Expeditors International Of Washington, Inc. (EXPD) Shares Down Despite Recent Market Volatility

Expeditors International Of Washington, Inc. (NYSE: EXPD) has experienced a decline in its stock price by -0.58 compared to its previous closing price of 120.20. However, the company has seen a fall of -1.86% in its stock price over the last five trading days. zacks.com reported 2024-10-10 that Expeditors International (EXPD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Is It Worth Investing in Expeditors International Of Washington, Inc. (NYSE: EXPD) Right Now?

Expeditors International Of Washington, Inc. (NYSE: EXPD) has a higher price-to-earnings ratio of 25.66x compared to its average ratio, The 36-month beta value for EXPD is at 0.96. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 as “hold,” and 2 as “sell.”

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The public float for EXPD is 140.11M, and currently, shorts hold a 2.39% of that float. The average trading volume for EXPD on October 24, 2024 was 985.29K shares.

EXPD’s Market Performance

EXPD stock saw a decrease of -1.86% in the past week, with a monthly decline of -6.71% and a quarterly a decrease of -4.29%. The volatility ratio for the week is 1.39%, and the volatility levels for the last 30 days are 1.98% for Expeditors International Of Washington, Inc. (EXPD).. The simple moving average for the past 20 days is -2.80% for EXPD’s stock, with a -1.71% simple moving average for the past 200 days.

Analysts’ Opinion of EXPD

Many brokerage firms have already submitted their reports for EXPD stocks, with TD Cowen repeating the rating for EXPD by listing it as a “Sell.” The predicted price for EXPD in the upcoming period, according to TD Cowen is $106 based on the research report published on October 14, 2024 of the current year 2024.

Exane BNP Paribas gave a rating of “Neutral” to EXPD, setting the target price at $112 in the report published on May 14th of the current year.

EXPD Trading at -2.67% 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 -9.19% of loss for the given period.

Volatility was left at 1.98%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares sank -5.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.18% upper at present.

During the last 5 trading sessions, EXPD fell by -1.86%, which changed the moving average for the period of 200-days by -5.36% in comparison to the 20-day moving average, which settled at $122.94. In addition, Expeditors International Of Washington, Inc. saw -6.05% 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 DuBois James M., who sale 3,523 shares at the price of $123.05 back on Jun 14 ’24. After this action, DuBois James M. now owns 19,829 shares of Expeditors International Of Washington, Inc., valued at $433,505 using the latest closing price.

Emmert Mark A, the Director of Expeditors International Of Washington, Inc., sale 8,100 shares at $123.67 during a trade that took place back on Jun 14 ’24, which means that Emmert Mark A is holding 14,085 shares at $1,001,686 based on the most recent closing price.

Stock Fundamentals for EXPD

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.15 for the gross margin

The net margin for Expeditors International Of Washington, Inc. stands at 0.07. The total capital return value is set at 0.33. Equity return is now at value 28.51, with 14.43 for asset returns.

Based on Expeditors International Of Washington, Inc. (EXPD), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 1.32. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 485.32.

Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at -0.77. When we switch over and look at the enterprise to sales, we see a ratio of 1.77. The receivables turnover for the company is 4.94for trailing twelve months and the total asset turnover is 1.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.

Conclusion

In conclusion, Expeditors International Of Washington, Inc. (EXPD) has had a bad performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others 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.

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