Seaport Global analyst Bill Ryan maintains $American Express (AXP.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 58.8% and a total average return of 3.6% 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 earnings per share (EPS) forecast for American Express has been increased based on improved expense management and credit conditions. However, revenue growth expectations have been adjusted to the lower end of the previously estimated 9%-11% range because billing growth remains at approximately 6%. Achieving the long-term goal of over 10% revenue growth may prove challenging unless there's a significant increase in card spending, with projections suggesting a growth of 8%-9% in the years 2025-26.
Following the Q3 report, it was noted that American Express remains on track to potentially achieve the lower end of its initial revenue growth forecast of 9%-11% for fiscal 2024. The company anticipates the necessity for a rebound in spending to reach its 10% target. Despite these challenges, the company's prospects for mid-teens earnings growth appear attainable, supported by the adaptability of its business model.
Following the Q3 report from American Express, which indicated that revenue was marginally below consensus due to softer discount revenue, albeit partially counterbalanced by an increase in net interest income, the firm has revised its model.
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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Seaport Global分析師Bill Ryan維持$美國運通 (AXP.US)$持有評級。
根據TipRanks數據顯示，該分析師近一年總勝率為58.8%，總平均回報率為3.6%。
此外，綜合報道，$美國運通 (AXP.US)$近期主要分析師觀點如下：
基於費用管理和信貸條件的改善，美國運通2024年的每股收益（EPS）預測有所提高。但是，由於賬單增長仍在6％左右，收入增長預期已調整至先前估計的9％-11％區間的下限。除非信用卡支出大幅增加，否則實現收入增長超過10％的長期目標可能具有挑戰性，預測表明2025-26年將增長8％-9％。
第三季度報告發布後，有人指出，美國運通仍有望實現其2024財年9％-11％的初始收入增長預期的較低水平。該公司預計，支出必須反彈才能達到其10％的目標。儘管面臨這些挑戰，但在其商業模式的適應性支持下，該公司的十幾歲中期收益增長前景似乎是可以實現的。
美國運通發佈第三季度報告顯示，由於折扣收入疲軟，收入略低於市場預期，儘管部分被淨利息收入的增加所抵消，但該公司修改了其模型。
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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。
