Professional
Added to YB: 2025-04-11
Pitch date: 2025-04-08
AXP [neutral]
American Express Company
+69.41%
current return
Author Info
No bio for this author
Company Info
American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally.
Market Cap
$253.4B
Pitch Price
$225.82
Price Target
N/A
Dividend
0.89%
EV/EBITDA
N/A
P/E
24.73
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
GreensKeeper Value Fund Portfolio Holding: American Express Company
AXP trimmed position: Earnings +23% in 2024. Credit provisions up, but write-offs below avg. Strong credit quality, well-capitalized. Affluent customers resilient. Q4 strong, but valuation not cheap. Position reduced in Q1 due to valuation concerns despite solid performance.
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