Susquehanna Issues Positive Forecast for Expeditors International of Washington (NASDAQ:EXPD) Stock Price

Expeditors International of Washington (NASDAQ:EXPD) had its price target boosted by Susquehanna from $142.00 to $156.00 in a report issued on Wednesday,Benzinga reports. Susquehanna currently has a neutral rating on the transportation company’s stock.

Several other equities analysts have also weighed in on EXPD. Zacks Research lowered shares of Expeditors International of Washington from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 14th. Truist Financial cut their price objective on shares of Expeditors International of Washington from $160.00 to $140.00 and set a “hold” rating for the company in a report on Wednesday, February 25th. Barclays lifted their price objective on shares of Expeditors International of Washington from $110.00 to $135.00 and gave the company an “underweight” rating in a report on Thursday, January 15th. Wolfe Research raised shares of Expeditors International of Washington from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. Finally, Bank of America raised shares of Expeditors International of Washington from a “neutral” rating to a “buy” rating in a research note on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $136.40.

Expeditors International of Washington Trading Down 1.2%

EXPD opened at $151.20 on Wednesday. Expeditors International of Washington has a 12-month low of $106.22 and a 12-month high of $167.19. The firm has a market capitalization of $20.11 billion, a PE ratio of 26.43, a P/E/G ratio of 5.00 and a beta of 1.04. The firm has a 50 day moving average of $145.28 and a two-hundred day moving average of $146.72.

Expeditors International of Washington (NASDAQ:EXPD) last posted its quarterly earnings results on Tuesday, May 5th. The transportation company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.38. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.47 earnings per share. As a group, analysts predict that Expeditors International of Washington will post 5.39 EPS for the current fiscal year.

Expeditors International of Washington Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.81 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a yield of 106.0%. Expeditors International of Washington’s dividend payout ratio (DPR) is currently 25.93%.

Institutional Investors Weigh In On Expeditors International of Washington

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Signaturefd LLC increased its holdings in Expeditors International of Washington by 2.1% in the 4th quarter. Signaturefd LLC now owns 3,447 shares of the transportation company’s stock worth $514,000 after acquiring an additional 71 shares in the last quarter. RIA Advisory Group LLC increased its holdings in Expeditors International of Washington by 2.7% in the 3rd quarter. RIA Advisory Group LLC now owns 2,970 shares of the transportation company’s stock worth $364,000 after acquiring an additional 78 shares in the last quarter. Rossby Financial LCC increased its holdings in Expeditors International of Washington by 9.3% in the 4th quarter. Rossby Financial LCC now owns 938 shares of the transportation company’s stock worth $140,000 after acquiring an additional 80 shares in the last quarter. Claro Advisors Inc. increased its holdings in Expeditors International of Washington by 5.0% in the 4th quarter. Claro Advisors Inc. now owns 1,743 shares of the transportation company’s stock worth $260,000 after acquiring an additional 83 shares in the last quarter. Finally, HighPoint Advisor Group LLC increased its holdings in Expeditors International of Washington by 4.2% in the 3rd quarter. HighPoint Advisor Group LLC now owns 2,085 shares of the transportation company’s stock worth $256,000 after acquiring an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

Key Stories Impacting Expeditors International of Washington

Here are the key news stories impacting Expeditors International of Washington this week:

• Positive Sentiment: Q1 results beat expectations — EPS $1.71 vs. $1.33 consensus; revenue rose ~4.4%; airfreight tonnage and margins improved, supporting near-term operating momentum. EXPD Q1 Earnings & Revenues Top Estimates on Airfreight Strength
• Positive Sentiment: Company raised/boosted its dividend and emphasized capital returns — management is returning cash to shareholders and declared a $0.81/share dividend with a record/ex-dividend schedule in early June, which supports income-focused investors. Expeditors International Boosts Dividend, Highlights Capital Returns
• Neutral Sentiment: Susquehanna raised its price target to $156 and holds a “neutral” rating — a modest upside (~3%) versus current levels, indicating some analyst cautious optimism but not a clear buy signal. Susquehanna PT raise to $156 (Benzinga)
• Negative Sentiment: JPMorgan raised its target slightly but kept an “underweight” rating with a $139 target — implying meaningful downside (~8%) from current prices and exerting downward pressure on the stock. JPMorgan raises PT to $139 but keeps underweight (TickerReport)

About Expeditors International of Washington

Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies.

The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management.