With 143.87M Outstanding Shares, Can Expeditors International Of Washington, Inc. (NYSE: EXPD) Deliver Big Short-Term Gains?

money audit

Expeditors International Of Washington, Inc. (NYSE:EXPD) currently has a daily average trading volume of 1.25M but it saw 1485929 shares traded in last market. With a market cap of 16.64B USD, the company’s current market price of $117.82 came falling about -1.07 while comparing to the previous closing price of $119.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $131.17 and as low as $107.03.

Taking a look at 20-day trading activity of Expeditors International Of Washington, Inc. (EXPD) gives us an average price of $116.85, while its current price level is -10.18% below from 52-week high level whereas it is 10.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $117.00 while that of 200 days or SMA-200 reads an average of $118.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.28% during that period while stretching the period over a month that increases to 1.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.60 which implies that the stock is in neutral territory.

Exane BNP Paribas upgraded its recommendation for the stock as a “Neutral” from “Underperform” on May 14, 2024 while assigning a price target of $112. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $111 and $112.

Over the week, EXPD’s stock price is moving 0.08% up while it is 3.54% when we observe its performance for the past one month. Year-to-date it is -7.37% down and over the past year, the stock is showing an upside performance of 2.00%.

Currently, Expeditors International Of Washington, Inc.’s total number of outstanding shares is 143.87M. Company’s return on investment (ROI) stands at 26.17% and return on equity (ROE) at 26.06%. It has a price to earnings ratio (P/E ratio) of 24.97 while having a 22.70 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 7.57 while price to sale or P/S ratio amounts to 1.87. Its return on asset (ROA) is 14.17% on average.