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Saturday, June 3, 2023

Today, Expeditors International of Washington Inc. (NASDAQ: EXPD) Takes Center Stage

After Hours

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. 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 $117.67. The Expeditors International of Washington Inc. has recorded 27,871 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Expeditors Announces Semi-Annual Cash Dividend Of $0.69.

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Stocks Info

The company is listed on the NASDAQ and operates within the Integrated Freight & Logistics industry segment. At the end of the last regular session, the stock closed at $117.67 and fluctuated between $118.29 as its day high and $116.91 as its day low. The current market capitalization of Expeditors International of Washington Inc. is $18.06B. A total of 1.42 million shares were traded on the day, compared to an average of 1.27M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, EXPD has seen 17 BUY and 9 SELL insider trades, representing the acquisition of 107,277 and the disposition of 48,284 shares. Over the last 12 months, there were 17 BUYs and 19 SELLs from insiders. Insiders purchased 107,277 shares during that period but sold 90,489.

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

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Expeditors International of Washington Inc. pays an annual dividend of $1.38, resulting in a dividend yield of 1.17%, and it has a price to earnings (P/E) ratio of 15.39. EXPD’s most recent ex-dividend date was 5/31/2023 when it declared a $0.69 quarterly dividend that was paid in cash on 6/15/2023. Previously, the company paid the dividend on 12/15/2022 with an ex-dividend date of 11/30/2022. The EXPD stock dividend was $0.67 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for EXPD in the last 3 months, the mean price target is $99.00 with high estimates of $108.00 and low estimates of $86.00. 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 $1.39 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.67 per share and a lower estimate of $1.18. The company reported an EPS of $1.38 in the last quarter, which was -29.60% lower than expectations of $1.96.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EXPD’s latest balance sheet shows that the firm has $1.73B in Cash & Short Term Investments as of fiscal 2021. There were $467.66M in debt and $3.73B in liabilities at the time. Its Book Value Per Share was $20.41, while its Total Shareholder’s Equity was $3.50B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 2.00.

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