FedEx Corporation (NYSE:FDX) Receives Average Rating of “Moderate Buy” from Analysts

Shares of FedEx Corporation (NYSE:FDX) have earned a consensus rating of “Moderate Buy” from the twenty-eight ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $276.0833.

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reissued a “neutral” rating on shares of FedEx in a research report on Thursday. Weiss Ratings reiterated a “hold (c+)” rating on shares of FedEx in a research note on Friday, October 31st. HSBC boosted their price objective on shares of FedEx from $230.00 to $235.00 in a report on Friday, September 19th. Raymond James Financial reaffirmed an “outperform” rating and set a $255.00 target price on shares of FedEx in a report on Thursday, September 18th. Finally, BMO Capital Markets dropped their price target on shares of FedEx from $260.00 to $255.00 and set a “market perform” rating for the company in a research report on Friday, September 19th.

FedEx Trading Up 0.2%

Shares of FDX stock opened at $267.79 on Tuesday. FedEx has a 12-month low of $194.29 and a 12-month high of $308.53. The company has a market capitalization of $63.19 billion, a PE ratio of 15.63, a price-to-earnings-growth ratio of 1.49 and a beta of 1.31. The firm has a 50 day moving average price of $241.43 and a two-hundred day moving average price of $231.79. 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 released its quarterly earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share for the quarter, topping the consensus estimate of $3.71 by $0.12. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $21.74 billion. During the same period last year, the firm posted $3.60 EPS. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. As a group, analysts predict that FedEx will post 19.14 earnings per share for the current year.

Institutional Trading of FedEx

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of FedEx by 13.2% in the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after purchasing an additional 2,741,723 shares during the period. Dodge & Cox increased its holdings in FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after buying an additional 1,742,666 shares during the period. Geode Capital Management LLC raised its position in shares of FedEx by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock valued at $1,124,524,000 after buying an additional 28,450 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of FedEx by 5.9% during the 3rd quarter. Franklin Resources Inc. now owns 4,814,938 shares of the shipping service provider’s stock worth $1,135,411,000 after acquiring an additional 269,567 shares during the period. Finally, Valeo Financial Advisors LLC boosted its position in shares of FedEx by 28,080.9% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock worth $850,948,000 after acquiring an additional 3,730,273 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

About FedEx

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.