BTIG analyst Vincent Caintic downgrades $American Express (AXP.US)$ to a sell rating, and sets the target price at $230.
According to TipRanks data, the analyst has a success rate of 45.6% and a total average return of -0.5% 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 expectation is for positive delinquency trends to persist in the second half of 2024 for prime card issuers. For non-prime lenders, the forecast is less optimistic, with a more restrained credit improvement anticipated in fiscal 2025.
The firm perceives 'asymmetric risk' for American Express as it trades near the upper end of its valuation spectrum with confined potential for estimate increases. The prevailing consensus anticipates a 15% yearly growth through to 2026, a projection that borders on an optimal scenario considering a slowdown in sales expansion, thus offering limited room for upward revisions. The suggestion is for investors to consider taking profits within the consumer finance sector when opportunities present themselves.
Expectations are set for a particularly dynamic third quarter earnings season for specialty finance companies, with the Federal Reserve's rate cut and consumer credit stress likely to be pivotal factors. A notable focus is anticipated on the outlook for net interest income as rates decrease. It is suggested that companies with asset sensitive balance sheets may experience pressure in this environment.
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.
BTIG分析师Vincent Caintic下调$美国运通 (AXP.US)$至卖出评级，目标价230美元。
根据TipRanks数据显示，该分析师近一年总胜率为45.6%，总平均回报率为-0.5%。
此外，综合报道，$美国运通 (AXP.US)$近期主要分析师观点如下：
对于主要信用卡发行方来说，预计拖欠趋势将在2024年下半年持续保持积极。对于次级放贷人，预测则较为保守，预计在2025财年会有更为克制的信用改善。
公司认为美国运通存在’不对称风险‘，因为其交易接近估值区间的上限，预估增长空间有限。目前的共识预计到2026年每年增长15%，这一预测接近最佳情景，考虑到销售扩张放缓，因此提供了有限的上调空间。建议投资者在消费金融板块出现机会时考虑获利。
对于专业金融公司来说，预计第三季度收益季将表现特别活跃，联邦储备率下调和消费者信贷压力可能是关键因素。预计将重点关注利息净收入的前景随着利率下降。建议具有资产敏感性资产负债表的公司可能会在这种环境下承受压力。
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
