News coverage about Expeditors International of Washington (NASDAQ:EXPD) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Expeditors International of Washington earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 46.5620965226513 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Expeditors International of Washington, Inc. (NasdaqGS:EXPD): Investors Poring into The Details on the Shares as EV … (tremontherald.com)
- Expeditors International of Washington, Inc. (EXPD) crosses 200-SMA up 13.02% (nasdaqplace.com)
- Delta’s (DAL) June Traffic Rises, Q2 Earnings View Intact (zacks.com)
- Have a Path to Grow Up for Expeditors International of Washington, Inc. (EXPD) and Penn National Gaming, Inc … (nmsunews.com)
- These Stocks’s might change the Kismet of Investors: Expeditors International of Washington, Inc. (NASDAQ:EXPD … (journalfinance.net)
Expeditors International of Washington opened at $72.25 on Wednesday, according to Marketbeat. Expeditors International of Washington has a one year low of $54.32 and a one year high of $78.16. The stock has a market capitalization of $12.82 billion, a PE ratio of 29.13, a price-to-earnings-growth ratio of 2.90 and a beta of 0.71.
Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings data on Tuesday, May 8th. The transportation company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.11. Expeditors International of Washington had a return on equity of 24.84% and a net margin of 7.36%. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same period last year, the business posted $0.51 EPS. Expeditors International of Washington’s quarterly revenue was up 20.0% on a year-over-year basis. sell-side analysts forecast that Expeditors International of Washington will post 3.16 earnings per share for the current year.
The business also recently declared a Semi-Annual dividend, which was paid on Friday, June 15th. Shareholders of record on Friday, June 1st were given a dividend of $0.45 per share. This is an increase from Expeditors International of Washington’s previous Semi-Annual dividend of $0.42. The ex-dividend date of this dividend was Thursday, May 31st. This represents a yield of 1.26%. Expeditors International of Washington’s dividend payout ratio (DPR) is presently 36.29%.
EXPD has been the topic of several recent research reports. ValuEngine upgraded Expeditors International of Washington from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Robert W. Baird upped their price target on Expeditors International of Washington from $70.00 to $76.00 and gave the stock a “neutral” rating in a report on Monday, June 4th. Zacks Investment Research upgraded Expeditors International of Washington from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a report on Tuesday, April 24th. Stifel Nicolaus upped their price target on Expeditors International of Washington from $65.00 to $72.00 and gave the stock a “hold” rating in a report on Wednesday, May 9th. Finally, BidaskClub upgraded Expeditors International of Washington from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $66.78.
In other Expeditors International of Washington news, VP Christopher J. Mcclincy sold 2,437 shares of the firm’s stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $72.11, for a total transaction of $175,732.07. Following the completion of the transaction, the vice president now owns 16,754 shares of the company’s stock, valued at $1,208,130.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Eugene K. Alger sold 6,956 shares of the firm’s stock in a transaction on Thursday, May 17th. The stock was sold at an average price of $71.89, for a total value of $500,066.84. Following the transaction, the insider now directly owns 5,476 shares of the company’s stock, valued at approximately $393,669.64. The disclosure for this sale can be found here. Company insiders own 0.99% of the company’s stock.
Expeditors International of Washington Company Profile
Expeditors International of Washington, Inc provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, such as ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, cargo insurance, cargo monitoring and tracking, and other logistics solutions.
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