FedEx Corporation (FDX)
| Market Cap | 73.39B |
| Revenue (ttm) | 87.51B |
| Net Income (ttm) | 4.40B |
| Shares Out | 246.08M |
| EPS (ttm) | 17.31 |
| PE Ratio | 17.23 |
| Forward PE | 16.03 |
| Dividend | $5.52 (1.85%) |
| Ex-Dividend Date | Jun 24, 2024 |
| Volume | 1,754,235 |
| Open | 296.49 |
| Previous Close | 298.68 |
| Day's Range | 296.49 - 301.21 |
| 52-Week Range | 224.69 - 302.41 |
| Beta | 1.17 |
| Analysts | Buy |
| Price Target | 314.48 (+5.45%) |
| Earnings Date | Jun 25, 2024 |
About FDX
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. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services. The FedEx ... [Read more]
Financial Performance
In 2023, FedEx's revenue was $90.16 billion, a decrease of -3.59% compared to the previous year's $93.51 billion. Earnings were $3.97 billion, an increase of 3.82%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for FDX stock is "Buy." The 12-month stock price forecast is $314.48, which is an increase of 5.45% from the latest price.
News
FedEx's Performance Saves the CE 100 Index From Decline as Nike Disappoints
It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” a...
Should You Pick FedEx Stock At $300 After An Upbeat Q4?
FedEx stock (NYSE: FDX) saw a 15% rise on Wednesday, June 26, after it reported Q4'24 results (fiscal ends in May) better than the street estimates. FDX stock is up 17% year-to-date, compared to -12% ...
Experts Expect Spinoff as FedEx Considers Future of Freight Unit
FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit.
S&P 500 Gains and Losses Today: FedEx Stock Delivers Big Boost After Earnings Beat
Major U.S. equities indexes edged higher in the midweek session, led by outperformance in the consumer discretionary sector and tech stocks that continued to regain momentum.
FedEx Q4 Results 'Solid,' 2025 Guidance 'Appropriate,' Freight Spinoff 'Tantalizing Opportunity For Investors': 7 Analysts Size Up Results, What's Next
Transportation company FedEx Corporation FDX was sized up by analysts after reporting fourth-quarter results that beat estimates.
FedEx (FDX) Delivers on Earnings & Issues Positive Guidance
FedEx (FDX) cost-cutting will likely remain the main driver in recovering earnings back to the pandemic era records, notes Anthony Deruijter. He and Scott Schneeberger discuss how FedEx delivers on ea...
Nasdaq 100, Dow Jones, S&P 500 News: Modest Gains for Tech Stocks as FedEx and Whirlpool Surge
The Nasdaq sees modest gains as Nvidia edges up, continuing its recovery after a significant selloff that erased $430 billion from its market value.
Investors snap up FedEx bonds after strong earnings, strategic review of freight business
FedEx Corp.'s outstanding bonds saw net buying out of the gate on Wednesday, in a positive response to the company's better-than-expected fiscal fourth-quarter earnings and news of a strategic review ...
FedEx cost-cutting efforts pay off in Q4 earnings
Parcel and freight delivery company FedEx (FDX) reported a fiscal fourth-quarter earnings beat on Tuesday, posting in-line revenue of $21.1 billion and adjusted earnings of $5.41 per share (expected $...
FedEx Stock Soars on Big Earnings Beat: What To Know
FedEx stock is higher Wednesday after the logistics giant's impressive earnings results and upbeat outlook. Here's what you need to know.
FedEx Stock Delivers Best Day Since 2022—Shares Hit 3-Year High
FedEx shares paced Wednesday toward one of the biggest gains in the delivery giant's 46 years as a public company, after FedEx's quarterly earnings report brought investors the whole package.
FedEx cost cuts are delivering results, and potential freight spinoff is ‘tantalizing': analysts
FedEx Corp.'s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer's strategic review of its freight business.
Morning Minute: Wednesday, June 26
Rivian (RIVN) rallies on a massive investment from another automaker, FedEx (FDX) gains after an earnings beat, and Apple (AAPL) catches a midweek upgrade. #rivian #rivn #fedex #fdx #apple #aapl #ai #...
Nasdaq, S&P 500 Set To Open Higher On Nvidia Prop, FedEx Earnings, But Traders Could Move To Sidelines Ahead Of Key Data: Analyst Says Underweighting Techs 'Contrarian Bet'
Futures trading reflects the same trend seen on Tuesday, with the Nasdaq and S&P 500 futures firming up in early trading, while the Dow futures slipped. Notwithstanding the tech strength, the underlyi...
FedEx will benefit from chip demand, says Don Broughton
Don Broughton, managing partner at Broughton Capital, joins CNBC's 'Squawk Box' to discuss FedEx's earnings, why he's short on UPS, and more.
FedEx shares surge over 13% as investors welcome $1.8 b reduction in structural costs
FedEx Corp. shares surged over 13% in Wednesday's premarket session following the company's announcement of significant structural cost reductions for fiscal year 2024. Investors reacted positively to...
Watch These FedEx Price Levels as Stock Soars After Earnings Beat
Shares in package delivery giant FedEx (FDX) moved sharply higher ahead of Wednesday's opening bell after the company topped Wall Street's quarterly earnings estimates and provided an optimistic outlo...
FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines. In May, its FedEx Express U.S.
FedEx rallies after big cost cuts, but one analyst wonders if the easy reductions are in the past
Shares of FedEx Corp. rallied after hours on Tuesday after the package deliverer said it expected better demand for the fiscal year ahead and said it had placed its freight business under review, as i...
FedEx Stock Jumps on Better-Than-Expected Earnings Driven By Cost Cutting
FedEx (FDX) reported better-than-expected quarterly earnings on Tuesday, sending shares of the parcel deliver company sharply higher in extended trading.
FedEx shares jump after hours as massive cost-cutting measures kick in
The company reported revenue and earnings beats and a drop in capital spending on Tuesday for its fiscal fourth quarter. FedEx is in the midst of a $4 billion cost-cutting effort, including the consol...
FedEx shares skyrocket on earnings beat
Peter McNally, Third Bridge Global Sector Lead for Industrials, Materials, and Energy, joins 'Closing Bell Overtime' to talk FedEx earnings.
FedEx Gives Better-Than-Expected Forecast on Cost Cuts
FedEx forecast profit above Wall Street's expectations and said it would buy back $2.5 billion of its stock over the next year. Lee Klaskow has more on "Bloomberg The Close.
FedEx's (FDX) Earnings & $5B Share Repurchase Program
FedEx (FDX) shares popped after an earnings beat. $FDX reported an 4Q adjusted EPS of $5.41 versus an estimated $5.34 and revenue came in at $22.10B versus an estimated $22.12B.
FedEx Q4 Earnings Highlights: Shares Surge On Revenue Beat, Guidance, $2.5-Billion Buyback, Freight Strategic Review
Logistics company FedEx Corporation FDX reported fourth-quarter financial results after the market close Tuesday.