Expeditors International of Washington (NASDAQ:EXPD) Stock Price Expected to Rise, Susquehanna Analyst Says

Key Points

• Susquehanna raised its price target on Expeditors to $156 (from $142) but kept a "neutral" rating, implying roughly a 3.44% upside from the current share price.
• Expeditors beat Q1 expectations with EPS of $1.71 vs. $1.33 consensus and revenue up ~4.4%, and management boosted the dividend to $0.81 per share, while noting a late‑quarter operational disruption.
• Overall analyst sentiment is mixed: MarketBeat shows an average rating of "Reduce" and an average price target of $135.70, reflecting more hold/sell opinions despite some buy ratings.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) had its target price hoisted by research analysts at Susquehanna from $142.00 to $156.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a "neutral" rating on the transportation company's stock. Susquehanna's price target points to a potential upside of 3.44% from the company's current price.

EXPD has been the topic of several other reports. Barclays raised their target price on Expeditors International of Washington from $110.00 to $135.00 and gave the stock an "underweight" rating in a research report on Thursday, January 15th. Truist Financial lowered their price objective on Expeditors International of Washington from $160.00 to $140.00 and set a "hold" rating on the stock in a research report on Wednesday, February 25th. JPMorgan Chase & Co. lowered their price objective on Expeditors International of Washington from $134.00 to $132.00 and set an "underweight" rating on the stock in a research report on Monday, January 12th. Zacks Research cut Expeditors International of Washington from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 14th. Finally, Bank of America raised Expeditors International of Washington from a "neutral" rating to a "buy" rating in a research report on Friday, January 9th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of $135.70.

Expeditors International of Washington Stock Down 1.5%

Shares of NASDAQ:EXPD traded down $2.27 on Wednesday, hitting $150.81. 185,407 shares of the company traded hands, compared to its average volume of 1,427,644. Expeditors International of Washington has a 52 week low of $106.22 and a 52 week high of $167.19. The stock has a 50 day simple moving average of $145.25 and a 200-day simple moving average of $146.49. The company has a market cap of $20.06 billion, a PE ratio of 26.27, a PEG ratio of 5.00 and a beta of 1.04.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The transportation company reported $1.71 earnings per share for the quarter, beating the consensus estimate 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%.During the same quarter in the prior year, the firm earned $1.47 earnings per share. Expeditors International of Washington's quarterly revenue was up 4.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Expeditors International of Washington will post 5.39 earnings per share for the current year.

Hedge Funds Weigh In On Expeditors International of Washington

A number of institutional investors and hedge funds have recently modified their holdings of EXPD. Envestnet Asset Management Inc. lifted its holdings in shares of Expeditors International of Washington by 6.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 993,697 shares of the transportation company's stock worth $121,817,000 after buying an additional 62,500 shares during the period. Allianz Asset Management GmbH raised its position in shares of Expeditors International of Washington by 14.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 565,430 shares of the transportation company's stock worth $69,316,000 after acquiring an additional 69,290 shares in the last quarter. Picton Mahoney Asset Management bought a new position in shares of Expeditors International of Washington in the 3rd quarter worth $1,041,000. Exchange Traded Concepts LLC increased its position in Expeditors International of Washington by 40.1% during the 4th quarter. Exchange Traded Concepts LLC now owns 72,528 shares of the transportation company's stock valued at $10,807,000 after buying an additional 20,755 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in Expeditors International of Washington during the 3rd quarter valued at about $464,000. Hedge funds and other institutional investors own 94.02% of the company's stock.

Expeditors International of Washington News Summary

Here are the key news stories impacting Expeditors International of Washington this week:

• Positive Sentiment: Q1 beat: Expeditors reported EPS of $1.71 vs. the $1.33 consensus and revenue up ~4.4% year-over-year; airfreight tonnage rose ~5% and margins improved, supporting near-term profitability. EXPD Q1 Earnings & Revenues Top Estimates on Airfreight Strength
• Positive Sentiment: Dividend hike & capital returns: Management boosted the dividend and emphasized capital returns, signaling confidence in cash flow and shareholder returns (dividend announced at $0.81/share). Expeditors International Boosts Dividend, Highlights Capital Returns
• Neutral Sentiment: Dividend logistics: Company set a $0.81/share dividend with record date June 1 and payable June 15 (ex-dividend June 1). Investors should confirm payout timing and the company press release for details.
• Negative Sentiment: Operational note: Management flagged a late‑quarter disruption; while margins improved overall, this represents a near-term execution risk that could affect volumes if similar disruptions recur. EXPD Q1 Earnings & Revenues Top Estimates on Airfreight Strength

About Expeditors International of Washington

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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