Expeditors International of Washington Inc. [NASDAQ: EXPD] traded at a high on 06/12/20, posting a 0.04 gain after which it closed the day’ session at $73.57. The results of the trading session contributed to over 1002618 shares changing hands. Over the past one week, the price volatility of Expeditors International of Washington Inc. stands at 3.07% while the volatility over the past one month is 2.42%.
The market cap for EXPD stock reached $12.24 billion, with 168.74 million shares outstanding and 165.34 million shares in the current float. Compared to the average trading volume of 1.68M shares, EXPD reached a trading volume of 1002618 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Expeditors International of Washington Inc. [EXPD]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXPD shares is $72.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXPD stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cowen have made an estimate for Expeditors International of Washington Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on May 06, 2020. While these analysts kept the previous recommendation, Cowen raised their target price from $75 to $77. The new note on the price target was released on February 19, 2020, representing the official price target for Expeditors International of Washington Inc. stock. Previously, the target price had yet another drop from $78 to $75, while Cowen kept a Market Perform rating on EXPD stock. On October 02, 2019, analysts decreased their price target for EXPD shares from 78 to 72.
The Average True Range (ATR) for Expeditors International of Washington Inc. is set at 2.04, with the Price to Sales ratio for EXPD stock in the period of the last 12 months amounting to 1.52. The Price to Book ratio for the last quarter was 6.10, with the Price to Cash per share for the same quarter was set at 6.68. Price to Free Cash Flow for EXPD in the course of the last twelve months was 23.61 with Quick ratio for the last quarter at 2.30.
How has EXPD stock performed recently?
Expeditors International of Washington Inc. [EXPD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.58. With this latest performance, EXPD shares gained by 0.37% in over the last four-week period, additionally sinking by -1.16% over the last 6 months – not to mention a drop of -1.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EXPD stock in for the last two-week period is set at 45.77, with the RSI for the last a single of trading hit 37.44, and the three-weeks RSI is set at 49.00 for Expeditors International of Washington Inc. [EXPD]. The present Moving Average for the last 50 days of trading for this stock 72.94, while it was recorded at 76.22 for the last single week of trading, and 73.10 for the last 200 days.
Expeditors International of Washington Inc. [EXPD]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Expeditors International of Washington Inc. [EXPD] shares currently have an operating margin of +9.38 and a Gross Margin at +14.23. Expeditors International of Washington Inc.’s Net Margin is presently recorded at +7.22.
Return on Total Capital for EXPD is now 33.50, given the latest momentum, and Return on Invested Capital for the company is 26.19. Return on Equity for this stock inclined to 28.24, with Return on Assets sitting at 16.58. When it comes to the capital structure of this company, Expeditors International of Washington Inc. [EXPD] has a Total Debt to Total Equity ratio set at 17.85. Additionally, EXPD Total Debt to Total Capital is recorded at 15.14, with Total Debt to Total Assets ending up at 10.37. Long-Term Debt to Equity for the company is recorded at 14.87, with the Long-Term Debt to Total Capital now at 12.62.
Reflecting on the efficiency of the workforce at the company, Expeditors International of Washington Inc. [EXPD] managed to generate an average of $32,800 per employee. Receivables Turnover for the company is 5.64 with a Total Asset Turnover recorded at a value of 2.30.Expeditors International of Washington Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.30 and a Current Ratio set at 2.30.
Earnings analysis for Expeditors International of Washington Inc. [EXPD]
With the latest financial reports released by the company, Expeditors International of Washington Inc. posted 0.88/share EPS, while the average EPS was predicted by analysts to be reported at 0.81/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EXPD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Expeditors International of Washington Inc. go to 4.43%.
Insider trade positions for Expeditors International of Washington Inc. [EXPD]
There are presently around $11,782 million, or 96.60% of EXPD stock, in the hands of institutional investors. The top three institutional holders of EXPD stocks are: VANGUARD GROUP INC with ownership of 21,356,991, which is approximately 0.648% of the company’s market cap and around 0.20% of the total institutional ownership; LOOMIS SAYLES & CO L P, holding 15,494,817 shares of the stock with an approximate value of $1.14 billion in EXPD stocks shares; and BLACKROCK INC., currently with $1.13 billion in EXPD stock with ownership of nearly 4.538% of the company’s market capitalization.
251 institutional holders increased their position in Expeditors International of Washington Inc. [NASDAQ:EXPD] by around 15,146,352 shares. Additionally, 308 investors decreased positions by around 17,377,954 shares, while 88 investors held positions by with 127,621,534 shares. The mentioned changes placed institutional holdings at 160,145,840 shares, according to the latest SEC report filing. EXPD stock had 47 new institutional investments in for a total of 4,322,789 shares, while 70 institutional investors sold positions of 2,425,630 shares during the same period.