Expeditors International of Wash (NYSE: EXPD) has reported earnings for its second fiscal quarter (ending June 30) of $1.24 versus $1.31 for the same period a year ago — a decline of -5%. Relative to the consensus estimate of $1.25, this was a shortfall of $-0.01. For the latest four quarters through June 30, E.P.S. were $4.68 compared to $6.73 a year ago — a decline of -30%.
Recent Price Action
Expeditors International of Wash (NYSE: EXPD) stock closed at $116.10 on 8/6/24 after a decline of -4.3%. Moreover, trading volume in this decline was unusually high at 171% of normal. The stock has declined -6.7% during the last week and has performed in line with the market over the last nine months.
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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Expeditors International of has a neutral Power Rating of 46 but a very low Appreciation Score of 10, triggering 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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