As of right now, Expeditors International of Washington Inc. [EXPD] is trading at $118.87, up 4.58%. An important factor to consider is whether the stock is rising or falling in short-term value. The EXPD shares have gain 9.85% over the last week, with a monthly amount glided 13.23%, and seem to be holding up well over a long-time horizon.
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On 8, November 2022, Expeditors Announces Semi-Annual Cash Dividend of $0.67. In a post published today on Yahoo Finance, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 7, 2022 its Board of Directors declared a semi-annual cash dividend of $0.67 per share, payable on December 15, 2022 to shareholders of record as of December 1, 2022.
From an analyst’s perspective:
Expeditors International of Washington Inc. [NASDAQ: EXPD] stock has seen the most recent analyst activity on December 01, 2022, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $107. Previously, Wells Fargo downgraded its rating to Underweight on November 22, 2022, and kept the price target unchanged to $95. On July 12, 2022, downgrade downgraded it’s rating to Underperform. Wolfe Research upgraded its rating to a Peer Perform. The Benchmark Company initiated its recommendation with a Hold. Cowen reiterated a Market Perform rating for this stock on February 23, 2022, and downed its price target to $112. In a note dated December 02, 2021, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $110 to $95.
Through the last year, Expeditors International of Washington Inc.’s stock price ranged from $86.08 to $116.97. Currently, Wall Street analysts expect the stock to reach $100.27 within the next 12 months. Expeditors International of Washington Inc. [NASDAQ: EXPD] shares were valued at $118.87 at the most recent close of the market. An investor can expect a potential drop of -15.65% based on the average EXPD price forecast.
Analyzing the EXPD fundamentals
For Expeditors International of Washington Inc., (EXPD), the latest quarter sales were 4.36 billion, which represents an 1.00% increase. Gross Margin for this corporation currently stands at +14.23% with Operating Margin at +11.56%, Pretax Margin comes in at +11.65%, and Net Margin reading is +8.57%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 114.90 points at the first support level, and at 110.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 121.37, and for the 2nd resistance point, it is at 123.87.
Expeditors International of Washington Inc. [EXPD] reported earnings per share of $2.27 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.13/share, meaning a difference of $0.14 and a surprise factor of 6.60%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were $2.05 per share as compared to estimates of $1.74 per share, a difference of $0.31 representing a surprise of 17.80%.
Ratios To Look Out For
It is important to note that Expeditors International of Washington Inc. [NASDAQ:EXPD] has a current ratio of 2.10. On the other hand, the Quick Ratio is 1.52, and the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 6.43 and the P/E (TTM) ratio is 12.50.
Transactions by insiders
The next item on our agenda is insider trading, which has seen 0 insider purchases totaling 0 shares and 7 insider sales totaling 30,067 shares over the past 3 months. Recent insider trading involved ALGER EUGENE K, President Global Services, that happened on Nov 16 when 11500.0 shares were sold. Senior VP – CFO, POWELL BRADLEY S completed a deal on Nov 09 to sell 17206.0 shares. Meanwhile, Senior VP/Gen Counsel/Corp Sec Dickerman Jeffrey F sold 986.0 shares on Nov 09.