Several brokerages have updated their recommendations and price targets on shares of FedEx (NYSE: FDX) in the last few weeks:
- 3/13/2025 – FedEx is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $305.00 price target on the stock.
- 3/7/2025 – FedEx is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $337.00 price target on the stock.
- 3/6/2025 – FedEx had its price target lowered by analysts at Wells Fargo & Company from $320.00 to $275.00. They now have an “equal weight” rating on the stock.
- 3/3/2025 – FedEx had its price target lowered by analysts at JPMorgan Chase & Co. from $372.00 to $323.00. They now have an “overweight” rating on the stock.
- 2/3/2025 – FedEx was downgraded by analysts at Piper Sandler to a “neutral” rating.
- 2/3/2025 – FedEx was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating.
- 2/3/2025 – FedEx was downgraded by analysts at Loop Capital from a “buy” rating to a “hold” rating. They now have a $283.00 price target on the stock, down previously from $365.00.
- 1/23/2025 – FedEx had its price target lowered by analysts at Stifel Nicolaus from $368.00 to $364.00. They now have a “buy” rating on the stock.
- 1/16/2025 – FedEx was upgraded by analysts at BNP Paribas from a “strong sell” rating to a “strong-buy” rating.
FedEx Trading Up 0.1 %
FDX traded up $0.27 during mid-day trading on Friday, hitting $241.25. 815,484 shares of the stock were exchanged, compared to its average volume of 1,649,082. The company has a current ratio of 1.23, a quick ratio of 1.19 and a debt-to-equity ratio of 0.73. The company has a market cap of $58.11 billion, a PE ratio of 15.38, a PEG ratio of 1.11 and a beta of 1.23. The firm’s fifty day moving average is $263.68 and its two-hundred day moving average is $274.89. FedEx Co. has a 1-year low of $239.50 and a 1-year high of $313.84.
FedEx (NYSE:FDX – Get Free Report) last issued its earnings results on Thursday, December 19th. The shipping service provider reported $4.05 EPS for the quarter, topping analysts’ consensus estimates of $3.88 by $0.17. The firm had revenue of $22 billion during the quarter, compared to the consensus estimate of $22.14 billion. FedEx had a net margin of 4.45% and a return on equity of 15.59%. The company’s revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.99 earnings per share. Equities analysts forecast that FedEx Co. will post 19.14 earnings per share for the current fiscal year.
FedEx Dividend Announcement
Insiders Place Their Bets
In other FedEx news, Director Amy B. Lane bought 333 shares of the stock in a transaction dated 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 completion of the transaction, the director now owns 333 shares in the company, valued at approximately $91,927.98. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard W. Smith sold 2,576 shares of the company’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $276.93, for a total transaction of $713,371.68. Following the completion of the sale, the chief executive officer now owns 111,886 shares of the company’s stock, valued at approximately $30,984,589.98. This trade represents a 2.25 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 8.87% of the company’s stock.
Institutional Investors Weigh In On FedEx
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Fortitude Family Office LLC increased its position in FedEx by 144.4% in the 4th quarter. Fortitude Family Office LLC now owns 88 shares of the shipping service provider’s stock valued at $25,000 after acquiring an additional 52 shares during the period. Transce3nd LLC acquired a new position in shares of FedEx in the fourth quarter valued at approximately $26,000. Peoples Financial Services CORP. purchased a new stake in shares of FedEx during the fourth quarter worth approximately $28,000. City Holding Co. acquired a new stake in shares of FedEx during the fourth quarter worth $28,000. Finally, Kentucky Trust Co purchased a new position in FedEx in the 4th quarter valued at $28,000. 84.47% of the stock is owned by hedge funds and other institutional investors.
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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