Expeditors International of Washington, Inc. (NASDAQ:EXPD – Get Free Report) has been assigned an average recommendation of “Hold” from the thirteen ratings firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $168.7778.
Several analysts have recently commented on EXPD shares. TD Cowen raised their price objective on shares of Expeditors International of Washington from $148.00 to $176.00 and gave the stock a “sell” rating in a research report on Wednesday, August 5th. Barclays boosted their target price on shares of Expeditors International of Washington from $150.00 to $160.00 and gave the company an “underweight” rating in a research report on Wednesday, August 5th. Stephens raised shares of Expeditors International of Washington to a “strong-buy” rating in a research note on Wednesday, July 8th. Stifel Nicolaus raised their price target on shares of Expeditors International of Washington from $154.00 to $158.00 and gave the stock a “hold” rating in a report on Wednesday, July 15th. Finally, Bank of America increased their price objective on shares of Expeditors International of Washington from $181.00 to $189.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st.
Read Our Latest Analysis on EXPD
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Expeditors International of Washington Price Performance
NASDAQ EXPD opened at $186.38 on Monday. The stock has a market capitalization of $24.23 billion, a P/E ratio of 32.58, a P/E/G ratio of 5.00 and a beta of 1.04. The business has a 50 day simple moving average of $170.83 and a 200 day simple moving average of $157.79. Expeditors International of Washington has a one year low of $112.94 and a one year high of $189.87.
Expeditors International of Washington (NASDAQ:EXPD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The transportation company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.34. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.The business’s revenue was up 32.1% compared to the same quarter last year. During the same period last year, the firm earned $1.34 EPS. Equities analysts expect that Expeditors International of Washington will post 5.39 earnings per share for the current year.
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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