Should You Sell Expeditors International Of Washington, Inc. (EXPD) And Go Away This Year?

Expeditors International Of Washington, Inc. (NYSE:EXPD) currently has a daily average trading volume of 1.20M but it saw 1010366 shares traded in last market. With a market cap of 17.09B USD, the company’s current market price of $121.06 came falling about -1.47 while comparing to the previous closing price of $122.87. 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. In the recent trading on the day, stock has struck highest price mark of $120.45 while lowest mark touched by it was $122.84.

Taking a look at 20-day trading activity of Expeditors International Of Washington, Inc. (EXPD) gives us an average price of $122.13, while its current price level is -7.71% below from 52-week high level whereas it is 13.11% 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 $121.75 while that of 200 days or SMA-200 reads an average of $121.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.11% during that period while stretching the period over a month that decreases to 1.65%. 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 46.71 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 -1.20% down while it is 1.48% when we observe its performance for the past one month. Year-to-date it is -4.83% down and over the past year, the stock is showing an upside performance of 3.97%.

Currently, Expeditors International Of Washington, Inc.’s total number of outstanding shares is 143.87M. Company’s return on investment (ROI) stands at 25.70% and return on equity (ROE) at 28.51%. It has a price to earnings ratio (P/E ratio) of 25.99 while having a 22.77 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 7.82 while price to sale or P/S ratio amounts to 1.87. Its return on asset (ROA) is 14.43% on average.