Stock Update (NYSE:AXP): American Express, in Partnership with World Monuments Fund, Awards $1 Million in Grants to Five Sites Included on the 2016 World Monuments Watch

[Business Wire] – NEW YORK–(BUSINESSWIRE)– American Express ( NYSE:AXP – News) and World Monuments Fund (WMF) announced today $1 million in grant funding to support preservation efforts at five historic sites currently on the 2016 World Monuments Watch. Read more on this. American Express Company (AXP) , valued at $62.94B, began trading this morning at $65.64. Looking at the equity, the company’s one day range is $65.14 to $65.85 with its 52-week range being $50.27 to $81.92. AXP shares are currently priced at 11.88x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.27x forward p/e ratio. The company pays shareholders $1.16 per share annually in dividends, yielding 1.76%. According to a consensus of 24 analysts, the earnings estimate of $1.91 per share would be $0.49 better than the year-ago quarter and a $0.31 sequential increase. Investors should also note that the full-year EPS estimate of $5.55 is a $0.17 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $8.35 Billion. If reported, that would be a 0.85% increase over the year-ago quarter. In terms of ratings, Compass Point Initiated AXP at Buy (Apr 15, 2016). Previously, Oppenheimer upgraded AXP from Underperform to Perform. With the above information in mind, readers should note that the average price target is $66.13, which is 0.75% above where the stock opened this morning. See more in (NYSE:AXP) Similar Articles: Stock Update: American Express Company (NYSE:AXP) – SAP Ariba and American Express Team to Streamline Purchase Reconciliation and Compliance Market Update: American Express Company (NYSE:AXP) – American Express and the National Trust for Historic Preservation Award More Than $1 Million in Grants to Five National Treasure Sites Stock Update: American Express Company (NYSE:AXP) – American Express Will Bring Apple Pay to Card Members in Key Global Markets