Expeditors InternationalEXPD
About: Expeditors International of Washington is a non-asset-based third-party logistics provider, focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. Expeditors derives around 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.
Employees: 18,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
124% more call options, than puts
Call options by funds: $85.1M | Put options by funds: $38M
18% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 73
4% more capital invested
Capital invested by funds: $16.6B [Q2] → $17.1B (+$582M) [Q3]
1% more funds holding
Funds holding: 800 [Q2] → 806 (+6) [Q3]
1.18% less ownership
Funds ownership: 93.98% [Q2] → 92.8% (-1.18%) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 335
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
B of A Securities Ken Hoexter 40% 1-year accuracy 21 / 53 met price target | 9%upside $120 | Neutral Maintained | 16 Jan 2025 |
Barclays Brandon Oglenski 50% 1-year accuracy 34 / 68 met price target | 0%downside $110 | Underweight Maintained | 6 Nov 2024 |
Financial journalist opinion
