Latest news with #FDX
Yahoo
15 hours ago
- Business
- Yahoo
Why FedEx (FDX) Dipped More Than Broader Market Today
FedEx (FDX) closed at $227.26 in the latest trading session, marking a -1.65% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.29% for the day. Elsewhere, the Dow saw an upswing of 0.08%, while the tech-heavy Nasdaq depreciated by 0.4%. Heading into today, shares of the package delivery company had gained 1.18% over the past month, outpacing the Transportation sector's loss of 1.69% and lagging the S&P 500's gain of 3.25%. The upcoming earnings release of FedEx will be of great interest to investors. On that day, FedEx is projected to report earnings of $3.71 per share, which would represent year-over-year growth of 3.06%. Alongside, our most recent consensus estimate is anticipating revenue of $21.76 billion, indicating a 0.82% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $18.49 per share and a revenue of $89.4 billion, demonstrating changes of +1.65% and +1.68%, respectively, from the preceding year. Investors might also notice recent changes to analyst estimates for FedEx. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, FedEx is carrying a Zacks Rank of #3 (Hold). Valuation is also important, so investors should note that FedEx has a Forward P/E ratio of 12.5 right now. This denotes a discount relative to the industry average Forward P/E of 13.57. We can also see that FDX currently has a PEG ratio of 1.2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. FDX's industry had an average PEG ratio of 1.63 as of yesterday's close. The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This group has a Zacks Industry Rank of 203, putting it in the bottom 18% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FedEx Corporation (FDX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
09-08-2025
- Business
- Yahoo
FedEx (FDX) Beats Stock Market Upswing: What Investors Need to Know
FedEx (FDX) closed the most recent trading day at $228.05, moving +1.51% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.78%. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.98%. The stock of package delivery company has fallen by 5.89% in the past month, lagging the Transportation sector's loss of 2.05% and the S&P 500's gain of 1.86%. The upcoming earnings release of FedEx will be of great interest to investors. The company is predicted to post an EPS of $3.71, indicating a 3.06% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $21.76 billion, showing a 0.84% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates project earnings of $18.49 per share and a revenue of $89.4 billion, demonstrating changes of +1.65% and +1.68%, respectively, from the preceding year. Investors should also note any recent changes to analyst estimates for FedEx. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.3% upward. Currently, FedEx is carrying a Zacks Rank of #3 (Hold). In terms of valuation, FedEx is currently trading at a Forward P/E ratio of 12.15. For comparison, its industry has an average Forward P/E of 13.15, which means FedEx is trading at a discount to the group. We can also see that FDX currently has a PEG ratio of 1.17. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Transportation - Air Freight and Cargo industry held an average PEG ratio of 1.57. The Transportation - Air Freight and Cargo industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 201, positioning it in the bottom 19% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow FDX in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FedEx Corporation (FDX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-08-2025
- Business
- Yahoo
FedEx (FDX) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, FedEx (FDX) closed at $217.10, marking a -2.86% move from the previous day. This change lagged the S&P 500's daily loss of 1.6%. Elsewhere, the Dow saw a downswing of 1.23%, while the tech-heavy Nasdaq depreciated by 2.24%. Prior to today's trading, shares of the package delivery company had lost 7.35% lagged the Transportation sector's loss of 1.08% and the S&P 500's gain of 2.25%. Investors will be eagerly watching for the performance of FedEx in its upcoming earnings disclosure. The company's upcoming EPS is projected at $3.71, signifying a 3.06% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $21.76 billion, up 0.84% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $18.49 per share and revenue of $89.35 billion, indicating changes of +1.65% and +1.62%, respectively, compared to the previous year. Investors should also pay attention to any latest changes in analyst estimates for FedEx. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 0.3% rise in the Zacks Consensus EPS estimate. At present, FedEx boasts a Zacks Rank of #3 (Hold). Looking at its valuation, FedEx is holding a Forward P/E ratio of 12.09. This indicates a discount in contrast to its industry's Forward P/E of 13.04. Also, we should mention that FDX has a PEG ratio of 1.16. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Transportation - Air Freight and Cargo was holding an average PEG ratio of 1.56 at yesterday's closing price. The Transportation - Air Freight and Cargo industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 193, placing it within the bottom 22% of over 250 industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FedEx Corporation (FDX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-07-2025
- Business
- Yahoo
What to Expect From FedEx's Next Quarterly Earnings Report
Memphis, Tennessee-based FedEx Corporation (FDX) is a leading global provider of transportation, e‑commerce, and business services. Valued at a market cap of $57.4 billion, the company offers integrated business solutions that span express shipping, freight transportation, supply chain management, and e-commerce services. It is expected to announce its fiscal Q1 earnings for 2026 on Thursday, Sep. 18. Ahead of this event, analysts expect this delivery service provider to report a profit of $3.71 per share, up 3.1% from $3.60 per share in the year-ago quarter. The company has topped Wall Street's earnings estimates in two of the last four quarters, while missing on two other occasions. In Q4 2025, FDX's EPS of $6.07 outpaced the forecasted figure by 2.4%. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2026, analysts expect FDX to report a profit of $18.49 per share, up 1.7% from $18.19 per share in fiscal 2025. Furthermore, its EPS is expected to grow 13.4% year-over-year to $20.96 in fiscal 2027. Shares of FDX have fallen 18.6% over the past 52 weeks, considerably lagging behind both the S&P 500 Index's ($SPX) 18.3% rise and the Industrial Select Sector SPDR Fund's (XLI) 24.8% uptick over the same time frame. Despite delivering better-than-expected Q4 results on Jun. 24, shares of FDX tumbled 3.3% in the following trading session. The company's revenue grew marginally year-over-year to $22.2 billion, topping consensus estimates by 2.3%. Moreover, its adjusted earnings of $6.07 improved 12.2% from the same period last year and came in 2.4% above Wall Street estimates. However, its Q1 FY2026 adjusted earnings guidance of $3.40 to $4 per share fell short of market expectations, prompting investor concerns about near-term growth and resulting in a decline in the stock's value. Wall Street analysts are moderately optimistic about FDX's stock, with an overall "Moderate Buy" rating. Among 29 analysts covering the stock, 18 recommend "Strong Buy," one indicates a "Moderate Buy," eight advise 'Hold,' and two suggest a "Strong Sell' rating. The mean price target for FDX is $264.96, implying an 8.9% premium from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Wall Street Journal
18-07-2025
- Business
- Wall Street Journal
FedEx Technology Chief Departs After Internal Probe Into Unit He Oversaw
FedEx FDX -0.17%decrease; red down pointing triangle is parting ways with its chief digital and information officer, Sriram Krishnasamy, after a monthslong internal investigation into the unit that he oversaw. In a securities filing late Thursday, FedEx said that he and the company had 'mutually agreed' that he would step down from the role immediately. Krishnasamy will remain as an executive adviser through October or earlier, it said.
