Expeditors International of Washington, Inc. provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. It acts as a freight consolidator or as an agent for the airline, which carries the shipment. The company also provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, negotiation of letters of credit, and the preparation of documentation to comply with local export laws. Its customers include retailing and wholesaling, electronics, technology, and industrial and manufacturing companies. Expeditors International of Washington, Inc. was incorporated in 1979 and is headquartered in Seattle, Washington.
IPO Year:
Exchange: NASDAQ
Website: expeditors.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | $106.00 → $108.00 | Sell | TD Cowen |
| 10/14/2024 | $112.00 → $106.00 | Hold → Sell | TD Cowen |
| 5/28/2024 | Underperform → Peer Perform | Wolfe Research | |
| 5/14/2024 | $112.00 | Underperform → Neutral | Exane BNP Paribas |
| 5/8/2024 | $111.00 → $112.00 | Hold | TD Cowen |
| 3/15/2024 | $126.00 | Neutral | BofA Securities |
| 1/11/2024 | $116.00 | Neutral → Underperform | Exane BNP Paribas |
| 8/11/2023 | $110.00 | Underweight | JP Morgan |
| 12/1/2022 | $107.00 | Neutral | Exane BNP Paribas |
| 11/22/2022 | $95.00 | Equal Weight → Underweight | Wells Fargo |
8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
10-Q - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
10-Q - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
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8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
10-Q - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INC (0000746515) (Filer)
During the last three months, 5 analysts shared their evaluations of Expeditors Intl (NYSE:EXPD), revealing diverse outlooks from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 5 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $124.6, a high estimate of $132.00, and a low estimate of $114.00. This current average has increased by
B of A Securities analyst Ken Hoexter maintains Expeditors Intl (NYSE:EXPD) with a Neutral and raises the price target from $131 to $132.
In the preceding three months, 5 analysts have released ratings for Expeditors Intl (NYSE:EXPD), presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 0 1 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $119.6, a high estimate of $131.00, and a low estimate of $107.00. Witnessing a positive shift, the curren
Baird analyst Benjamin Hartford maintains Expeditors Intl (NYSE:EXPD) with a Neutral and raises the price target from $118 to $126.
In the latest quarter, 5 analysts provided ratings for Expeditors Intl (NYSE:EXPD), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 1 1 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $119.6, a high estimate of $131.00, and a low estimate of $107.00. Surp
B of A Securities analyst Ken Hoexter maintains Expeditors Intl (NYSE:EXPD) with a Neutral and raises the price target from $126 to $131.
Wolfe Research analyst Scott Group upgrades Expeditors Intl (NYSE:EXPD) from Underperform to Peer Perform.
Analysts' ratings for Expeditors Intl (NYSE:EXPD) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 3 1 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 1 0 3M Ago 0 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $116.75, with a high estimate of $126.00 and a low estimate of $107.00. Marking an increase of 6.14%, the current average
Stifel analyst J. Bruce Chan maintains Expeditors Intl (NYSE:EXPD) with a Hold and raises the price target from $112 to $114.
Susquehanna analyst Bascome Majors maintains Expeditors Intl (NYSE:EXPD) with a Neutral and raises the price target from $112 to $120.
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TD Cowen reiterated coverage of Expeditors Intl with a rating of Sell and set a new price target of $108.00 from $106.00 previously
TD Cowen downgraded Expeditors Intl from Hold to Sell and set a new price target of $106.00 from $112.00 previously
Wolfe Research upgraded Expeditors Intl from Underperform to Peer Perform
Exane BNP Paribas upgraded Expeditors Intl from Underperform to Neutral and set a new price target of $112.00
TD Cowen reiterated coverage of Expeditors Intl with a rating of Hold and set a new price target of $112.00 from $111.00 previously
BofA Securities initiated coverage of Expeditors Intl with a rating of Neutral and set a new price target of $126.00
Exane BNP Paribas downgraded Expeditors Intl from Neutral to Underperform and set a new price target of $116.00
JP Morgan initiated coverage of Expeditors Intl with a rating of Underweight and set a new price target of $110.00
Exane BNP Paribas initiated coverage of Expeditors Intl with a rating of Neutral and set a new price target of $107.00
Wells Fargo downgraded Expeditors Intl from Equal Weight to Underweight and set a new price target of $95.00
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced that on November 4, 2024 its Board of Directors declared a semi-annual cash dividend of $0.73 per share, payable on December 16, 2024 to shareholders of record as of December 2, 2024. Expeditors is a global logistics company headquartered in Bellevue, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definit
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced third quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 41% to $1.63 Net Earnings Attributable to Shareholders increased 34% to $230 million Operating Income increased 40% to $302 million Revenues increased 37% to $3.0 billion Airfreight tonnage increased 19% and ocean container volume increased 12% 1Diluted earnings attributable to shareholders per share. NOTE: See Disclaimer on Forward-Looking Statements in this release. "We have worked hard over this past year to gain addi
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced second quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 5% to $1.24 Net Earnings Attributable to Shareholders decreased 11% to $175 million Operating Income decreased 10% to $224 million Revenues increased 9% to $2.4 billion Airfreight tonnage volume increased 15% and ocean container volume decreased 3% "We continued to adapt well to another erratic quarter for our industry, which has been impacted by the rapid changes and imbalances in buy versus sell rates, particularly on expo
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced that on May 6, 2024 its Board of Directors declared a semi-annual cash dividend of $0.73 per share, payable on June 17, 2024 to shareholders of record as of June 3, 2024. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportat
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced fourth quarter 2023 financial results including the following highlights compared to the same quarter of 2022: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 21% to $1.09 Net Earnings Attributable to Shareholders decreased 28% to $159 million Operating Income decreased 40% to $199 million Revenues decreased 34% to $2.3 billion Airfreight tonnage volume decreased 3% and ocean container volume decreased 10% "While ocean and air markets have been recovering from the massive disruptions brought on by the global Covid-19 pandemic, we continue to face further market uncertainty
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on November 6, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on December 15, 2023 to shareholders of record as of December 1, 2023. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-defin
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced third quarter 2023 financial results including the following comparisons to the same quarter of 2022: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 54% to $1.16 Net Earnings Attributable to Shareholders decreased 59% to $171 million Operating Income decreased 59% to $216 million Revenues decreased 50% to $2.2 billion Airfreight tonnage volume decreased 14% and ocean container volume decreased 15% "As expected, the deceleration in demand that we have seen since the second half of 2022 continued in the comparable third quarter of 2023," said Jeffrey S. Musser, President
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced second quarter 2023 financial results including the following comparisons to the same quarter of 2022: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 43% to $1.30 Net Earnings Attributable to Shareholders decreased 48% to $197 million Operating Income decreased 51% to $248 million Revenues decreased 51% to $2.2 billion Airfreight tonnage volume decreased 15% and ocean container volume decreased 13% "The freight marketplace has continued to reset and has reverted closer to pre-pandemic levels of activity," said Jeffrey S. Musser, President and Chief Executive Officer. "A
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on May 1, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on June 15, 2023 to shareholders of record as of June 1, 2023. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transport
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced fourth quarter 2022 financial results including the following highlights compared to the same quarter of 2021: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 48% to $1.38 Net Earnings Attributable to Shareholders decreased 52% to $219 million Operating Income decreased 47% to $330 million Revenues decreased 36% to $3.4 billion Airfreight tonnage volume decreased 20% and ocean container volume decreased 15% "As pandemic-related bottlenecks eased and air and ocean supply/demand imbalances began to dissipate in the first half of the year, average buy and sell rates progressively
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced that on November 4, 2024 its Board of Directors declared a semi-annual cash dividend of $0.73 per share, payable on December 16, 2024 to shareholders of record as of December 2, 2024. Expeditors is a global logistics company headquartered in Bellevue, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definit
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced third quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) increased 41% to $1.63 Net Earnings Attributable to Shareholders increased 34% to $230 million Operating Income increased 40% to $302 million Revenues increased 37% to $3.0 billion Airfreight tonnage increased 19% and ocean container volume increased 12% 1Diluted earnings attributable to shareholders per share. NOTE: See Disclaimer on Forward-Looking Statements in this release. "We have worked hard over this past year to gain addi
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced second quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 5% to $1.24 Net Earnings Attributable to Shareholders decreased 11% to $175 million Operating Income decreased 10% to $224 million Revenues increased 9% to $2.4 billion Airfreight tonnage volume increased 15% and ocean container volume decreased 3% "We continued to adapt well to another erratic quarter for our industry, which has been impacted by the rapid changes and imbalances in buy versus sell rates, particularly on expo
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced that on May 6, 2024 its Board of Directors declared a semi-annual cash dividend of $0.73 per share, payable on June 17, 2024 to shareholders of record as of June 3, 2024. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportat
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced first quarter 2024 financial results including the following comparisons to the same quarter of 2023: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 19% to $1.17 Net Earnings Attributable to Shareholders decreased 25% to $169 million Operating Income decreased 22% to $215 million Revenues decreased 15% to $2.2 billion Airfreight tonnage volume increased 4% and ocean container volume increased 2% "Air tonnage and ocean volumes increased when compared to a sluggish first quarter a year ago and breaking from a general downward slide of more than a year," said Jeffrey S. Muss
Expeditors International of Washington, Inc. (NYSE:EXPD) today announced fourth quarter 2023 financial results including the following highlights compared to the same quarter of 2022: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 21% to $1.09 Net Earnings Attributable to Shareholders decreased 28% to $159 million Operating Income decreased 40% to $199 million Revenues decreased 34% to $2.3 billion Airfreight tonnage volume decreased 3% and ocean container volume decreased 10% "While ocean and air markets have been recovering from the massive disruptions brought on by the global Covid-19 pandemic, we continue to face further market uncertainty
Completes upgrade of all NYSE exchanges to its cutting-edge trading platform Welcomes 32 transfers, second-highest total since 2002 Includes 20 operating company transfers, nearly triple those to competing exchanges Lists two of the year's three largest IPOs As 2023 winds to a close, the New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE:ICE), today announced that it led the industry in listing transfers for a second-straight year as the NYSE continued to drive value for its unparalleled community of listed companies. Those transfers included Fiserv (NYSE:FI), the second-largest listing transfer in NYSE history. The exchange reported 32 listing transfers in 202
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that it is transferring the listing of its common stock to the New York Stock Exchange ("NYSE") from the Nasdaq Stock Market LLC ("Nasdaq"). Expeditors' common stock is expected to begin trading on the NYSE on Tuesday, November 21, 2023, and will continue to be traded under its current ticker symbol "EXPD." Expeditors' common stock is expected to continue to trade on Nasdaq until the close of the market on Monday, November 20, 2023. "After 40+ years dedicated to our people, our communities, and our shareholders, we believe it is fitting that we align ourselves with the New York Stock Exchange, which has been the ex
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on November 6, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on December 15, 2023 to shareholders of record as of December 1, 2023. Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-defin
Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced third quarter 2023 financial results including the following comparisons to the same quarter of 2022: Diluted Net Earnings Attributable to Shareholders per share (EPS1) decreased 54% to $1.16 Net Earnings Attributable to Shareholders decreased 59% to $171 million Operating Income decreased 59% to $216 million Revenues decreased 50% to $2.2 billion Airfreight tonnage volume decreased 14% and ocean container volume decreased 15% "As expected, the deceleration in demand that we have seen since the second half of 2022 continued in the comparable third quarter of 2023," said Jeffrey S. Musser, President