American Express Profits Fall 13 Percent, But Tops Forecasts

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Express Scripts Holding Company (ESRX) is now showing its ROA (Return on Assets) of 6.7%. Meanwhile, due to an ongoing pressure which caused a decline of nearly -1.41% in the past five days, the stock price is now up 4.36% so far on the year - still in weak territory.

If you want a bullish hedged trade on the stock, consider a June 70/65 bull-put credit spread for a 50-cent credit. Alpha Windward LLC increased its stake in American Express Company by 1.3% in the third quarter. Fcm Tx has invested 0.07% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX). Also, Director John Joseph Brennan acquired 4,000 shares of the stock in a transaction that occurred on Wednesday, February 22nd.

American Express Company (NYSE:AXP) opened at 75.80 on Friday. A higher P/B ratio of American Express Company is signposting that the investors have either overvalued it, or that its accountants have undervalued it. The stock was trading on below-average volume.

WARNING: "American Express Company (AXP) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS" was originally posted by Markets Daily and is owned by of Markets Daily.

AmEx also reiterated its 2017 outlook for earnings per share of $5.60 to $5.80.

In the first quarter, total expenses climbed 1 percent to $5.5 billion, in line with analysts' estimates. Express Scripts Holding Company had a return on equity of 24.99% and a net margin of 2.70%.

Removing Costco, AmEx had a relatively strong quarter. During the same quarter in the previous year, the firm posted $1.23 earnings per share.

Sell-side analyst recommendations point to a short term price target of $81.36 on the shares of Express Scripts Holding Company (ESRX).

However, the company's most recent quarter decrease of -4.2% looks unattractive. 7,738 were reported by Hayek Kallen Inv. Korea Inv invested in 0.07% or 199,244 shares. The ex-dividend date of this dividend is Wednesday, April 5th.

Dividends is a reward scheme, that a company presents to its shareholders.

Analysts' mean recommendation for Express Scripts Holding Company (ESRX) stands at 2.70. American Express Co. reports financial results, Wednesday, April 19, 2017. If you are reading this story on another website, it was illegally copied and republished in violation of United States and worldwide trademark & copyright legislation. The original version of this piece can be accessed at https://www.com-unik.info/2017/04/14/american-express-company-axp-position-lowered-by-sol-capital-management-co.html.

AXP has been the subject of several recent analyst reports.

Check back later for our full analysis on American Express' earnings report!

The company holds a market cap of 68345.07 with a P/E of 13.46 indicating whether its share price properly reflects its performance. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share. Morgan Stanley Downgrades Express Scripts Holding Company (ESRX) to Underweight with a price target of $70. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company's stock. Sanford C. Bernstein restated an "underperform" rating and set a $59.00 price target on shares of Express Scripts Holding Company in a research note on Thursday, December 1st.

In other news, SVP Everett Neville sold 2,352 shares of Express Scripts Holding Company stock in a transaction on Wednesday, March 1st. Latest closing price was -3.43% below its 50-day moving average and 8.24% above its 200-day moving average. Archford Capital Strategies LLC now owns 2,157 shares of the company's stock worth $148,000 after buying an additional 1,216 shares during the last quarter. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The shares were bought at an average cost of $79.74 per share, for a total transaction of $318,960.00. Following the transaction, the vice president now owns 12,712 shares of the company's stock, valued at approximately $882,339.92. The disclosure for this purchase can be found here.

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