Monness analyst Gustavo Gala maintains $American Express (AXP.US)$ with a buy rating, and maintains the target price at $300.
According to TipRanks data, the analyst has a success rate of 54.5% and a total average return of 5.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $American Express (AXP.US)$'s main analysts recently are as follows:
The 2024 EPS projections for American Express have been raised due to improved expense management and credit metrics; however, revenue growth forecasts have been adjusted to the lower end of the previously estimated 9%-11% range because billing growth remains at 6%. It may be challenging for the company to achieve its long-term goal of over 10% revenue growth without an increase in card spending, with expectations of 8%-9% growth in the years 2025-26.
Following the Q3 report, American Express has projected potential revenue growth at the lower spectrum of its initial 9%-11% forecast for fiscal 2024. The company anticipates a need for a resurgence in spending to reach its ambitious 10% target. Despite this, the attainability of mid-teens earnings growth appears feasible due to the adaptable nature of the company's business model.
Following the release of American Express's Q3 report, which displayed a slight deviation from the expected revenue due to a dip in discount revenue counterbalanced by an increase in net interest income, the analyst has updated their model.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
Monness分析師Gustavo Gala維持$美國運通 (AXP.US)$買入評級，維持目標價300美元。
根據TipRanks數據顯示，該分析師近一年總勝率為54.5%，總平均回報率為5.1%。
此外，綜合報道，$美國運通 (AXP.US)$近期主要分析師觀點如下：
由於支出管理和信貸指標的改善，美國運通2024年的每股收益預測有所提高；但是，由於賬單增長仍爲6％，收入增長預測已調整至先前估計的9％-11％區間的下限。對於該公司而言，要在不增加信用卡支出的情況下實現其收入增長超過10％的長期目標，預計2025-26年將增長8％-9％。
繼第三季度報告發布後，美國運通預計潛在收入增長將處於其最初對2024財年9％-11％的預測的較低水平。該公司預計，需要增加支出才能實現其雄心勃勃的10％目標。儘管如此，由於公司商業模式的適應性，實現十幾歲中期的收益增長似乎是可行的。
美國運通發佈的第三季度報告顯示，由於折扣收入的下降被淨利息收入的增加所抵消，與預期收入略有偏差，該分析師更新了模型。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
