FedEx Corporation (FDX)
| Market Cap | 63.22B |
| Revenue (ttm) | 87.95B |
| Net Income (ttm) | 4.29B |
| Shares Out | 249.89M |
| EPS (ttm) | 16.85 |
| PE Ratio | 15.01 |
| Forward PE | 13.18 |
| Dividend | $5.04 (1.99%) |
| Ex-Dividend Date | Dec 8, 2023 |
| Volume | 1,937,024 |
| Open | 254.07 |
| Previous Close | 253.58 |
| Day's Range | 251.86 - 255.63 |
| 52-Week Range | 171.55 - 285.53 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 285.04 (+12.68%) |
| Earnings Date | Dec 19, 2023 |
About FDX
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services. The FedEx ... [Read more]
Financial Performance
In 2023, FedEx's revenue was $90.16 billion, a decrease of -3.59% compared to the previous year's $93.51 billion. Earnings were $3.97 billion, an increase of 3.82%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for FDX stock is "Buy." The 12-month stock price forecast is $285.04, which is an increase of 12.68% from the latest price.
News
From FedEx to airlines, companies are starting to lose their pricing power
CNBC's Leslie Josephs and DCLA's Sarat Sethi, join 'Power Lunch' to discuss companies losing their pricing power in 2023.
Piper Sandler bearish on FedEx
Bryn Talkington, managing partner at Requisite Capital Management, joins CNBC's 'Halftime Report' to discuss what she's watching and more.
FedEx's stock rises after $1 billion accelerated buyback program announced
Shares of FedEx Corp. FDX climbed 0.5% in premarket trading Tuesday, after the package-delivery company announced a $1 billion accelerated share repurchase program. The ASR agreement represents about ...
FedEx Initiates $1.0 Billion Accelerated Share Repurchase Agreement as Part of Its Commitment to Enhance Capital Returns to Stockholders
MEMPHIS, Tenn.--(BUSINESS WIRE)--As part of its commitment to enhance capital returns to stockholders, FedEx Corp. (NYSE: FDX) today announced that it has entered into an accelerated share repurchase ...
Silvia Davila, Regional President, Latin America, Danone S.A., Elected to FedEx Board of Directors
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX) announced today that Silvia Davila has been elected to the FedEx Board of Directors. Ms. Davila serves as the regional president of Latin...
3-Stock Lunch: FDX, GIS & LOW
Michael Farr, Farr, Miller & Washington president, joins ‘Power Lunch' to discuss three stocks: FedEx, General Mills and Lowe's.
FedEx is the S&P 500's worst performer today. Here's where analysts say it's running into problems despite efforts to cut billions in costs.
FedEx Corp. was the S&P 500's worst performer on Wednesday, after the package deliverer a day earlier trimmed its sales forecast and reported weaker-than-expected quarterly results.
Midday Movers: Alphabet Jumps, FedEx and General Mills Slip
The rally for U.S. equities continued at midday, boosted by tech stocks. The Dow and S&P 500 were slightly higher, while the Nasdaq added 0.3%.
FedEx Plunges After Its Latest Earnings Report—Here's Why
FedEx (FDX) was the worst-performing stock in the S&P 500 Wednesday morning, with shares plunging over 10% after the delivery firm posted worse-than-expected results and cut its guidance on weaker dem...
Analyst discusses Outperform rating on FedEx as company seeks to restructure ground delivery in 2024
FedEx (FDX) stock is trading lower following a second-quarter earnings miss reported by the freight operator on Tuesday. Despite this, investors remain optimistic, including TD Cowen Senior Research A...
Buying FedEx weakness today will result in better earnings over next 1-2 years: Citi's Wetherbee
Christian Wetherbee, Citigroup head of global transportation, joins 'Squawk on the Street' to discuss Wetherbee's $300 price target for FedEx, if the company's headwinds are transitory, and how confid...
Buy FedEx's stock on the big dip, analyst says
Shares of FedEx Corp. have fallen so much on the back of the package delivery giant's earnings miss, that it has created an attractive buying opportunity for investors, one Wall Street analyst said.
People Are Trading Down From Express to Ground: Becker
FedEx Corp. shares fell after 2Q profits came in below expectations. Helane Becker of TD Cowen says customers are trading down from express to ground shipping.
FedEx Stock Limps To 2023-Worst 11% Slide—Sending Stocks Toward Worst Day In Weeks
Shares of FedEx tanked Wednesday after a declining sales forecast delivered during the firm's earnings report disappointed investors, causing red-hot stock indexes to slide as FedEx's results revealed...
Levered for success, FedEx sends shockwaves through the market
FedEx Corporation NYSE: FDX executes well and builds earnings leverage. The bad news is that business continues to weaken, impacting the overall top and bottom-line results and the economic outlook.
3 Charts For Investors to Watch Wednesday: FedEx, Chewy, Affirm
Here's our daily look at three charts linked to recent news-driven price moves, with key technical levels to eye.
All the cost-cutting at FedEx could power strong earnings to the bottom line, says Donald Broughton
Donald Broughton, Broughton Capital managing partner, joins 'Squawk Box' to discuss FedEx's quarterly earnings results, which fell short of estimates in its fiscal second quarter and lowered its reven...
FedEx 2Q Profit Misses on Air-Freight Volume Weakness
FedEx Corp. reported profit that fell below analyst expectations in the second quarter as cost cuts couldn't make up for volume declines at the air-freight unit. Bloomberg Intelligence's Lee Klaskow h...
FedEx's stock selloff set to shave more than 170 points off the Dow transports' price
Shares of FedEx Corp. FDX, -0.68% took a 10.2% dive toward a five-week low in premarket trading Wednesday, after the package delivery giant missed earnings expectations and cut its full-year sales out...
FedEx Stock Plunges. There Are Reasons to Believe in Its Turnaround Plan.
FedEx shares are falling after a downbeat revenue outlook. However, Wall Street analysts still see several reasons to back a turnaround plan that has driven the stock sharply higher over the past year...
FedEx profit misses, cuts full-year revenue forecast; shares sink
Dec 19 (Reuters) - FedEx (FDX.N) cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts' targets on Tuesday, sending shares tumbling 9.8%, as its largest Expr...
FedEx falls short of Q2 earnings estimates
FedEx (FDX) shares slide lower in the after-hours trading session after the courier missed on second-quarter earnings estimates, falling short on the top and bottom lines. Yahoo Finance's Julie Hyman ...
Express has been FedEx's 'problem child' for awhile, says Melius' Conor Cunningham
Conor Cunningham, Melius Research Director, joins 'Closing Bell Overtime' to talk FedEx earnings.
Pro: ‘eCommerce trade is still favourable for FedEx' after Q2 earnings
FedEx Corp (NYSE: FDX) tanked nearly 10% in extended hours on Tuesday after reporting weaker-than-expected results for its second financial quarter. FedEx stock down on trimmed guidance The stock is b...
FedEx shares tumble after weaker demand hits revenue outlook
It's the second consecutive quarter FedEx has lowered its sales guidance.