Media stories about Expeditors International of Washington (NASDAQ:EXPD) have been trending positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Expeditors International of Washington earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 46.3940121741961 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Philip M. Coughlin Sells 12,103 Shares of Expeditors International of Washington (EXPD) Stock (americanbankingnews.com)
- Expeditors International of Washington (EXPD) Director Sells $388,320.00 in Stock (americanbankingnews.com)
- Richard H. Rostan Sells 4,500 Shares of Expeditors International of Washington (EXPD) Stock (americanbankingnews.com)
- Expeditors International of Washington (EXPD) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
- Moving Averages Information in Focus – Expeditors International of Washington Inc (NASDAQ: EXPD) – Stocks Pen (stockspen.com)
Expeditors International of Washington (EXPD) traded down $1.16 during trading on Wednesday, reaching $63.90. 1,360,875 shares of the company traded hands, compared to its average volume of 1,297,936. The stock has a market cap of $11,418.71, a P/E ratio of 23.96, a price-to-earnings-growth ratio of 2.81 and a beta of 0.62. Expeditors International of Washington has a 12-month low of $51.96 and a 12-month high of $67.63.
A number of research analysts have issued reports on the stock. Credit Suisse Group reaffirmed an “underperform” rating and issued a $61.00 target price (down from $63.00) on shares of Expeditors International of Washington in a report on Wednesday, February 21st. Cowen reaffirmed a “market perform” rating and issued a $65.00 target price (up from $58.00) on shares of Expeditors International of Washington in a report on Wednesday, February 21st. Zacks Investment Research raised shares of Expeditors International of Washington from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Tuesday, February 13th. Stifel Nicolaus reissued a “hold” rating and set a $65.00 price objective (down from $67.00) on shares of Expeditors International of Washington in a research note on Wednesday, February 21st. Finally, UBS Group set a $60.00 target price on shares of Expeditors International of Washington and gave the stock a “sell” rating in a research report on Wednesday, February 21st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $63.11.
In other news, insider Jeffrey S. Musser sold 2,073 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $66.54, for a total value of $137,937.42. Following the completion of the sale, the insider now directly owns 10,126 shares of the company’s stock, valued at approximately $673,784.04. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Philip M. Coughlin sold 12,103 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $65.01, for a total transaction of $786,816.03. Following the completion of the sale, the insider now owns 16,153 shares in the company, valued at $1,050,106.53. The disclosure for this sale can be found here. Insiders have sold a total of 24,676 shares of company stock valued at $1,603,998 over the last three months. 0.78% of the stock is currently owned by company insiders.
About Expeditors International of Washington
Expeditors International of Washington, Inc is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions.
Receive News & Ratings for Expeditors International of Washington Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expeditors International of Washington and related companies with MarketBeat.com's FREE daily email newsletter.