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Sunday, April 2, 2023

Analysts Point To Expeditors International of Washington Inc. (NASDAQ: EXPD) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Expeditors International of Washington Inc. (EXPD) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $107.75. The Expeditors International of Washington Inc. has recorded 33,441 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Expeditors Reports Fourth Quarter 2022 EPS of $1.38.

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Stocks Info

As a NASDAQ listed company, EXPD falls under the Industrials sector while operating within the Integrated Freight & Logistics industry segment. At the end of the last regular session, the stock closed at $107.75 and fluctuated between $109.08 as its day high and $105.00 as its day low. The current market capitalization of Expeditors International of Washington Inc. is $17.09B. A total of 2.01 million shares were traded on the day, compared to an average of 1.46M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, EXPD has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 59 BUYs and 36 SELLs from insiders. Insiders purchased 72,171 shares during that period but sold 63,920.

In the most recent transaction, Musser Jeffrey S sold 10,000 shares of EXPD for 109.76 per share on Mar 08. After the transaction, the President and CEO now owns 137,309 company shares. In a previous transaction on Nov 16, ALGER EUGENE K sold 11,500 shares at 113.43 per share. EXPD shares that President Global Services owns now total 17,879.

Among the insiders who sold shares, POWELL BRADLEY S disposed of 17,206 shares on Nov 09 at a per-share price of $106.23. This resulted in the Senior VP – CFO holding 0 shares of EXPD after the transaction. In another insider transaction, Dickerman Jeffrey F sold 986 shares at $106.59 per share on Nov 09. Company shares held by the Senior VP/Gen Counsel/Corp Sec now total 1,770.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Expeditors International of Washington Inc. pays an annual dividend of $1.34, resulting in a dividend yield of 1.24%, and it has a price to earnings (P/E) ratio of 13.08. EXPD’s most recent ex-dividend date was 11/30/2022 when it declared a $0.67 quarterly dividend that was paid in cash on 12/15/2022. Previously, the company paid the dividend on 6/15/2022 with an ex-dividend date of 5/31/2022. The EXPD stock dividend was $0.67 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for EXPD in the last 3 months, the mean price target is $97.25 with high estimates of $109.00 and low estimates of $87.00. In terms of 52-week highs and lows, EXPD has a high of $119.90 and a low of $86.08.

As of this writing, EXPD has an earnings estimate of $1.96 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $2.24 per share and a lower estimate of $1.7. The company reported an EPS of $2.27 in the last quarter, which was 6.60% higher than expectations of $2.13.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EXPD is Underweight with a score of 2.14. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 6 thought it should be Sold.

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