Alert: Negative Investment/Fundamental Signals (10/8/24)-Expeditors International of Wash (NYSE: EXPD)

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Expeditors International of Wash (NYSE: EXPD) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Recent small negative changes in fundamentals have impacted Expeditors International of Wash (NYSE: EXPD): significant quarterly sales deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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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 D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Expeditors International of has a very low Appreciation Score of 13 but a neutral Power Rating of 50, with the Negative Value Trend Rating the result.

Recent Price Action

Expeditors International of Wash (NYSE: EXPD) stock closed at $121.41 on 10/8/24 after an increase of 1.3%. Moreover, this advance was accompanied by above average trading volume at 121% of normal. The stock has declined -7.6% during the last week and has performed in line with the market over the last nine months.

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