Expeditors International of Washington, Inc. (NASDAQ:EXPD – Get Free Report) has been assigned an average rating of “Hold” from the twelve ratings firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $137.30.
A number of research analysts recently commented on the company. Wolfe Research raised Expeditors International of Washington from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Susquehanna increased their target price on Expeditors International of Washington from $142.00 to $156.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Truist Financial reduced their target price on Expeditors International of Washington from $160.00 to $140.00 and set a “hold” rating on the stock in a research note on Wednesday, February 25th. UBS Group increased their target price on Expeditors International of Washington from $166.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. increased their target price on Expeditors International of Washington from $135.00 to $139.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th.
Institutional Inflows and Outflows
Expeditors International of Washington Stock Down 1.3%
EXPD opened at $157.88 on Wednesday. The stock has a market cap of $20.65 billion, a PE ratio of 27.60, a P/E/G ratio of 5.00 and a beta of 1.05. Expeditors International of Washington has a 52 week low of $110.08 and a 52 week high of $167.19. The business’s fifty day simple moving average is $150.02 and its 200 day simple moving average is $150.71.
Expeditors International of Washington (NASDAQ:EXPD – Get Free Report) last released its earnings results on Tuesday, May 5th. The transportation company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.38. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.The company’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.47 EPS. As a group, equities analysts anticipate that Expeditors International of Washington will post 5.39 earnings per share for the current year.
Expeditors International of Washington Announces Dividend
The business also recently disclosed a dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.81 per share. This represents a dividend yield of 101.0%. The ex-dividend date of this dividend is Monday, June 1st. Expeditors International of Washington’s dividend payout ratio (DPR) is 26.21%.
Expeditors International of Washington Company Profile
Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.
The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.
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