Expeditors International of Washington Inc (EXPD) has been making waves in the market with potential to become a multi-bagger. The shares of the company have been sold off by multiple major investors like Park Avenue Securities, B. Riley Wealth Advisors, and Vanguard Group, however, other entities such as NOMURA Holdings, Czech National Bank, NEOS Investment and Baird Financial Group have increased their shares. Expeditors witnessed exceptional earnings growth and surpassed estimates while their dividends increased from last year. Goldman Sachs holds a stake of $103 million in the company, while Bank of America has raised their price target for the company to $131.00. Notable performance includes a 77% return on investment over a five-year period, and a resurgence in its intrinsic value. The company's Q1 and Q2 earnings and revenues exceeded expectations, while its Q4 earnings faced a setback amid market uncertainties. Despite some declines in Q3 2023 earnings, the potential upside for Expeditors International lies in their explicit risk management factor that has been outlined in their latest annual report, marking their strategic assets.
Expeditors International of Washington EXPD News Analytics from Tue, 28 Jan 2020 19:06:48 GMT to Sun, 30 Jun 2024 15:34:30 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor 2
