FedEx (NYSE:FDX – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 18.000-18.600 for the period, compared to the consensus EPS 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.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on FDX. Loop Capital cut FedEx from a “buy” rating to a “hold” rating and dropped their price target for the company from $365.00 to $283.00 in a research note on Monday, February 3rd. Bank of America increased their price target on shares of FedEx from $325.00 to $348.00 and gave the company a “buy” rating in a report on Friday, December 20th. Stifel Nicolaus reduced their price objective on FedEx from $368.00 to $364.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. UBS Group increased their target price on FedEx from $311.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, December 20th. Finally, Raymond James downgraded FedEx from an “outperform” rating to a “market perform” rating in a research note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $317.48.
Read Our Latest Analysis on FedEx
FedEx Price Performance
FedEx (NYSE:FDX – Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The shipping service provider reported $4.51 earnings per share for the quarter, missing analysts’ consensus estimates of $4.59 by ($0.08). The company had revenue of $22.16 billion during the quarter, compared to analyst estimates of $21.96 billion. FedEx had a net margin of 4.45% and a return on equity of 15.59%. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.86 earnings per share. On average, analysts anticipate that FedEx will post 19.14 EPS for the current fiscal year.
FedEx Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date is Monday, March 10th. FedEx’s payout ratio is 35.18%.
Insider Activity at FedEx
In other news, Director Susan C. Schwab sold 3,980 shares of FedEx stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $276.45, for a total transaction of $1,100,271.00. Following the sale, the director now directly owns 8,904 shares of the company’s stock, valued at approximately $2,461,510.80. This trade represents a 30.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Amy B. Lane acquired 333 shares of the stock in a transaction dated Thursday, December 26th. The stock was purchased at an average cost of $276.06 per share, with a total value of $91,927.98. Following the purchase, the director now directly owns 333 shares of the company’s stock, valued at $91,927.98. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 8.87% of the stock is currently owned by company insiders.
Institutional Trading of FedEx
An institutional investor recently raised its position in FedEx stock. Brighton Jones LLC grew its holdings in shares of FedEx Co. (NYSE:FDX – Free Report) by 12.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,825 shares of the shipping service provider’s stock after acquiring an additional 207 shares during the period. Brighton Jones LLC’s holdings in FedEx were worth $514,000 as of its most recent SEC filing. 84.47% of the stock is owned by hedge funds and other institutional investors.
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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