Analyst Ratings for Expeditors International of Washington Inc. (EXPD)Updated: 2017-07-29
Analysts covering Expeditors International of Washington Inc. (NASDAQ:EXPD) have given it a consensus rating of Hold. EXPD had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 2 analysts, 1 gave an overweight rating, 9 gave a hold rating, 0 issued an underweight rating, and 3 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for EXPD by the analysts covering the stock. The highest price target was 59, implying potential capital gains of 0.37 percent. The most pessimistic price target was 46, which equates to a potential downside of -21.74 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -6.3 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.21 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.78 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
EXPD has an estimated earnings growth rate of 1.58 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. EXPD has a PEG ratio of 15.9.
In the trailing 52-weeks, EXPD hit 59.90 at the highest peak, while it's lowest trading point was 47.23. The current market price is above the trailing year's low by 24.45 percent, and 1.87 percent lower than its 52-week high. EXPD has a price/earnings ratio of 25.12. Investors typically compare the P/E ratio to a company's peers in the industry. The EXPD value stock report compares EXPD to some of its peers using value stock charts. The stock has a market capitalization of $10.56 billion. EXPD's next earnings release will be on 0000-00-00, which is days away.