- American Express charge-offs reached 2.4%, up from 1.6% year over year.
- Delinquencies increased to 1.4%, compared to 1.1% a year ago.
- Analyst recommendations for American Express:
- 17 analysts recommend buying the stock.
- 12 analysts suggest holding the stock.
- 5 analysts advise selling the stock.
A look at American Express Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing Smartkarma Smart Scores have provided an optimistic long-term outlook for American Express Co. With solid scores in Growth, Resilience, and Momentum categories, the company appears well-positioned for future success. These high scores indicate that American Express is expected to demonstrate strong growth potential, resilience in challenging economic conditions, and positive momentum in the market.
American Express Co, a global payment and travel company, has received average scores for its Value and Dividend factors. While these aspects may not be as strong as growth, resilience, and momentum indicators, they still contribute to the overall positive outlook for the company. Recognized for its charge and credit payment card products and travel-related services, American Express Co continues to play a significant role in providing essential financial solutions to consumers and businesses worldwide.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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