The
investment positions in
Expeditors International of Washington, Inc. (NASDAQ:EXPD) have seen fluctuations, with entities such as SG Americas Securities, Sanctuary Advisors, and Frank Rimerman Advisors boosting their stakes, while Truist Financial Corp and Seven Eight Capital LP reduced their holdings. Insider trading activity indicated the selling of US$2.2m of stock, possibly suggesting caution. Meanwhile, the declining value of FedEx could potentially benefit EXPD's stock price.
Analysts' recommendations range from 'Reduce' to a 'New Buy', reflecting differing perspectives on the company's future performance. The company's Q2 2024 reports exhibited mixed results with revenues surpassing expectations, but EPS lagging. Despite this, the company has returned $205m to shareholders. The firm's
valuation remains steep, and it is predicted it needs to do more to increase in value. EXPD's latest earnings report resulted in a 7.1% increase since its previous report. However, warnings suggest new risks have been added to the firm's stock, impacting its future performance.
Expeditors International of Washington EXPD News Analytics from Tue, 13 Jul 2010 07:00:00 GMT to Sat, 12 Oct 2024 08:41:04 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor 2
