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The closing price of Expeditors International Of Washington, Inc. (NYSE: EXPD) was $113.07 for the day, down -0.89% from the previous closing price of $114.09. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 1.39 million shares were traded. EXPD stock price reached its highest trading level at $114.82 during the session, while it also had its lowest trading level at $112.99.
Ratios:
Our analysis of EXPD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.18.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on March 15, 2024, initiated with a Neutral rating and assigned the stock a target price of $126.
On January 11, 2024, Exane BNP Paribas Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $116.
On August 11, 2023, JP Morgan started tracking the stock assigning a Underweight rating and target price of $110.JP Morgan initiated its Underweight rating on August 11, 2023, with a $110 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 07 ’24 when Dickerman Jeffrey F sold 2,000 shares for $122.63 per share. The transaction valued at 245,260 led to the insider holds 5,728 shares of the business.
Musser Jeffrey S sold 30,041 shares of EXPD for $3,343,602 on Jun 01 ’23. The President and CEO now owns 116,587 shares after completing the transaction at $111.30 per share. On May 08 ’23, another insider, Dickerman Jeffrey F, who serves as the Senior VP/Gen Counsel/Corp Sec of the company, sold 1,608 shares for $117.89 each. As a result, the insider received 189,567 and left with 5,484 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXPD now has a Market Capitalization of 16042712064 and an Enterprise Value of 15433382912. As of this moment, Expeditors’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.62, and their Forward P/E ratio for the next fiscal year is 22.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 6.81. Its current Enterprise Value per Revenue stands at 1.659 whereas that against EBITDA is 15.316.
Stock Price History:
Over the past 52 weeks, EXPD has reached a high of $131.17, while it has fallen to a 52-week low of $106.43. The 50-Day Moving Average of the stock is -5.54%, while the 200-Day Moving Average is calculated to be -5.66%.
Shares Statistics:
EXPD traded an average of 1.19M shares per day over the past three months and 1296320 shares per day over the past ten days. A total of 143.87M shares are outstanding, with a floating share count of 142.90M. Insiders hold about 0.69% of the company’s shares, while institutions hold 96.90% stake in the company. Shares short for EXPD as of 1711584000 were 7177849 with a Short Ratio of 6.05, compared to 1709164800 on 5521254. Therefore, it implies a Short% of Shares Outstanding of 7177849 and a Short% of Float of 6.7.
Dividends & Splits
With its trailing 12-month dividend rate of 1.38, EXPD has a forward annual dividend rate of 1.38. Against a Trailing Annual Dividend Yield of 0.012095714The stock’s 5-year Average Dividend Yield is 1.17.
