In-Depth Examination Of 5 Analyst Recommendations For Expeditors Intl
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse opinions on Expeditors Intl (NYSE:EXPD) over the last three months, with recent ratings showing a shift towards a more bearish stance. The average 12-month price target for EXPD has increased to $115.6, reflecting a 4.45% rise from the previous target. Despite a challenging quarter with a -33.82% decline in revenue growth, Expeditors Intl maintains strong financial health indicators, including a high net margin and ROE. Analysts' actions and price target adjustments highlight their evolving expectations for the company.
March 15, 2024 | 4:00 pm
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NEUTRAL IMPACT
Expeditors Intl has seen a mix of analyst ratings, with a recent trend towards bearishness. Despite a significant revenue decline, its financial health indicators like net margin and ROE remain strong. The average 12-month price target has been raised to $115.6.
The mixed analyst ratings and recent bearish trend suggest uncertainty in the short term, potentially leading to stock price volatility. However, the increase in the average 12-month price target and strong financial health indicators could counterbalance negative impacts, leading to a neutral short-term price direction.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100