Expeditors International of Washington's (NASDAQ:EXPD)
price target has been
lowered to $120.00 at Bank of America. The
intrinsic value of the company has been a topic of debate. The company's stock is purportedly one of the
best TaaS stocks according to hedge funds. Q3
earnings surged 41%, hitting a record $3B in revenue. Investment management entities such as Oak Thistle LLC and International Assets Investment Management LLC have staked positions in the company. EXPD's
stock is suggested for retention as investors have seen notable returns of 63% over the past five years. Despite hitting a
new 52-week low, the company has
beaten EPS estimates by 22% and Q3 estimates on early freight moves. Concerns have arisen with insiders selling US$2.2m of stock, potentially signaling caution. However, the company's Q3 earnings and revenues
beat estimates and increased year over year. Analysts vary in their perceptions, with some suggesting underperformance in the Industrials sector, while others highlight robust Q3 results and value potential.
Expeditors International of Washington EXPD News Analytics from Mon, 08 Jun 2015 22:04:58 GMT to Sat, 18 Jan 2025 07:53:15 GMT -
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- Information 8
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