For its first fiscal quarter (ending March 31), Expeditors International of Wash (NYSE: EXPD) has reported a -20% decline in E.P.S. from $1.47 a year ago to $1.18 in the current quarter. However, this result exceeded the consensus estimate of $1.04 by $0.14. For the latest four quarters through March 31, E.P.S. were $4.74 versus $7.71 for the same period a year ago — a decline of -39%.
Recent Price Action
On 5/7/24, Expeditors International of Wash (NYSE: EXPD) stock declined slightly by -0.6%, closing at $114.90. Moreover, unusually high trading volume at 171% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 1.0% during the last week.
Current PriceTarget Research Rating
EXPD’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Expeditors International of has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Expeditors International of has a neutral Power Rating of 45 but a very low Appreciation Score of 10, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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