FedEx (NYSE:FDX) Updates FY 2025 Earnings Guidance

FedEx (NYSE:FDX) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 18.000-18.600 for the period, compared to the consensus earnings per share estimate of 19.180. The company issued revenue guidance of -$87.7 billion, compared to the consensus revenue estimate of $87.9 billion. FedEx also updated its FY25 guidance to $18.00-18.60 EPS.

FedEx Stock Performance

Shares of FedEx stock opened at $230.25 on Friday. FedEx has a one year low of $217.22 and a one year high of $313.84. The firm has a market capitalization of $55.46 billion, a price-to-earnings ratio of 14.68, a PEG ratio of 1.11 and a beta of 1.23. The business has a 50-day simple moving average of $259.95 and a 200 day simple moving average of $272.64. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.23 and a quick ratio of 1.19.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, March 20th. The shipping service provider reported $4.51 EPS for the quarter, missing analysts’ consensus estimates of $4.56 by ($0.05). The company had revenue of $22.16 billion for the quarter, compared to the consensus estimate of $21.96 billion. FedEx had a return on equity of 15.59% and a net margin of 4.45%. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $3.86 earnings per share. On average, research analysts anticipate that FedEx will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Monday, March 10th. FedEx’s dividend payout ratio is presently 35.18%.

Analysts Set New Price Targets

Several research firms have issued reports on FDX. TD Cowen dropped their target price on FedEx from $337.00 to $310.00 and set a “buy” rating on the stock in a research report on Friday. Truist Financial initiated coverage on FedEx in a research note on Thursday, March 13th. They issued a “buy” rating and a $305.00 target price on the stock. Piper Sandler cut FedEx to a “neutral” rating in a research note on Monday, February 3rd. Stifel Nicolaus reduced their target price on FedEx from $364.00 to $354.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Wells Fargo & Company reduced their target price on FedEx from $275.00 to $260.00 and set an “equal weight” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $301.60.

Insider Buying and Selling at FedEx

In other FedEx news, Director Amy B. Lane bought 333 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were acquired at an average cost of $276.06 per share, for a total transaction of $91,927.98. Following the purchase, the director now owns 333 shares in the company, valued at approximately $91,927.98. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John W. Dietrich purchased 1,000 shares of the stock in a transaction dated Tuesday, January 7th. The shares were purchased at an average cost of $273.98 per share, for a total transaction of $273,980.00. Following the completion of the acquisition, the executive vice president now directly owns 9,067 shares in the company, valued at approximately $2,484,176.66. This trade represents a 12.40 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 8.87% of the company’s stock.

Hedge Funds Weigh In On FedEx

A hedge fund recently raised its stake in FedEx stock. Brighton Jones LLC grew its position in shares of FedEx Co. (NYSE:FDX) by 12.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,825 shares of the shipping service provider’s stock after buying an additional 207 shares during the quarter. Brighton Jones LLC’s holdings in FedEx were worth $514,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 84.47% of the company’s stock.

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.