Evercore analyst John Pancari maintains $American Express (AXP.US)$ with a hold rating, and maintains the target price at $290.
According to TipRanks data, the analyst has a success rate of 44.6% and a total average return of -4.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $American Express (AXP.US)$'s main analysts recently are as follows:
Expectations for American Express's earnings per share in 2024 have been adjusted upwards on account of improved expenses and credit metrics. Conversely, revenue growth projections have been scaled back to the lower spectrum of the previously forecasted 9%-11% range, as billings expansion remains at a modest 6%. Achieving the company's long-term goal of surpassing 10% in revenue growth could prove challenging without a significant increase in card expenditure. Projections now indicate a more modest growth trajectory of 8%-9% for 2025-26.
Post-Q3 report observations indicate that American Express is maintaining guidance toward the lower spectrum of its initial revenue growth forecast of 9%-11% for fiscal 2024, with a reliance on an increase in expenditures moving forward to reach its 10% aspirational goal. Nevertheless, the company's projection for mid-teens earnings growth appears attainable, supported by the adaptability inherent in its business model.
Following the Q3 report, which indicated that revenue was marginally below consensus due to softer discount revenue, yet balanced by increased net interest income, adjustments were made to the financial model for American Express.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Evercore分析师John Pancari维持$美国运通 (AXP.US)$持有评级，维持目标价290美元。
根据TipRanks数据显示，该分析师近一年总胜率为44.6%，总平均回报率为-4.8%。
此外，综合报道，$美国运通 (AXP.US)$近期主要分析师观点如下：
由于支出和信贷指标的改善，对美国运通2024年每股收益的预期已上调。相反，由于账单增长仍保持在6％的温和水平，收入增长预测已缩减至先前预测的9％-11％区间的较低范围。如果不大幅增加信用卡支出，实现公司收入增长超过10％的长期目标可能具有挑战性。现在的预测表明，2025-26年的增长轨迹更为温和，为8％-9％。
第三季度报告后的观察表明，美国运通维持了对2024财年9％-11％的初始收入增长预测的较低区间的指导，这依赖于未来支出的增加来实现其10％的理想目标。尽管如此，该公司对十几岁中期收益增长的预测似乎是可以实现的，这得益于其商业模式固有的适应性。
第三季度报告显示，由于折扣收入疲软，收入略低于市场预期，但被净利息收入增加所抵消，此后，对美国运通的财务模型进行了调整。
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