Brokers Offer Predictions for Expeditors International of Washington, Inc.'s Q4 2024 Earnings (NASDAQ:EXPD)

Expeditors International of Washington, Inc. (NASDAQ:EXPD - Free Report) - Equities research analysts at Zacks Research lifted their Q4 2024 earnings per share (EPS) estimates for Expeditors International of Washington in a research note issued on Thursday, April 4th. Zacks Research analyst R. Department now anticipates that the transportation company will post earnings of $1.22 per share for the quarter, up from their prior estimate of $1.20. The consensus estimate for Expeditors International of Washington's current full-year earnings is $4.71 per share. Zacks Research also issued estimates for Expeditors International of Washington's Q3 2025 earnings at $1.28 EPS, Q4 2025 earnings at $1.34 EPS, FY2025 earnings at $5.07 EPS and Q1 2026 earnings at $1.22 EPS.

EXPD has been the topic of a number of other research reports. Bank of America started coverage on Expeditors International of Washington in a research report on Friday, March 15th. They set a "neutral" rating and a $126.00 target price on the stock. BNP Paribas cut Expeditors International of Washington from a "neutral" rating to an "underperform" rating and set a $116.00 price target on the stock. in a research report on Thursday, January 11th. JPMorgan Chase & Co. dropped their price target on Expeditors International of Washington from $111.00 to $108.00 and set an "underweight" rating on the stock in a research report on Tuesday, January 9th. Finally, Stifel Nicolaus boosted their price target on Expeditors International of Washington from $114.00 to $117.00 and gave the company a "hold" rating in a research report on Wednesday, January 10th. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $108.75.

Expeditors International of Washington Price Performance

Shares of EXPD traded up $1.25 during midday trading on Friday, reaching $117.40. 789,592 shares of the stock were exchanged, compared to its average volume of 1,161,476. The business's 50-day moving average price is $121.91 and its 200 day moving average price is $120.39. Expeditors International of Washington has a twelve month low of $104.68 and a twelve month high of $131.17. The company has a market capitalization of $16.66 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 8.77 and a beta of 0.99.

Expeditors International of Washington (NASDAQ:EXPD - Get Free Report) last posted its earnings results on Tuesday, February 20th. The transportation company reported $1.09 EPS for the quarter, missing analysts' consensus estimates of $1.21 by ($0.12). Expeditors International of Washington had a return on equity of 28.43% and a net margin of 8.10%. The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the firm posted $1.38 EPS. The firm's revenue for the quarter was down 33.8% on a year-over-year basis.

Insiders Place Their Bets

In other Expeditors International of Washington news, VP Jeffrey F. Dickerman sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $122.63, for a total transaction of $245,260.00. Following the transaction, the vice president now owns 5,728 shares in the company, valued at approximately $702,424.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.69% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Expeditors International of Washington

Several institutional investors and hedge funds have recently added to or reduced their stakes in EXPD. Capital Analysts LLC boosted its stake in shares of Expeditors International of Washington by 0.6% during the 4th quarter. Capital Analysts LLC now owns 14,137 shares of the transportation company's stock worth $1,798,000 after acquiring an additional 80 shares in the last quarter. IMPACTfolio LLC boosted its stake in shares of Expeditors International of Washington by 4.4% during the 4th quarter. IMPACTfolio LLC now owns 1,949 shares of the transportation company's stock worth $248,000 after acquiring an additional 82 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in shares of Expeditors International of Washington by 3.6% during the 2nd quarter. Bleakley Financial Group LLC now owns 2,492 shares of the transportation company's stock worth $302,000 after acquiring an additional 87 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in shares of Expeditors International of Washington by 53.8% during the 1st quarter. First Horizon Advisors Inc. now owns 263 shares of the transportation company's stock worth $29,000 after acquiring an additional 92 shares in the last quarter. Finally, Verition Fund Management LLC boosted its stake in shares of Expeditors International of Washington by 1.7% during the 4th quarter. Verition Fund Management LLC now owns 5,647 shares of the transportation company's stock worth $718,000 after acquiring an additional 92 shares in the last quarter. Institutional investors and hedge funds own 94.02% of the company's stock.

About Expeditors International of Washington

Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.