Zacks Research Comments on FedEx’s Q3 Earnings (NYSE:FDX)

FedEx Corporation (NYSE:FDX) – Equities researchers at Zacks Research lifted their Q3 2026 earnings per share estimates for shares of FedEx in a note issued to investors on Thursday, November 6th. Zacks Research analyst Team now anticipates that the shipping service provider will earn $3.69 per share for the quarter, up from their prior forecast of $3.67. The consensus estimate for FedEx’s current full-year earnings is $19.14 per share.

A number of other equities analysts have also recently issued reports on the stock. Jefferies Financial Group lifted their target price on shares of FedEx from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Truist Financial set a $285.00 target price on FedEx in a research note on Tuesday, October 14th. Daiwa Capital Markets increased their target price on FedEx from $232.00 to $240.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. Vertical Research dropped their price target on FedEx from $280.00 to $275.00 in a research report on Friday, September 19th. Finally, BMO Capital Markets cut their price target on FedEx from $260.00 to $255.00 and set a “market perform” rating for the company in a report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $273.08.

FedEx Price Performance

FedEx stock opened at $254.21 on Monday. The firm has a market capitalization of $59.98 billion, a PE ratio of 14.84, a P/E/G ratio of 1.46 and a beta of 1.31. FedEx has a 52 week low of $194.29 and a 52 week high of $308.53. The firm’s 50-day simple moving average is $238.02 and its 200 day simple moving average is $230.32. The company has a quick ratio of 1.21, a current ratio of 1.25 and a debt-to-equity ratio of 0.73.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, September 18th. The shipping service provider reported $3.83 EPS for the quarter, topping analysts’ consensus estimates of $3.71 by $0.12. The company had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.FedEx’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.60 earnings per share. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after purchasing an additional 207 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of FedEx by 0.5% during the 1st quarter. Cerity Partners LLC now owns 62,859 shares of the shipping service provider’s stock valued at $15,344,000 after acquiring an additional 339 shares in the last quarter. Fort Sheridan Advisors LLC boosted its position in FedEx by 21.1% during the 1st quarter. Fort Sheridan Advisors LLC now owns 1,721 shares of the shipping service provider’s stock worth $420,000 after purchasing an additional 300 shares during the period. Arizona State Retirement System boosted its position in FedEx by 0.6% during the 1st quarter. Arizona State Retirement System now owns 67,148 shares of the shipping service provider’s stock worth $16,369,000 after purchasing an additional 423 shares during the period. Finally, Stephens Inc. AR increased its holdings in FedEx by 0.8% in the 1st quarter. Stephens Inc. AR now owns 52,790 shares of the shipping service provider’s stock valued at $12,869,000 after purchasing an additional 437 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Company Profile

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.