FedEx (NYSE:FDX) Releases FY25 Earnings Guidance

FedEx (NYSE:FDX) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $19.00-20.00 for the period, compared to the consensus estimate of $19.44. The company issued revenue guidance of approx flat, compared to the consensus revenue estimate of $88.43 billion. FedEx also updated its FY 2025 guidance to 19.000-20.000 EPS.

FedEx Stock Up 1.0 %

NYSE FDX traded up $2.72 on Thursday, hitting $275.88. The stock had a trading volume of 3,816,084 shares, compared to its average volume of 1,789,283. FedEx has a 52-week low of $234.45 and a 52-week high of $313.84. The business’s fifty day moving average price is $282.25 and its 200 day moving average price is $281.70. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.28 and a quick ratio of 1.24. The stock has a market cap of $67.40 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 1.17 and a beta of 1.18.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 19th. The shipping service provider reported $4.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.88 by $0.17. The firm had revenue of $22 billion for the quarter, compared to the consensus estimate of $22.14 billion. FedEx had a net margin of 4.62% and a return on equity of 15.61%. The company’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.99 earnings per share. Equities research analysts anticipate that FedEx will post 19.59 earnings per share for the current year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Monday, December 9th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.00%. The ex-dividend date is Monday, December 9th. FedEx’s payout ratio is 34.05%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Stephens restated an “overweight” rating and set a $350.00 target price on shares of FedEx in a research report on Friday, September 20th. Citigroup raised their price objective on FedEx from $301.00 to $331.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Hsbc Global Res downgraded FedEx from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 20th. Stifel Nicolaus dropped their price target on shares of FedEx from $327.00 to $321.00 and set a “buy” rating on the stock in a research note on Friday, September 20th. Finally, Daiwa America cut shares of FedEx from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 11th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat.com, FedEx has an average rating of “Moderate Buy” and a consensus target price of $316.68.

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.