Expeditors International of Washington, Inc. (EXPD) has been drawing increased attention as new shares have been purchased by key entities such as EP Wealth Advisors LLC, Magnetar Financial LLC, and Vanguard Group Inc. These purchases coincide with various companies raising their price target for EXPD shares, including Bank of America. Q2 2024 EPS estimates for the company have also been increased by Zacks Research. Despite this positive investor sentiment, the consensus rating from analysts is 'Reduce.' Investors' return over the past five years amounts to approximately 77% - a robust figure considering the market fluctuations in recent years. Dividend payouts are set to increase this year, further sweetening the deal for investors. While some analysts view the company's intrinsic value as being potentially 24% below its share price, others herald EXPD as an undervalued gem and a long-term buy. Recent earnings beat market expectations, despite a y-o-y decrease in Q1 earnings and revenues, which saw the Bottom Line drop in Q1 but still beat estimates. The company's Q2 2024 earnings expectations have been forecasted at $1.17 per share by Zacks Research.
Expeditors International of Washington EXPD News Analytics from Fri, 01 Aug 2003 07:00:00 GMT to Sun, 28 Jul 2024 20:57:00 GMT -
Rating 6
- Innovation 2
- Information 9
- Rumor -4
