Company Update: American Express Company (NYSE:AXP) – American Express Plans Live Audio Webcast of the Fourth Quarter 2015 Earnings Conference Call

[Business Wire] – American Express Company plans to host a live audio webcast of its earnings conference call at 5:00 p.m. on Thursday, January 21, 2016 to discuss fourth quarter and full-year 2015 financial results. Read more on this. American Express Company (AXP) , with a current value of $64.68B, opened this morning at $67.37. During the trading session, AXP traded between $65.69 to $67.71 and has traded between $65.69 and $91.81 over the past 12 months. Priced at 12.80x this year’s forecasted earnings, AXP shares are relatively inexpensive compared to the industry’s 16.76x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.16 per share annually in dividends, yielding 1.67%. In a review of the consensus earnings estimate this quarter, 31 sell-side analysts are looking at $1.13 per share, which would be $0.09 worse than the year-ago quarter and a $0.14 sequential decrease. Investors should also note that the full-year EPS estimate of $5.28 is a $0.11 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $8.33 Billion. If reported, that would be a 0.72% decrease over the year-ago quarter. More recently, JMP Securities Initiated AXP at Mkt Perform (Dec 22, 2015). Previously, Topeka Capital Markets Initiated AXP at to Hold. Given all the information above, we should disclose to readers that the average price target is $80.76, which is 19.88% above than it opened this morning. See more in (NYSE:AXP) Similar Articles: Stock Update: American Express Company (NYSE:AXP) – American Express Will Bring Apple Pay to Card Members in Key Global Markets Company Update: American Express Company (NYSE:AXP) – American Express Offers New Hilton HHonors Status Benefit to Platinum Card Members Market Update: American Tower Corporation (NYSE:AMT) – American Tower Plans Third Quarter 2015 Earnings Release and Conference Call