Expeditors International of Washington, Inc. (EXPD) has been a key topic amongst several hedge funds as an excellent freight stock investment option. Recently,
TD Cowen revised their price target for EXPD to $112 from $117, maintaining a sell rating. Meanwhile, investors continue to display optimism towards the company, despite growth concerns. On a corporate level, the company has seen a leadership change, with
Jeffrey S. Musser retiring and a new CEO appointment. EXPD's stock performance presents a mixed picture, fluctuating with market trends. However, Q4 results turned out well for the logistics firm, with earnings of $1.68 per share and demonstrated year-on-year growth in both earnings and revenues. Despite insider stock selling, analysts have issued new financial forecasts for EXPD following successful yearly results. Investor anticipation was high for the Q4 earnings, and the positive numbers did not disappoint. Additionally, an analysis of its recent stock performance reveals stable fundamentals. However, concerns persist about whether its earnings growth can keep up with shareholder returns, which have been lagging behind.
Expeditors International of Washington EXPD News Analytics from Thu, 05 Nov 2020 08:00:00 GMT to Fri, 04 Apr 2025 14:43:51 GMT -
Rating 6
- Innovation -3
- Information 7
- Rumor -5
