Expeditors International of Washington (EXPD) Reaches New 1-Year High and Low at $73.89

Expeditors International of Washington (NASDAQ:EXPD) reached a new 52-week high and low during mid-day trading on Tuesday . The company traded as low as $73.89 and last traded at $73.53, with a volume of 29585 shares trading hands. The stock had previously closed at $73.30.

EXPD has been the topic of a number of recent analyst reports. Credit Suisse Group boosted their price target on shares of Expeditors International of Washington from $63.00 to $67.00 and gave the company an “underperform” rating in a report on Wednesday, May 9th. ValuEngine upgraded shares of Expeditors International of Washington from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Stifel Nicolaus boosted their price target on shares of Expeditors International of Washington from $65.00 to $72.00 and gave the company a “hold” rating in a report on Wednesday, May 9th. Morgan Stanley restated an “equal weight” rating and set a $55.00 price target (up previously from $51.00) on shares of Expeditors International of Washington in a report on Monday, February 26th. Finally, Zacks Investment Research lowered shares of Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Friday, February 9th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $65.63.

The stock has a market cap of $12.81 billion, a P/E ratio of 29.66, a P/E/G ratio of 2.98 and a beta of 0.70.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings data on Tuesday, May 8th. The transportation company reported $0.76 EPS for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.11. Expeditors International of Washington had a net margin of 7.36% and a return on equity of 24.84%. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the previous year, the firm posted $0.51 earnings per share. The firm’s revenue was up 20.0% on a year-over-year basis. research analysts expect that Expeditors International of Washington will post 3.07 EPS for the current fiscal year.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, June 15th. Investors of record on Friday, June 1st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, May 31st. This is an increase from Expeditors International of Washington’s previous Semi-Annual dividend of $0.42. This represents a yield of 1.26%. Expeditors International of Washington’s payout ratio is presently 33.87%.

In other Expeditors International of Washington news, VP Christopher J. Mcclincy sold 2,437 shares of the business’s stock in a transaction that occurred on Tuesday, May 15th. The shares were sold at an average price of $72.11, for a total value of $175,732.07. Following the completion of the sale, the vice president now directly owns 16,754 shares of the company’s stock, valued at $1,208,130.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Emmert sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $64.72, for a total transaction of $388,320.00. Following the completion of the sale, the director now directly owns 17,769 shares of the company’s stock, valued at $1,150,009.68. The disclosure for this sale can be found here. Insiders have sold 36,850 shares of company stock worth $2,460,034 over the last ninety days. 0.99% of the stock is currently owned by insiders.

A number of hedge funds have recently bought and sold shares of EXPD. Old Mutual Global Investors UK Ltd. bought a new stake in Expeditors International of Washington in the fourth quarter worth approximately $103,000. Icon Wealth Partners LLC bought a new stake in Expeditors International of Washington in the fourth quarter worth approximately $106,000. Pinebridge Investments L.P. bought a new stake in Expeditors International of Washington in the fourth quarter worth approximately $137,000. DF Dent & Co. Inc. bought a new stake in Expeditors International of Washington in the fourth quarter worth approximately $203,000. Finally, Atria Investments LLC bought a new stake in Expeditors International of Washington in the first quarter worth approximately $203,000. 92.16% of the stock is owned by institutional investors.

Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, such as ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, cargo insurance, cargo monitoring and tracking, and other logistics solutions.

Receive News & Ratings for Expeditors International of Washington Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expeditors International of Washington and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Brokerages Set ArcelorMittal SA  PT at $36.50
Brokerages Set ArcelorMittal SA PT at $36.50
Virtu Financial  Receives Consensus Rating of “Hold” from Brokerages
Virtu Financial Receives Consensus Rating of “Hold” from Brokerages
Alpha and Omega Semiconductor Ltd  Receives $21.75 Average PT from Analysts
Alpha and Omega Semiconductor Ltd Receives $21.75 Average PT from Analysts
Bibox Token Price Tops $1.26 on Major Exchanges
Bibox Token Price Tops $1.26 on Major Exchanges
PHI Token  Trading 37.8% Higher  Over Last Week
PHI Token Trading 37.8% Higher Over Last Week
PowerShares DWA Emerging Markets Momentum Portfolio  Receives Media Sentiment Rating of 0.16
PowerShares DWA Emerging Markets Momentum Portfolio Receives Media Sentiment Rating of 0.16


© 2006-2018 Ticker Report. Google+.