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Expeditors International Of Wa

Expeditors International of Washington (EXP) is a publicly traded global logistics company based in Seattle, Washington. The company provides air and ocean freight services, customs brokerage, cargo insurance, time-definite transportation, order management, and warehousing and distribution services.

EXP's stock is listed on the NASDAQ stock exchange under the ticker symbol "EXP." The company has a strong history of financial performance, with consistent revenue and earnings growth over the past several years.

In their most recent quarterly report (Q4 2021), EXPD reported revenue of $8.1 billion, representing a 35% increase year-over-year. Net income for the quarter was $372 million, or $2.19 per share, compared to $215 million, or $1.26 per share, in Q4 2020. For the full year 2021, EXPD reported revenue of $28.9 billion and net income of $1.2 billion.

The company has a strong balance sheet, with cash and cash equivalents of $1.5 billion and a debt-to-equity ratio of 0.41 as of December 31, 2021.

Analysts' consensus rating for EXPD is "Buy" with an average price target of $149.86, representing a potential upside of around 2% from the current price. However, investing in stocks always carries risk, and potential investors should do their own research and consider their own risk tolerance and investment goals before making any investment decisions.

It's worth noting that the logistics industry, including EXPD, has been facing challenges due to supply chain disruptions and capacity constraints, which could impact the company's financial performance in the near term. However, EXPD's strong market position, diversified service offerings, and operational excellence have helped the company navigate these challenges and maintain strong financial performance.