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Is Expeditors International of Washington (EXPD) Stock Outpacing Its Transportation Peers This Year?

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Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is Expeditors International (EXPD - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.

Expeditors International is a member of our Transportation group, which includes 122 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Expeditors International is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for EXPD's full-year earnings has moved 6.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, EXPD has moved about 33% on a year-to-date basis. Meanwhile, the Transportation sector has returned an average of -2.5% on a year-to-date basis. As we can see, Expeditors International is performing better than its sector in the calendar year.

One other Transportation stock that has outperformed the sector so far this year is LATAM (LTM - Free Report) . The stock is up 74.1% year-to-date.

For LATAM, the consensus EPS estimate for the current year has increased 5.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Expeditors International belongs to the Transportation - Services industry, which includes 22 individual stocks and currently sits at #183 in the Zacks Industry Rank. This group has gained an average of 0.2% so far this year, so EXPD is performing better in this area.

LATAM, however, belongs to the Transportation - Airline industry. Currently, this 26-stock industry is ranked #161. The industry has moved +8% so far this year.

Investors interested in the Transportation sector may want to keep a close eye on Expeditors International and LATAM as they attempt to continue their solid performance.


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Expeditors International of Washington, Inc. (EXPD) - free report >>

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