In the past week, EXPD stock has gone down by -3.36%, with a monthly decline of -2.47% and a quarterly plunge of -9.66%. The volatility ratio for the week is 1.60%, and the volatility levels for the last 30 days are 1.66% for Expeditors International Of Washington, Inc. The simple moving average for the last 20 days is -3.82% for EXPD stock, with a simple moving average of -4.70% for the last 200 days.
Is It Worth Investing in Expeditors International Of Washington, Inc. (NYSE: EXPD) Right Now?
Expeditors International Of Washington, Inc. (NYSE: EXPD) has a price-to-earnings ratio that is above its average at 22.88x. The stock has a 36-month beta value of 0.99. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 10 as “hold,” and 2 as “sell.”
The public float for EXPD is 142.90M, and at present, short sellers hold a 5.02% of that float. On April 18, 2024, the average trading volume of EXPD was 1.16M shares.
EXPD) stock’s latest price update
Expeditors International Of Washington, Inc. (NYSE: EXPD)’s stock price has plunge by -1.15relation to previous closing price of 115.67. Nevertheless, the company has seen a -3.36% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-09 that Expeditors’ (EXPD) robust financials support growth through acquisitions and shareholder rewards. However, declining volumes, weak demand and falling rates are major headwinds.
Analysts’ Opinion of EXPD
Many brokerage firms have already submitted their reports for EXPD stocks, with BofA Securities repeating the rating for EXPD by listing it as a “Neutral.” The predicted price for EXPD in the upcoming period, according to BofA Securities is $126 based on the research report published on March 15, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see EXPD reach a price target of $116. The rating they have provided for EXPD stocks is “Underperform” according to the report published on January 11th, 2024.
JP Morgan gave a rating of “Underweight” to EXPD, setting the target price at $110 in the report published on August 11th of the previous year.
EXPD Trading at -5.23% from the 50-Day Moving Average
After a stumble in the market that brought EXPD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.83% of loss for the given period.
Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares sank -2.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.21% lower at present.
During the last 5 trading sessions, EXPD fell by -3.36%, which changed the moving average for the period of 200-days by -5.61% in comparison to the 20-day moving average, which settled at $118.71. In addition, Expeditors International Of Washington, Inc. saw -10.11% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXPD starting from Dickerman Jeffrey F, who sale 2,000 shares at the price of $122.63 back on Mar 07 ’24. After this action, Dickerman Jeffrey F now owns 5,728 shares of Expeditors International Of Washington, Inc., valued at $245,260 using the latest closing price.
Musser Jeffrey S, the President and CEO of Expeditors International Of Washington, Inc., sale 30,041 shares at $111.30 during a trade that took place back on Jun 01 ’23, which means that Musser Jeffrey S is holding 116,587 shares at $3,343,602 based on the most recent closing price.
Stock Fundamentals for EXPD
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.14 for the gross margin
The net margin for Expeditors International Of Washington, Inc. stands at 0.08. The total capital return value is set at 0.33. Equity return is now at value 27.38, with 14.59 for asset returns.
Based on Expeditors International Of Washington, Inc. (EXPD), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 2.0. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 195.82.
Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at -0.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.66. The receivables turnover for the company is 6.07for trailing twelve months and the total asset turnover is 2.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.
Conclusion
To sum up, Expeditors International Of Washington, Inc. (EXPD) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
