Based on the available data and upcoming earnings announcement, here's a comprehensive analysis for EXPD:
Technical Analysis
The stock is currently trading at $113.65, showing a moderate upward trend with recent support around $110.31 and resistance at $113.46 based on Fibonacci levels. The stock has formed a bullish pattern with higher lows, suggesting positive momentum.
Upcoming Earnings Catalyst
According to recent reports, EXPD is scheduled to announce Q4 2024 earnings before market open on February 18, 2025 (tomorrow). Key expectations:
- EPS forecast: $1.43 (31.19% YoY increase)
- Analysts following: 6 analysts
- Previous quarter performance: Beat EPS estimates by 22.6%
Fundamental Analysis
The company shows strong fundamentals:
- P/E ratio: 20.61x (vs industry average of 10.40x)
- Strong balance sheet with no debt
- Current ratio: 2.20
- ROE: 41.11%
Analyst Sentiment
The current analyst consensus is moderately bearish:
- Overall rating: "Moderate Sell"
- 8 Hold ratings
- 6 Strong Sell ratings
- Average price target: $114.92 (only 4.1% upside potential)
Recommendation
Given the upcoming earnings announcement tomorrow and current technical setup, it would be prudent to HOLD EXPD stock at current levels. The reasons are:
- While technical indicators show positive momentum, the stock is approaching resistance levels
- Earnings announcement tomorrow creates significant near-term uncertainty
- Current valuation appears stretched compared to industry peers
- Limited upside potential based on analyst price targets