At the time of writing, Expeditors International Of Washington, Inc. [EXPD] stock is trading at $122.06, up 0.87%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EXPD shares have gain 2.06% over the last week, with a monthly amount drifted -3.13%, and not seem to be holding up well over a long-time horizon.
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On 20, February 2024, Expeditors Reports Fourth Quarter 2023 EPS of $1.09. In a post published today on Yahoo Finance, Expeditors International of Washington, Inc. (NYSE:EXPD) today announced fourth quarter 2023 financial results including the following highlights compared to the same quarter of 2022:.
From an analyst’s perspective:
Expeditors International Of Washington, Inc. [NYSE: EXPD] stock has seen the most recent analyst activity on January 11, 2024, when Exane BNP Paribas downgraded its rating to a Underperform but kept the price target unchanged to $116 for it. Previously, JP Morgan started tracking the stock with Underweight rating on August 11, 2023, and set its price target to $110. On December 01, 2022, Exane BNP Paribas initiated with a Neutral rating and assigned a price target of $107 on the stock. Wells Fargo downgraded its rating to a Underweight but stick to its price target of $95 on November 22, 2022. Wolfe Research downgraded its rating to a Underperform. Wolfe Research upgraded its rating to Peer Perform for this stock on April 05, 2022. In a note dated March 16, 2022, The Benchmark Company initiated an Hold rating.
For the past year, the stock price of Expeditors International Of Washington, Inc. fluctuated between $102.89 and $131.17. Currently, Wall Street analysts expect the stock to reach $121.6 within the next 12 months. Expeditors International Of Washington, Inc. [NYSE: EXPD] shares were valued at $122.06 at the most recent close of the market. An investor can expect a potential drop of -0.38% based on the average EXPD price forecast.
Analyzing the EXPD fundamentals
According to Expeditors International Of Washington, Inc. [NYSE:EXPD], the company’s sales were 9.30B for trailing twelve months, which represents an -33.82% plunge. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.28 and Total Capital is 0.33. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
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 121.11 points at the first support level, and at 120.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 122.88, and for the 2nd resistance point, it is at 123.70.
Expeditors International Of Washington, Inc. [EXPD] reported earnings per share of $1.09 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.23/share, meaning a difference of -$0.14 and a surprise factor of -11.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.24 per share as compared to estimates of $1.28 per share, a difference of -$0.04 representing a surprise of -3.10%.
Ratios To Look Out For
It is important to note that Expeditors International Of Washington, Inc. [NYSE:EXPD] has a current ratio of 1.89. As well, the Quick Ratio is 1.89, while the Cash Ratio is 0.89. Considering the valuation of this stock, the price to sales ratio is 1.89, the price to book ratio is 7.35 and price to earnings (TTM) ratio is 24.42.
Transactions by insiders
Recent insider trading involved Musser Jeffrey S, President and CEO, that happened on Jun 01 ’23 when 30041.0 shares were sold. Senior VP/Gen Counsel/Corp Sec, Dickerman Jeffrey F completed a deal on May 08 ’23 to sell 1608.0 shares. Meanwhile, Senior VP – CFO POWELL BRADLEY S sold 12138.0 shares on May 05 ’23.
