Expeditors International of Washington, Inc. (EXPD) Stock Analysis
Publication Date: September 22, 2024
Company Overview
Expeditors International of Washington, Inc. (EXPD), headquartered in Seattle, Washington, operates in the Industrials sector within the Integrated Freight & Logistics industry. Since its inception in 1979, the company has established itself as a leader in global logistics services, providing a comprehensive suite of solutions including air and ocean freight, customs brokerage, and supply chain management. Catering to various sectors such as retail, technology, and manufacturing, Expeditors focuses on enhancing supply chain efficiency through services like cargo tracking, temperature-controlled transit, and trade compliance consulting. With an impressive total revenue of approximately $9.11 billion, Expeditors demonstrates robust financial performance and a commanding market presence.
Financial Performance and Market Position
Currently priced at $123.18, EXPD’s stock is strategically positioned between a targeted high of $137.00 and a mean target price of $116.17, indicating potential for future appreciation. This valuation is supported by a solid operational scale, with revenue reflecting significant profitability. Analyst sentiment appears cautiously optimistic, as evidenced by a “hold” recommendation with a mean score of 3.3 based on 12 analyst opinions. The relatively low short interest of 0.0295 percent of the share float suggests investor confidence, with only 3,136,785 of the 141,128,000 shares being shorted.
In terms of price trajectory, the stock remains above its fifty-day moving average of $121.92, confirming a favorable short-term trend. Additionally, with a fifty-two week high of $131.17 and a low of $107.03, EXPD has experienced substantial upward momentum over the past year, reflecting a positive market outlook for future growth.
Analyst Recommendations and Future Outlook
While current market dynamics suggest a careful approach to investing in EXPD, the company’s growth potential remains appealing, outlined by the target high price of $137.00. Analysts recommend maintaining current holdings rather than pursuing additional purchases at this time, signaling awareness of market conditions that may influence price fluctuations. The considerable operational efficiency, though lacking specific EBITDA data, coupled with a stable share liquidity environment, sets a positive tone for the company moving forward.
In summary, Expeditors International of Washington, Inc. presents a compelling case for cautious investment, driven by a solid financial foundation, positive market trends, and analyst confidence, positioning it well in the logistics industry.
| Metric | Value |
|---|---|
| Market Cap | $17.4b |
| Total Debt | $553.0m |
| Total Cash | $1.3b |
| Shares Outstanding | 141.1m |
| Float Shares | 140.0m |
Disclaimer:
The information provided in this monthly report is for informational purposes only and should not be construed as financial, investment, or trading advice. AltStation.io does not guarantee the accuracy, completeness, or timeliness of the data and analyses presented. The content is based on publicly available information, and while we strive to ensure its accuracy, errors and omissions may occur.
Investing in stocks, cryptocurrencies, and other financial instruments involves significant risk, including the potential loss of principal. Past performance is not indicative of future results. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. AltStation.io and its affiliates are not responsible for any losses incurred as a result of using this report.
By using this report, you acknowledge that you understand and accept these terms.