Expeditors International of Washington (NASDAQ:EXPD) will post its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Expeditors International of Washington to post earnings of $0.94 per share for the quarter.
EXPD opened at $73.39 on Friday. The company has a fifty day moving average price of $75.60 and a 200-day moving average price of $74.32. The firm has a market capitalization of $12.63 billion, a P/E ratio of 20.27 and a beta of 0.94. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.34 and a quick ratio of 2.34. Expeditors International of Washington has a one year low of $67.97 and a one year high of $81.64.
A number of research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Expeditors International of Washington from a “hold” rating to a “sell” rating and set a $78.00 price target for the company. in a research report on Tuesday, December 3rd. Barclays restated a “hold” rating and set a $81.00 price target on shares of Expeditors International of Washington in a research report on Sunday, January 19th. Cowen reduced their price target on shares of Expeditors International of Washington from $78.00 to $75.00 and set a “market perform” rating for the company in a research report on Tuesday, January 21st. Credit Suisse Group reduced their price target on shares of Expeditors International of Washington from $70.00 to $68.00 and set an “underperform” rating for the company in a research report on Tuesday, January 21st. Finally, BidaskClub upgraded shares of Expeditors International of Washington from a “strong sell” rating to a “sell” rating in a research report on Friday, January 17th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of $72.90.
In related news, CFO Bradley S. Powell sold 17,364 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $76.15, for a total value of $1,322,268.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is currently owned by insiders.
About Expeditors International of Washington
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, including 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, temperature-controlled transit, cargo insurance, and other logistics solutions.
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