Media coverage about Expeditors International of Washington (NASDAQ:EXPD) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Expeditors International of Washington earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 46.4400826509431 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- Free Research Report as Expeditors International of Washington’s Revenue Grew 15.3% and EPS Surged 11.9% (finance.yahoo.com)
- $0.64 Earnings Per Share Expected for Expeditors International of Washington, Inc. (EXPD) This Quarter (americanbankingnews.com)
- Analytical Review of Expeditors International of Washington Inc. (NASDAQ:EXPD) – The Oracle Examiner (oracleexaminer.com)
- Traders Watch List: Expeditors International of Washington, Inc., (NASDAQ: EXPD), Gaming and Leisure Properties, Inc … – Stocks In The News (press release) (tradingnewsnow.com)
EXPD has been the topic of several analyst reports. Barclays boosted their price objective on Expeditors International of Washington from $58.00 to $63.00 and gave the stock an “overweight” rating in a research note on Monday, October 2nd. Zacks Investment Research raised Expeditors International of Washington from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research note on Thursday, November 9th. UBS boosted their price objective on Expeditors International of Washington from $48.00 to $56.00 and gave the stock a “sell” rating in a research note on Wednesday, November 8th. Goldman Sachs Group initiated coverage on Expeditors International of Washington in a research note on Monday, November 13th. They set a “neutral” rating and a $59.00 price objective on the stock. Finally, Cowen boosted their price objective on Expeditors International of Washington from $54.00 to $58.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $59.38.
Expeditors International of Washington (NASDAQ:EXPD) last issued its quarterly earnings data on Tuesday, November 7th. The transportation company reported $0.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.06. Expeditors International of Washington had a return on equity of 22.32% and a net margin of 6.50%. The company had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same period in the previous year, the firm posted $0.59 earnings per share. The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. research analysts expect that Expeditors International of Washington will post 2.4 EPS for the current fiscal year.
The firm also recently announced a semiannual dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a dividend yield of 1.4%. Expeditors International of Washington’s dividend payout ratio (DPR) is presently 35.15%.
In other Expeditors International of Washington news, insider Eugene K. Alger sold 10,269 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $60.40, for a total transaction of $620,247.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.78% of the stock is owned by insiders.
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.
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