Expeditors International Of Washington, Inc. (EXPD) – Don’t Be So Quick to Call it Dead

Expeditors International Of Washington, Inc. (NYSE: EXPD) is -0.02% lower on its value in year-to-date trading and has touched a low of $102.89 and a high of $131.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EXPD stock was last observed hovering at around $127.61 in the last trading session, with the day’s loss setting it -0.43%.

Currently trading at $127.18, the stock is 0.12% and 1.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing -0.34% at the moment leaves the stock 7.15% off its SMA200. EXPD registered 11.59% gain for a year compared to 6-month gain of 8.36%. The firm has a 50-day simple moving average (SMA 50) of $1.66 and a 200-day simple moving average (SMA200) of $14.38.

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The stock witnessed a 3.52% loss in the last 1 month and extending the period to 3 months gives it a 15.20%, and is 2.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.01% over the week and 2.03% over the month.

Expeditors International Of Washington, Inc. (EXPD) has around 19900 employees, a market worth around $18.49B and $10.46B in sales. Current P/E ratio is 24.03 and Fwd P/E is 26.12. Profit margin for the company is 7.77%. Distance from 52-week low is 23.61% and -3.04% from its 52-week high. The company has generated returns on investments over the last 12 months (27.96%).

Expeditors International Of Washington, Inc. quarterly earnings per share for the current quarter are estimated at $1.23 with sales reaching $2.31B over the same period.The EPS is expected to shrink by -37.90% this year, but quarterly earnings will post -45.20% year-over-year. Quarterly sales are estimated to shrink -32.90% in year-over-year returns.

1,158 institutions hold shares in Expeditors International Of Washington, Inc. (EXPD), with institutional investors hold 100.55% of the company’s shares. The shares outstanding are 154.31M, and float is at 144.40M with Short Float at 3.11%. Institutions hold 99.87% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 18.95 million shares valued at $2.3 billion. The investor’s holdings represent 12.81% of the EXPD Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 18.26 million shares valued at $2.21 billion to account for 12.35% of the shares outstanding. The other top investors are State Street Corporation which holds 8.28 million shares representing 5.60% and valued at over $1.0 billion, while Loomis Sayles & Company, LP holds 4.35% of the shares totaling 6.44 million with a market value of $779.51 million.

Expeditors International Of Washington, Inc. (EXPD) Insider Activity

A total of 0 insider transactions have happened at Expeditors International Of Washington, Inc. (EXPD) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Musser Jeffrey S, the company’s President and CEO. SEC filings show that Musser Jeffrey S sold 30,041 shares of the company’s common stock on Jun 01 at a price of $111.30 per share for a total of $3.34 million. Following the sale, the insider now owns 0.12 million shares.

Expeditors International Of Washington, Inc. disclosed in a document filed with the SEC on May 08 that Dickerman Jeffrey F (Senior VP/Gen Counsel/Corp Sec) sold a total of 1,608 shares of the company’s common stock. The trade occurred on May 08 and was made at $117.89 per share for $0.19 million. Following the transaction, the insider now directly holds 5484.0 shares of the EXPD stock.

Still, SEC filings show that on May 05, POWELL BRADLEY S (Senior VP – CFO) disposed off 12,138 shares at an average price of $118.01 for $1.43 million. The insider now directly holds 0 shares of Expeditors International Of Washington, Inc. (EXPD).

Expeditors International Of Washington, Inc. (EXPD): Who are the competitors?

One of the company’s main competitors (and peers) include J.B. Hunt Transport Services Inc. (JBHT) that is trading 11.95% up over the past 12 months.United Airlines Holdings Inc. (UAL) is -16.46% down on the 1-year trading charts.