In-Depth Examination Of 5 Analyst Recommendations For Expeditors Intl
Portfolio Pulse from Benzinga Insights
Analysts have provided varying ratings for Expeditors Intl (NYSE:EXPD) over the last quarter, with a consensus of 'Somewhat Bearish' over the past 30 days. The average 12-month price target is $103.8, down from the previous $105.60. Analysts from firms including JP Morgan and Morgan Stanley have adjusted their price targets and ratings, reflecting changes in market dynamics and company performance. Expeditors Intl, a non-asset-based logistics provider, has seen a significant revenue decline of -49.8% as of September 30, 2023, but maintains strong net margin and ROE figures.
January 09, 2024 | 8:00 pm
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Analysts have a 'Somewhat Bearish' consensus on Expeditors Intl with a reduced average price target of $103.8. The company has experienced a significant revenue decline but maintains strong profitability indicators.
The 'Somewhat Bearish' consensus and reduced price target suggest a negative short-term impact on EXPD's stock price. The significant revenue decline is a concern, but strong profitability metrics may provide some support to the stock price. The high relevance, importance, and confidence scores reflect the direct mention of EXPD and the detailed financial analysis provided, which are likely to influence investor perception.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100