Expeditors International of Washington (NASDAQ:EXPD) Earning Positive Media Coverage, Study Shows

Media coverage about Expeditors International of Washington (NASDAQ:EXPD) has been trending positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Expeditors International of Washington earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 46.3940121741961 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have impacted Accern’s rankings:

Shares of Expeditors International of Washington stock opened at $64.06 on Thursday. The firm has a market capitalization of $11,337.50, a PE ratio of 25.79, a PEG ratio of 2.79 and a beta of 0.62. Expeditors International of Washington has a twelve month low of $51.96 and a twelve month high of $67.63.

Expeditors International of Washington (NASDAQ:EXPD) last released its quarterly earnings results on Tuesday, February 20th. The transportation company reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.07. The company had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Expeditors International of Washington had a return on equity of 22.79% and a net margin of 7.07%. The business’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.61 earnings per share. equities analysts forecast that Expeditors International of Washington will post 2.88 EPS for the current fiscal year.

EXPD has been the subject of several research analyst reports. Barclays reissued a “buy” rating and set a $70.00 target price on shares of Expeditors International of Washington in a research note on Tuesday, January 9th. Zacks Investment Research raised Expeditors International of Washington from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research note on Friday, January 19th. Cowen reissued a “market perform” rating and set a $65.00 target price (up previously from $58.00) on shares of Expeditors International of Washington in a research note on Wednesday, February 21st. Stifel Nicolaus reissued a “hold” rating and set a $65.00 target price (down previously from $67.00) on shares of Expeditors International of Washington in a research note on Wednesday, February 21st. Finally, Credit Suisse Group reissued an “underperform” rating and set a $61.00 target price (down previously from $63.00) on shares of Expeditors International of Washington in a research note on Wednesday, February 21st. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $63.11.

In related news, insider Richard H. Rostan sold 4,500 shares of the company’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $64.65, for a total value of $290,925.00. Following the sale, the insider now directly owns 56,290 shares in the company, valued at $3,639,148.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 owns 10,126 shares in the company, valued at $673,784.04. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,457 shares of company stock worth $1,784,235. Company insiders own 0.78% of the company’s stock.

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Expeditors International of Washington Company Profile

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.

Insider Buying and Selling by Quarter for Expeditors International of Washington (NASDAQ:EXPD)

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