Expeditors International of Washington Inc (EXPD) has been undergoing a series of changes and moving through various phases of financial and market statuses. Increased interest from buying companies, such as
Cwm LLC,
Cetera Advisors LLC,
Envestnet Portfolio Solutions Inc, and
Price T Rowe Associates Inc. MD, has been noted, indicating a surge of confidence in EXPD's market potential. However, various setbacks were encountered in Q2's earnings which didn't meet expectations, negatively affecting EXPD's shares. On an upbeat note, EXPD did record a
9% revenue boost in Q2, returning $205M to shareholders. Analysts keep a 'Hold' rating on the stock. Investments in EXPD have been beneficial with a 77% return over the last five years. Future dividend payments signal an increase, compared to the previous year. There are mixed reviews about EXPD's financial health and intrinsic value, with
UBS Group increasing its rating to Neutral. However, Wells Fargo has cut EXPD to a 'Sell' rating. Despite a 55% rally, EXPD's stock is believed to still have potential. While there are concerns of a possible breakdown, others see EXPD handling the pandemic well.
Expeditors International of Washington EXPD News Analytics from Thu, 05 Nov 2020 08:00:00 GMT to Sun, 11 Aug 2024 09:56:00 GMT -
Rating -1
- Innovation -5
- Information 5
- Rumor -2
