Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Expeditors International of Washington (EXPD) Stock Price

News headlines about Expeditors International of Washington (NASDAQ:EXPD) have been trending somewhat positive this week, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Expeditors International of Washington earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 46.3832072034238 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have impacted Accern’s analysis:

Expeditors International of Washington (NASDAQ EXPD) traded up $0.46 during trading on Monday, reaching $64.93. The company’s stock had a trading volume of 1,970,896 shares, compared to its average volume of 1,127,431. The firm has a market cap of $11,456.50, a PE ratio of 26.98, a price-to-earnings-growth ratio of 3.36 and a beta of 0.72. Expeditors International of Washington has a 12-month low of $51.57 and a 12-month high of $66.01.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings results on Tuesday, November 7th. The transportation company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.60 by $0.06. The firm 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%. The company’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 EPS. equities analysts expect that Expeditors International of Washington will post 2.4 earnings per share for the current year.

The company also recently declared a semiannual dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a $0.42 dividend. The ex-dividend date is Thursday, November 30th. This represents a yield of 1.4%. Expeditors International of Washington’s dividend payout ratio (DPR) is 35.15%.

EXPD has been the subject of several recent analyst reports. Cowen restated a “market perform” rating and set a $54.00 target price (down previously from $55.00) on shares of Expeditors International of Washington in a research note on Thursday, August 10th. Barclays increased their target price on Expeditors International of Washington from $58.00 to $63.00 and gave the company an “overweight” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded Expeditors International of Washington from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a research note on Thursday, November 9th. UBS increased their target price on Expeditors International of Washington from $48.00 to $56.00 and gave the company a “sell” rating in a research note on Wednesday, November 8th. Finally, Goldman Sachs Group initiated coverage on Expeditors International of Washington in a research note on Monday, November 13th. They set a “neutral” rating and a $59.00 target price for the company. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $59.38.

In other Expeditors International of Washington news, insider Eugene K. Alger sold 10,269 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $60.40, for a total value of $620,247.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.78% of the company’s stock.

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About Expeditors International of Washington

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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