Expeditors International of Washington (EXPD) has faced challenges accelerating returns, as highlighted by Mediolanum International Funds and Assenagon Asset Management S.A. reducing their stock positions. Despite this, the company has attracted notable interest, with firms like Boston Trust Walden Corp and Everett Harris & Co. CA increasing their holdings. Analyst predictions about the company's prospects have often been mixed. Some hedge funds rank EXPD among the best TaaS stocks to invest in, but average recommendations from analysts point to a 'Reduce' stance. The company also faces scrutiny regarding CEO compensation. In terms of financial performance, EXPD has surpassed Q3 2024 estimates with its early freight moves, achieving double-digit growth rates. However, the company has had to grapple with an uncertain freight market, resulting in some cost-cutting measures. Recent developments include a significant partnership with Dubai South to launch a new facility in its Logistics District, and a transfer of its stock listing to the New York Stock Exchange.
Expeditors International of Washington EXPD News Analytics from Mon, 08 Jun 2015 22:04:58 GMT to Sat, 08 Feb 2025 11:46:13 GMT -
Rating 4
- Innovation -1
- Information 6
- Rumor -2
