FedEx Corporation (NYSE:FDX – Get Free Report) has been assigned an average rating of “Moderate Buy” from the twenty-eight ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation, fifteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $271.8333.
A number of equities analysts recently issued reports on the stock. Bank of America upped their price objective on shares of FedEx from $240.00 to $244.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. The Goldman Sachs Group lowered their price objective on shares of FedEx from $290.00 to $276.00 and set a “buy” rating for the company in a research report on Friday, September 12th. Citigroup upped their price objective on shares of FedEx from $275.00 to $279.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. BNP Paribas Exane upgraded shares of FedEx from an “underperform” rating to an “outperform” rating and set a $270.00 price objective for the company in a research report on Thursday, July 3rd. Finally, HSBC raised their price target on shares of FedEx from $230.00 to $235.00 in a research note on Friday, September 19th.
Read Our Latest Stock Report on FDX
Institutional Investors Weigh In On FedEx
FedEx Price Performance
Shares of NYSE:FDX opened at $242.80 on Friday. The firm has a 50 day moving average of $232.46 and a 200-day moving average of $225.87. The stock has a market capitalization of $57.29 billion, a PE ratio of 14.17, a PEG ratio of 1.34 and a beta of 1.28. FedEx has a 12 month low of $194.29 and a 12 month high of $308.53. 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 (NYSE:FDX – Get Free Report) last released its quarterly earnings data on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.71 by $0.12. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $21.74 billion. FedEx had a net margin of 4.65% and a return on equity of 16.33%. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $3.60 EPS. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. On average, equities research analysts predict that FedEx will post 19.14 EPS for the current fiscal year.
FedEx Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th were issued a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, September 8th. This represents a $5.80 annualized dividend and a yield of 2.4%. FedEx’s payout ratio is presently 33.86%.
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.
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