NASDAQ:EXPD

Expeditors International of Washington (EXPD) Stock Price, News & Analysis

$113.17
-0.92 (-0.81%)
(As of 04/23/2024 ET)
Today's Range
$113.00
$114.82
50-Day Range
$113.17
$125.99
52-Week Range
$106.43
$131.17
Volume
1.39 million shs
Average Volume
1.18 million shs
Market Capitalization
$16.06 billion
P/E Ratio
22.63
Dividend Yield
1.22%
Price Target
$108.63

Expeditors International of Washington MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.57 Rating Score
Upside/​Downside
4.0% Downside
$108.63 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.71mentions of Expeditors International of Washington in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$245,260 Sold Last Quarter
Proj. Earnings Growth
9.26%
From $4.75 to $5.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.37 out of 5 stars

Transportation Sector

85th out of 110 stocks

Freight Transportation Arrangement Industry

5th out of 5 stocks

EXPD stock logo

About Expeditors International of Washington Stock (NASDAQ:EXPD)

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. It also provides optimization, trade compliance consulting, cargo security, and solutions. In addition, it acts as a freight consolidator or as an agent for the airline that carries the shipment. Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, and the preparation of documentation to comply with local import and export laws. Its customers include retailing and wholesaling, electronics, technology, and industrial and manufacturing companies. The company was incorporated in 1979 and is headquartered in Seattle, Washington.

EXPD Stock Price History

EXPD Stock News Headlines

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EXPD Apr 2024 135.000 call
EXPD Apr 2024 90.000 put
EXPD Apr 2024 110.000 call
Expeditors International of Washington Inc
Expeditors' (EXPD) Q4 Earnings Lag Estimates, Decline Y/Y
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Freight transportation arrangement
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:EXPD
CUSIP
30213010
Employees
18,000
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$108.63
High Stock Price Target
$126.00
Low Stock Price Target
$84.00
Potential Upside/Downside
-4.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.57
Research Coverage
7 Analysts

Profitability

Net Income
$752.88 million
Pretax Margin
10.91%

Debt

Sales & Book Value

Annual Sales
$9.30 billion
Cash Flow
$5.57 per share
Book Value
$16.45 per share

Miscellaneous

Free Float
140,819,000
Market Cap
$16.06 billion
Optionable
Optionable
Beta
0.99

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Should I Buy Expeditors International of Washington Stock? EXPD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Expeditors International of Washington, Inc.:

  • Expeditors International has a strong presence in the logistics industry, offering a wide range of services globally, including airfreight, ocean freight, customs brokerage, and warehousing.
  • The company has a history of steady growth and profitability, attracting institutional investors like Wellington Management Group LLP and Goldman Sachs Group Inc.
  • Expeditors International's focus on trade compliance consulting and cargo security provides added value to its customers and enhances its competitive position.
  • With a diverse customer base spanning various industries, including retail, electronics, and technology, the company has built a resilient business model.
  • Despite recent analyst price target adjustments, Expeditors International's stock has shown resilience, indicating potential stability in the market.

Cons

Investors should be bearish about investing in Expeditors International of Washington, Inc. for these reasons:

  • Some analysts have issued sell ratings on Expeditors International's stock, indicating potential concerns about its performance or market conditions.
  • Recent price target adjustments by analysts, such as Morgan Stanley and JPMorgan Chase & Co., suggest a cautious outlook on the company's stock performance.
  • Market sentiment towards Expeditors International may be influenced by factors like global trade dynamics, economic uncertainties, and industry competition.
  • While the company has a strong customer base, fluctuations in demand from key sectors could impact its revenue and profitability.
  • Investors should closely monitor industry trends, regulatory changes, and geopolitical developments that could affect Expeditors International's operations and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Expeditors International of Washington pros and cons to contact@marketbeat.com.

EXPD Stock Analysis - Frequently Asked Questions

Should I buy or sell Expeditors International of Washington stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Expeditors International of Washington in the last twelve months. There are currently 3 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" EXPD shares.
View EXPD analyst ratings
or view top-rated stocks.

What is Expeditors International of Washington's stock price target for 2024?

7 Wall Street research analysts have issued 1 year price objectives for Expeditors International of Washington's shares. Their EXPD share price targets range from $84.00 to $126.00. On average, they predict the company's stock price to reach $108.63 in the next twelve months. This suggests that the stock has a possible downside of 4.0%.
View analysts price targets for EXPD
or view top-rated stocks among Wall Street analysts.

How have EXPD shares performed in 2024?

Expeditors International of Washington's stock was trading at $127.20 at the beginning of 2024. Since then, EXPD shares have decreased by 11.0% and is now trading at $113.17.
View the best growth stocks for 2024 here
.

When is Expeditors International of Washington's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our EXPD earnings forecast
.

How were Expeditors International of Washington's earnings last quarter?

Expeditors International of Washington, Inc. (NASDAQ:EXPD) released its earnings results on Tuesday, February, 20th. The transportation company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.21 by $0.12. The transportation company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.32 billion. Expeditors International of Washington had a trailing twelve-month return on equity of 28.43% and a net margin of 8.10%. Expeditors International of Washington's revenue was down 33.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.38 EPS.

How often does Expeditors International of Washington pay dividends? What is the dividend yield for Expeditors International of Washington?

Expeditors International of Washington announced a Semi-Annual dividend on Monday, November 6th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.69 per share on Friday, December 15th. This represents a dividend yield of 1.2%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for EXPD
.

Is Expeditors International of Washington a good dividend stock?

Expeditors International of Washington (NASDAQ:EXPD) pays an annual dividend of $1.38 per share and currently has a dividend yield of 1.20%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EXPD will have a dividend payout ratio of 26.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EXPD.

What is Jeffrey S. Musser's approval rating as Expeditors International of Washington's CEO?

403 employees have rated Expeditors International of Washington Chief Executive Officer Jeffrey S. Musser on Glassdoor.com. Jeffrey S. Musser has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Expeditors International of Washington own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Expeditors International of Washington investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), AbbVie (ABBV), Intel (INTC), Walmart (WMT), Abbott Laboratories (ABT), RTX (RTX), Cisco Systems (CSCO), Pfizer (PFE) and Procter & Gamble (PG).

Who are Expeditors International of Washington's major shareholders?

Expeditors International of Washington's stock is owned by a variety of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.31%), Summit Trail Advisors LLC (0.26%), Everett Harris & Co. CA (0.23%), Raymond James & Associates (0.19%), Confluence Investment Management LLC (0.13%) and Azzad Asset Management Inc. ADV (0.03%). Insiders that own company stock include Benjamin G Clark, Bradley S Powell, Christopher J Mcclincy, Christopher J Mcclincy, Daniel R Wall, Eugene K Alger, Glenn M Alger, Jeffrey F Dickerman, Jeffrey F Dickerman, Jeffrey S Musser, Richard H Rostan, Robert R Wright and Robert R Wright.
View institutional ownership trends
.

How do I buy shares of Expeditors International of Washington?

Shares of EXPD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Expeditors International of Washington have any subsidiaries?
The following companies are subsidiares of Expeditors International of Washington: Beijing Kang Jie Kong International Cargo Agent Co. Ltd., Cargo Signal Solutions LLC, E.I. Freight (U.S.A.) Inc., EIF Sdn Bhd, Expeditors (Bangladesh) Ltd., Expeditors (China) Co. Ltd., Expeditors (Malaysia) Sdn Bhd, Expeditors (Portugal) Transitarios Internacionais Lda., Expeditors (Thailand) Ltd. (2), Expeditors Aduanas Peru S.A.C., Expeditors Argentina S.A., Expeditors Assurance of Vermont Inc., Expeditors Cambodia Ltd., Expeditors Canada Inc., Expeditors Cargo Insurance Brokers Agente de Seguros S.A. de C.V., Expeditors Cargo Insurance Brokers B.V., Expeditors Cargo Insurance Brokers Inc., Expeditors Chile Transportes Internacionales Limitada, Expeditors Denmark ApS, Expeditors Dominicana SAS, Expeditors Egypt S.A.E., Expeditors Finland Oy, Expeditors Guatemala S.A., Expeditors Hong Kong Limited, Expeditors International (India) Pvt. Ltd., Expeditors International (NZ) Ltd., Expeditors International (Puerto Rico) Inc., Expeditors International (UK) Ltd., Expeditors International - Lebanon (s.a.l.), Expeditors International B.V., Expeditors International Bahrain (SPC), Expeditors International CR s.r.o., Expeditors International Cargo Co. Ltd., Expeditors International Company W.L.L., Expeditors International E.I. (Switzerland) Sagl, Expeditors International España S.A., Expeditors International Forwarding and Clearing (Abu Dhabi) LLC, Expeditors International Forwarding and Clearing LLC, Expeditors International France S.A.S., Expeditors International GmbH, Expeditors International Hellas A.E., Expeditors International Hungary Kft, Expeditors International Italia srl, Expeditors International NV, Expeditors International Norway AS, Expeditors International Ocean Inc., Expeditors International Pakistan (Private) Limited, Expeditors International Pty. Limited, Expeditors International Romania S.R.L., Expeditors International SA (Proprietary) Limited, Expeditors International Sverige AB, Expeditors International Tasimacilik ve Ticaret, Expeditors International Trading (Shanghai) Co. Ltd., Expeditors International de Mexico S.A. de C.V., Expeditors International de Uruguay S.A., Expeditors International do Brasil Ltda., Expeditors International-Jordan, Expeditors Ireland Limited, Expeditors Japan KK, Expeditors Korea Ltd., Expeditors LLC, Expeditors Lithuania UAB, Expeditors Mar y Tierra S.A., Expeditors Panama Logistics Services Inc., Expeditors Peru SAC, Expeditors Philippines Inc., Expeditors Polska Sp. z o. o., Expeditors Qatar LLC, Expeditors Singapore Pte Ltd, Expeditors Speditionsges.m.b.H., Expeditors Taiwan Co. Ltd., Expeditors TradeWin LLC, Expeditors Vietnam Company Limited, Expeditors de Colombia Ltda., Fleet, and P.T. Expeditors Indonesia.
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This page (NASDAQ:EXPD) was last updated on 4/23/2024 by MarketBeat.com Staff

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