Susquehanna Increases Expeditors International of Washington (NASDAQ:EXPD) Price Target to $156.00

Expeditors International of Washington (NASDAQ:EXPD) had its target price lifted by stock analysts at Susquehanna from $142.00 to $156.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the transportation company’s stock. Susquehanna’s target price indicates a potential upside of 3.44% from the stock’s current price.

EXPD has been the topic of several other reports. Bank of America raised Expeditors International of Washington from a “neutral” rating to a “buy” rating in a report on Friday, January 9th. Truist Financial dropped their target price on Expeditors International of Washington from $160.00 to $140.00 and set a “hold” rating on the stock in a report on Wednesday, February 25th. Wolfe Research raised Expeditors International of Washington from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. Zacks Research lowered Expeditors International of Washington from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Barclays increased their price target on Expeditors International of Washington from $110.00 to $135.00 and gave the stock an “underweight” rating in a research report on Thursday, January 15th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Expeditors International of Washington currently has an average rating of “Reduce” and a consensus target price of $135.70.

Expeditors International of Washington Trading Down 1.5%

Shares of EXPD stock traded down $2.27 during mid-day trading on Wednesday, reaching $150.81. The stock had a trading volume of 185,407 shares, compared to its average volume of 1,427,644. The business’s fifty day moving average is $145.25 and its 200-day moving average is $146.49. The firm has a market cap of $20.06 billion, a price-to-earnings ratio of 26.27, a PEG ratio of 5.00 and a beta of 1.04. Expeditors International of Washington has a 1-year low of $106.22 and a 1-year high of $167.19.

Expeditors International of Washington (NASDAQ:EXPD) last announced its quarterly earnings data on Tuesday, May 5th. The transportation company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.38. Expeditors International of Washington had a return on equity of 36.16% and a net margin of 7.64%.During the same period last year, the firm earned $1.47 EPS. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. On average, analysts forecast that Expeditors International of Washington will post 5.39 earnings per share for the current year.

Hedge Funds Weigh In On Expeditors International of Washington

Several hedge funds and other institutional investors have recently made changes to their positions in EXPD. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Expeditors International of Washington by 733.9% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,887,853 shares of the transportation company’s stock valued at $231,432,000 after acquiring an additional 1,661,457 shares in the last quarter. Southpoint Capital Advisors LP acquired a new stake in shares of Expeditors International of Washington in the fourth quarter valued at approximately $201,164,000. Norges Bank acquired a new stake in shares of Expeditors International of Washington in the fourth quarter valued at approximately $180,719,000. Balyasny Asset Management L.P. acquired a new stake in shares of Expeditors International of Washington in the third quarter valued at approximately $113,194,000. Finally, Wellington Management Group LLP increased its stake in Expeditors International of Washington by 64.1% during the third quarter. Wellington Management Group LLP now owns 1,920,927 shares of the transportation company’s stock worth $235,486,000 after acquiring an additional 749,993 shares during the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Key Expeditors International of Washington News

Here are the key news stories impacting Expeditors International of Washington this week:

• Positive Sentiment: Q1 beat: Expeditors reported EPS of $1.71 vs. the $1.33 consensus and revenue up ~4.4% year-over-year; airfreight tonnage rose ~5% and margins improved, supporting near-term profitability. EXPD Q1 Earnings & Revenues Top Estimates on Airfreight Strength
• Positive Sentiment: Dividend hike & capital returns: Management boosted the dividend and emphasized capital returns, signaling confidence in cash flow and shareholder returns (dividend announced at $0.81/share). Expeditors International Boosts Dividend, Highlights Capital Returns
• Neutral Sentiment: Dividend logistics: Company set a $0.81/share dividend with record date June 1 and payable June 15 (ex-dividend June 1). Investors should confirm payout timing and the company press release for details.
• Negative Sentiment: Operational note: Management flagged a late‑quarter disruption; while margins improved overall, this represents a near-term execution risk that could affect volumes if similar disruptions recur. EXPD Q1 Earnings & Revenues Top Estimates on Airfreight Strength

Expeditors International of Washington Company Profile

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.