Tuesday of the U.S. -Japan Economic Dialogue in Tokyo chaired by visiting U.S. The trip so far has been dominated by US and allies' concerns about North Korea's nuclear and missile development efforts.
Russell's HR Caps 4-run 9th as Cubs Top
Trying for his first four-out save this year, Feliz (0-2) struck out Javier Baez to strand a runner on third in the eighth. Mike Montgomery , Pedro Strop , Koji Uehara and Wade Davis (2-0) combined for four scoreless innings, allowing two hits.
Jordan Spieth is already winking at his Masters demons
He later went on to win the US Open that year, and finish in the top four in the British Open and PGA Championship. This perhaps explains why Paddy Power are offering 30/1 enhanced odds on McIlroy to win the US Masters.
Rangers Bounce Back for Game 4 in Over Habs at The Garden
Reports from practice on Monday indicate that Nick Holden will draw back in for Game Four, playing alongside Marc Staal. But it was only a difference maker because the rest of his teammates followed suit with passionate play of their own.
Celtics clinch No. 1 seed in East, beat Bucks 112-94
The Bulls and Celtics are 2-2 in the regular season, but now this series determines who is the better team. The Celtics overcame a sluggish start to top the Milwaukee Bucks 112-94 on Wednesday night at TD Garden .
Hazard admits Chelsea striker may need summer transfer
He knows me better than I could imagine, I'm sure, and that's important: "it motivates you to work hard, train well". Hazard also believes he can become a world-class player without playing in the Ballon d'Or capital.
Boston Marathon Security Measures In Place
A year later, on the starting line of the 1973 Boston Marathon , the race official who had attacked Switzer gave her a kiss. The 121st Boston Marathon is on its way from Hopkinton to Boston . "You've reached it", said Lunenburg resident Kim Ortiz.
Protests over Trump tax returns delay
In South Florida, activists marched to Mr Trump's Mar-a-Lago resort, where the president stayed over the weekend. Spicer was asked if Trump would ever release his tax returns and replied, "I'd have to get back to you on that".
Wells claws back $75 million from top execs in sales scandal
Tolstedt's lawyer, Enu Mainigi of the Washington firm Williams & Connolly, issued a statement challenging the board's findings. Stumpf already had agreed to give up $41 million in compensation, and Tolstedt had agreed to give up $19 million.