Equities research analysts at Edward Jones initiated coverage on shares of Expeditors International (NASDAQ: EXPD) in a research note issued to investors on Friday. The firm set a “buy” rating on the stock.

A number of other firms have also recently commented on EXPD. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Expeditors International in a research note to investors on Thursday. They now have a $39.00 price target on the stock. Separately, analysts at Macquarie initiated coverage on shares of Expeditors International in a research note to investors on Friday, March 1st. They set a “neutral” rating and a $38.25 price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Expeditors International from $47.00 to $44.00 in a research note to investors on Wednesday, February 27th. They now have a “buy” rating on the stock.

Ten research analysts have rated the stock with a buy rating, one has assigned an overweight rating, eleven have assigned a hold rating, and one has issued a sell rating to the stock. Expeditors International has an average rating of “overweight” and an average price target of $42.55.

Expeditors International opened at 38.78 on Friday. Expeditors International has a 52-week low of $34.20 and a 52-week high of $47.48. The stock’s 50-day moving average is currently $41.72. The company has a market cap of $8.008 billion and a price-to-earnings ratio of 24.70.

Expeditors International last posted its quarterly earnings results on Tuesday, February 26th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.03. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, analysts predict that Expeditors International will post $1.81 earnings per share for the current fiscal year.

Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services.

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