Expeditors International of Washington (EXPD) Receiving Somewhat Favorable Media Coverage, Analysis Shows

Headlines about Expeditors International of Washington (NASDAQ:EXPD) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Expeditors International of Washington earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 45.8619075498217 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern’s rankings:

A number of research firms have issued reports on EXPD. Barclays reiterated a “buy” rating and set a $70.00 target price on shares of Expeditors International of Washington in a report on Tuesday. BidaskClub cut Expeditors International of Washington from a “sell” rating to a “strong sell” rating in a report on Saturday. Zacks Investment Research cut Expeditors International of Washington from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Goldman Sachs Group began coverage on Expeditors International of Washington in a report on Monday, November 13th. They set a “neutral” rating and a $59.00 target price for the company. Finally, UBS Group increased their target price on Expeditors International of Washington from $48.00 to $56.00 and gave the stock a “sell” rating in a report on Wednesday, November 8th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $60.25.

Shares of Expeditors International of Washington (NASDAQ EXPD) traded up $0.57 during midday trading on Tuesday, hitting $66.05. The stock had a trading volume of 1,081,456 shares, compared to its average volume of 1,047,050. The company has a market cap of $11,750.00, a PE ratio of 27.75, a price-to-earnings-growth ratio of 3.14 and a beta of 0.72. Expeditors International of Washington has a 12 month low of $51.57 and a 12 month high of $66.30.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings data on Tuesday, November 7th. The transportation company reported $0.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.06. The company had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Expeditors International of Washington had a return on equity of 22.32% and a net margin of 6.50%. Expeditors International of Washington’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 EPS. research analysts anticipate that Expeditors International of Washington will post 2.41 EPS for the current year.

The company also recently announced a semiannual dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were paid a $0.42 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a yield of 1.4%. Expeditors International of Washington’s dividend payout ratio (DPR) is currently 35.29%.

In related news, insider Eugene K. Alger sold 10,269 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $60.40, for a total value of $620,247.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.78% of the company’s stock.

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Expeditors International of Washington Company Profile

Expeditors International of Washington, Inc is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.

Insider Buying and Selling by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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