Analysts’ Views On Expeditors International of Washington Inc. (EXPD)


Expeditors International of Washington Inc. (NASDAQ:EXPD) finished Friday with a subtraction of -$1.29 to close at $103.92, a downside of -1.23 percent. An average of 688,140 shares of common stock have been traded in the last five days. There was a fall of -$2.98 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,375,160 shares traded, while the 50-day average volume stands at 1,661,306.

EXPD stock has decreased by -10.46% in the last month. The company shares reached their 1-month lowest point of $102.75 on 12/30/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $86.08 and a high of $135.10 in 52 weeks. It has reached a new high 1 time so far this year and lost -22.62% or -$30.37 in price. In spite of this, the price is down -23.08% from the 52-week high.

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Insider Transactions

EXPD stock investors should be aware that Expeditors International of Washington Inc. (EXPD) stock had its last reported insider trading activity 45 days ago on Nov 16. In this transaction, the insider spent $1,304,422. Senior VP – CFO, POWELL BRADLEY S, disposed of 17,206 shares at a price of $106.23 on Nov 09. The insider now owns more than $1,827,838 worth of shares. Prior to that, Senior VP/Gen Counsel/Corp Sec Dickerman Jeffrey F went on to Sale 986 shares at $106.59 each on Nov 09. An amount of $105,103 was transacted.

Valuation Metrics

Expeditors International of Washington Inc. (EXPD) has a trailing price-to-earnings (P/E) ratio of 10.93. The stock’s beta is 0.96. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.87, the price-to-book (PB) ratio at 4.84, and the price-to-cash flow ratio at 9.30.

The company has a payout ratio of 13.00%. The company’s most recent quarterly dividend payment was $0.67 a share, without any change from last year. Its latest increase dividend $0.09 reported on Monday May 2 2022.

Financial Health

The quick ratio of Expeditors International of Washington Inc. for the three months ended June 29 was 2.10, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $4.47 billion compared to revenue of $16.52 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Expeditors International of Washington Inc.’s return on assets was 21.50%.

Earnings Surprise

In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $414.21 million in the quarter, while revenues of $377.81 million were grew 13.31%. The analyst consensus anticipated Expeditors International of Washington Inc.’s latest quarter earnings to come in at $2.13 per share, but it turned out to be $2.27, a 6.60% surprise. For the quarter, EBITDA amounted to $542.11 million. Shareholders own equity worth $159.14 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Expeditors International of Washington Inc. (EXPD) price momentum. RSI 9-day as of the close on 30 December was 32.68%, suggesting the stock is Neutral, with historical volatility in this time frame at 14.47%.

As of today, EXPD’s price is $105.40 -2.79% or -$2.98 from its 5-day moving average. EXPD is currently trading -9.83% lower than its 20-day SMA and +0.36% higher than its 100-day SMA. However, the stock’s current price level is +14.19% above the SMA50 and +0.93% above the SMA200.

The stochastic %K and %D were 5.82% and 7.35%, respectively, and the average true range (ATR) was 2.59. With the 14-day stochastic at 8.23% and the average true range at 2.78, the RSI (14) stands at 39.53%. The stock has reached -1.84 on the 9-day MACD Oscillator while the 14-day reading was at -3.63.

Analyst Ratings

Exane BNP Paribas launched coverage on Expeditors International of Washington Inc. (NASDAQ: EXPD) in its analyst report released on December 01, 2022. The firm assigned the stock a Neutral rating. The consensus rating for Expeditors International of Washington Inc. (EXPD) among analysts is Underweight. According to current brokerage recommendations, 6 brokerage firms advise that investors sell EXPD, while 11 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is EXPD’s price target for the next 12 months?

Analysts predict a range of price targets between $88.00 and $122.00, with a median target of $100.00. Taking a look at these predictions, the average price target given by analysts for Expeditors International of Washington Inc. (EXPD) stock is $102.67.


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