Expeditors International of Washington (NASDAQ:EXPD) Receiving Somewhat Favorable News Coverage, Analysis Finds

News articles about Expeditors International of Washington (NASDAQ:EXPD) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Expeditors International of Washington earned a news impact score of 0.21 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 47.3252529168091 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

EXPD has been the subject of several research reports. Cowen and Company reaffirmed a “market perform” rating and issued a $54.00 price target (down from $55.00) on shares of Expeditors International of Washington in a report on Thursday. Vertical Research reaffirmed a “hold” rating and issued a $63.00 price target on shares of Expeditors International of Washington in a report on Thursday, April 13th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Expeditors International of Washington in a report on Thursday, July 6th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Expeditors International of Washington in a report on Tuesday, July 11th. Finally, BidaskClub lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Monday, July 31st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. Expeditors International of Washington currently has an average rating of “Hold” and an average target price of $56.60.

Shares of Expeditors International of Washington (NASDAQ:EXPD) opened at 54.74 on Friday. The company has a market capitalization of $9.83 billion, a P/E ratio of 23.70 and a beta of 0.65. The company has a 50-day moving average of $57.55 and a 200 day moving average of $55.70. Expeditors International of Washington has a 12 month low of $47.23 and a 12 month high of $59.90.

Expeditors International of Washington (NASDAQ:EXPD) last posted its earnings results on Tuesday, August 8th. The transportation company reported $0.60 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. Expeditors International of Washington had a net margin of 6.54% and a return on equity of 22.03%. The business had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Analysts forecast that Expeditors International of Washington will post $2.34 EPS for the current year.

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About Expeditors International of Washington

Expeditors International of Washington, Inc is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.

Insider Buying and Selling by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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