Stephens Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock

FedEx (NYSE:FDX) had its price target boosted by stock analysts at Stephens from $260.00 to $330.00 in a research report issued on Friday, MarketBeat reports. The firm currently has an “overweight” rating on the shipping service provider’s stock. Stephens’ price objective indicates a potential upside of 16.29% from the stock’s current price.

A number of other equities research analysts have also recently commented on FDX. Vertical Research cut their target price on FedEx from $280.00 to $275.00 in a research note on Friday, September 19th. Truist Financial set a $285.00 price target on shares of FedEx in a report on Tuesday, October 14th. BMO Capital Markets restated a “market perform” rating and issued a $290.00 price objective on shares of FedEx in a report on Friday. Evercore ISI increased their target price on FedEx from $275.00 to $288.00 in a research note on Friday. Finally, Barclays boosted their price target on FedEx from $320.00 to $360.00 and gave the stock an “overweight” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $291.36.

FedEx Stock Performance

Shares of FDX stock opened at $283.78 on Friday. The company’s fifty day moving average price is $261.06 and its 200-day moving average price is $240.75. The stock has a market cap of $66.96 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 1.46 and a beta of 1.32. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73. FedEx has a 12 month low of $194.29 and a 12 month high of $295.24.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. FedEx had a net margin of 4.65% and a return on equity of 16.33%. The business had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the prior year, the company earned $4.05 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, equities analysts expect that FedEx will post 19.14 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in FedEx by 13.2% during the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after acquiring an additional 2,741,723 shares during the period. Dodge & Cox boosted its stake in shares of FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after acquiring an additional 1,742,666 shares during the period. Geode Capital Management LLC grew its position in shares of FedEx by 0.6% during the second quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock worth $1,124,524,000 after purchasing an additional 28,450 shares in the last quarter. Franklin Resources Inc. lifted its holdings in FedEx by 5.9% in 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 purchasing an additional 269,567 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in FedEx by 28,080.9% in 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 purchasing an additional 3,730,273 shares during the period. 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.