Cowen & Co. analyst Jason Seidl reiterated a Hold rating on Expeditors International (NASDAQ:EXPD) Of Washington on Wednesday, setting a price target of $68, which is approximately 4.79% below the present share price of $71.42.
Seidl expects Expeditors International Of Washington to post earnings per share (EPS) of $0.81 for the second quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Expeditors International, with an average price target of $68.29.
The analysts price targets range from a high of $80 to a low of $59.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $2.04 billion and a net profit of $180.34 million. The company's market cap is $12.25 billion.
According to TipRanks.com, Cowen & Co. analyst Jason Seidl is a 5-star analyst with an average return of 9.3% and a 59.8% success rate.
Expeditors International of Washington, Inc. engages in the provision of global logistics services. The firm offers airfreight, ocean freight and ocean and customs brokerage and other services. It also provides customer solutions such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions. The company was founded by John M. Kaiser, Peter Rose, Wang Li Kou, Kevin Walsh, Hank Wong, George Ho, Robert Chiarito, and Glenn Alger in May 1979 and is headquartered in Seattle, WA.
