Download PDF

1. Company Snapshot

1.a. Company Description

Expeditors International of Washington, Inc.provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India.The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.


It also provides optimization, trade compliance, consulting, cargo security, and solutions.In addition, it acts as a freight consolidator or as an agent for the airline, which carries the shipment.Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, negotiation of letters of credit, and the preparation of documentation to comply with local export laws.


Its customers include retailing and wholesaling, electronics, technology, and industrial and manufacturing companies.Expeditors International of Washington, Inc.was incorporated in 1979 and is headquartered in Seattle, Washington.

Show Full description

1.b. Last Insights on EXPD

Expeditors International of Washington, Inc.'s recent performance was positively driven by strong e-commerce tailwinds, upbeat earnings estimates, and a solid dividend growth. The company has been witnessing share gains, with several institutional investors and hedge funds increasing their stake, including Econ Financial Services Corp and AXQ Capital LP. Additionally, Expeditors has been outpacing its peers, such as FedEx and UPS, with stronger price gains and steadier dividends. However, some analysts have a "Reduce" rating on the stock, citing potential challenges ahead. The company's Q4 earnings report is upcoming.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

3. NewsRoom

Card image cap

Expeditors International (EXPD) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Feb -19

Card image cap

Expeditors' Q4 Earnings Coming Up: What's in Store for the Stock?

Feb -17

Card image cap

Expeditors International (EXPD) Moves 4.2% Higher: Will This Strength Last?

Feb -16

Card image cap

Expeditors International of Washington, Inc. $EXPD Stock Position Lowered by Caisse Des Depots ET Consignations

Feb -12

Card image cap

Envestnet Asset Management Inc. Grows Position in Expeditors International of Washington, Inc. $EXPD

Feb -07

Card image cap

Principal Financial Group Inc. Trims Stock Holdings in Expeditors International of Washington, Inc. $EXPD

Feb -03

Card image cap

3 Transportation Stocks Set to Carve a Beat in This Earnings Season

Jan -29

Card image cap

Expeditors International of Washington, Inc. (NASDAQ:EXPD) Receives Consensus Rating of “Reduce” from Brokerages

Jan -29

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (2.97%)

6. Segments

Customs Brokerage and Other Services

Expected Growth: 2.8%

Expeditors International's Customs Brokerage and Other Services segment growth of 2.8% is driven by increasing global trade volumes, rising demand for logistics and supply chain management, and the company's strategic expansion into new markets and services, such as e-commerce and digital customs clearance.

Airfreight Services

Expected Growth: 3.2%

Expeditors International's airfreight services growth of 3.2% is driven by increasing e-commerce demand, rising global trade, and strategic investments in digitalization and capacity expansion. Additionally, the company's strong relationships with major airlines and its ability to provide customized logistics solutions have contributed to its growth.

Ocean Freight and Ocean Services

Expected Growth: 2.9%

Expeditors International's Ocean Freight and Ocean Services segment growth of 2.9% is driven by increasing global trade, rising demand for e-commerce and retail goods, and strategic investments in digitalization and process automation. Additionally, the company's strong relationships with carriers and shippers, as well as its expertise in customs brokerage and logistics, contribute to its growth momentum.

7. Detailed Products

Air Freight

Expeditors provides air freight services, offering fast and reliable transportation of goods by air, with a global network of partners and carriers.

Ocean Freight

Expeditors offers ocean freight services, providing cost-effective and efficient transportation of goods by sea, with a range of container options and carrier partnerships.

Customs Brokerage

Expeditors provides customs brokerage services, handling import and export clearance, compliance, and regulatory requirements for clients.

Land Freight

Expeditors offers land freight services, providing door-to-door transportation of goods by truck, rail, or intermodal, with a network of carriers and logistics partners.

Warehousing and Distribution

Expeditors provides warehousing and distribution services, offering storage, inventory management, and order fulfillment solutions.

Supply Chain Management

Expeditors offers supply chain management services, providing end-to-end logistics solutions, from procurement to delivery.

Consulting and Visibility

Expeditors provides consulting and visibility services, offering data analytics, benchmarking, and process improvement solutions.

8. Expeditors International of Washington, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Expeditors International of Washington, Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative logistics and transportation services.

Bargaining Power Of Customers

Expeditors International of Washington, Inc. has a diverse customer base, but some large customers have significant bargaining power due to their large volumes and long-term contracts.

Bargaining Power Of Suppliers

Expeditors International of Washington, Inc. has a strong negotiating position with its suppliers due to its large scale and global presence, reducing the bargaining power of suppliers.

Threat Of New Entrants

The logistics and transportation industry has high barriers to entry, including significant capital requirements and regulatory hurdles, making it difficult for new entrants to compete with Expeditors International of Washington, Inc.

Intensity Of Rivalry

The logistics and transportation industry is highly competitive, but Expeditors International of Washington, Inc. has a strong market position and differentiated services, reducing the intensity of rivalry.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 18.08%
Debt Cost 3.95%
Equity Weight 81.92%
Equity Cost 8.93%
WACC 8.03%
Leverage 22.08%

11. Quality Control: Expeditors International of Washington, Inc. passed 9 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Ryder System

A-Score: 5.9/10

Value: 7.2

Growth: 6.8

Quality: 3.0

Yield: 5.0

Momentum: 6.0

Volatility: 7.3

1-Year Total Return ->

Stock-Card
Expeditors International of Washington

A-Score: 5.5/10

Value: 2.9

Growth: 4.9

Quality: 7.1

Yield: 2.0

Momentum: 8.0

Volatility: 8.3

1-Year Total Return ->

Stock-Card
J.B. Hunt Transport Services

A-Score: 4.2/10

Value: 3.3

Growth: 5.0

Quality: 5.3

Yield: 2.0

Momentum: 4.0

Volatility: 5.7

1-Year Total Return ->

Stock-Card
Hub Group

A-Score: 4.1/10

Value: 5.1

Growth: 4.0

Quality: 6.1

Yield: 1.0

Momentum: 2.0

Volatility: 6.3

1-Year Total Return ->

Stock-Card
GXO Logistics

A-Score: 3.7/10

Value: 4.0

Growth: 5.9

Quality: 2.5

Yield: 0.0

Momentum: 3.5

Volatility: 6.0

1-Year Total Return ->

Stock-Card
XPO Logistics

A-Score: 3.3/10

Value: 2.0

Growth: 4.8

Quality: 3.9

Yield: 0.0

Momentum: 4.5

Volatility: 4.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

156.3$

Current Price

156.3$

Potential

-0.00%

Expected Cash-Flows