Is Expeditors International Stock Underperforming the Nasdaq?

Core Insights - Expeditors International of Washington, Inc. is a leading global logistics and supply chain services company with a market capitalization of $16.3 billion, providing a range of services including freight forwarding, customs brokerage, and warehousing [1][2] Company Performance - The stock of Expeditors International is currently 8.7% below its 52-week high of $131.59, reached on September 30, 2024, and has gained 6.3% over the past three months, underperforming the Nasdaq Composite's 15.8% rise during the same period [3] - Year-to-date, the stock has gained 8.5% but has declined 4.4% over the past 52 weeks, while the Nasdaq Composite has seen gains of 17.2% YTD and 25.6% over the past year [4] - The stock has shown signs of recovery after a period of volatility, climbing above its 50-day moving average in May and surpassing the 200-day line by August, indicating a bullish trend [4] Market Challenges - The company has faced challenges such as weakness in freight demand, trade uncertainties, tariff risks, and margin pressures, which have negatively impacted investor sentiment [5] - Despite these challenges, Expeditors reported stronger Q2 results, with revenue rising 9% year-over-year to $2.7 billion and EPS increasing by 8% to $1.34, leading to a 2.1% increase in shares in the following trading session [6]