FedEx Corporation (FDX)
| Market Cap | 65.47B |
| Revenue (ttm) | 87.51B |
| Net Income (ttm) | 4.40B |
| Shares Out | 246.08M |
| EPS (ttm) | 17.31 |
| PE Ratio | 15.38 |
| Forward PE | 14.09 |
| Dividend | $5.04 (1.89%) |
| Ex-Dividend Date | Mar 8, 2024 |
| Volume | 1,103,564 |
| Open | 270.51 |
| Previous Close | 271.75 |
| Day's Range | 263.58 - 271.33 |
| 52-Week Range | 213.81 - 291.27 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 300.33 (+12.88%) |
| Earnings Date | Jun 18, 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 26 analysts, the average rating for FDX stock is "Buy." The 12-month stock price forecast is $300.33, which is an increase of 12.88% from the latest price.
News
UPS and FedEx are desperate for volumes, says Conor Cunningham
Conor Cunningham, Director at Melius Research, discusses earnings from UPS.
ProShip Earns Third FedEx Compatible Solution of the Year Award and Tenth Diamond Status
BROOKFIELD, Wis.--(BUSINESS WIRE)--Each year, FedEx recognizes outstanding solutions that contribute significantly to the success of the FedEx ecosystem and customer base. The top solutions can earn e...
Postal Service Picks UPS to Move Air Cargo, Replacing FedEx
The FedEx contract is set to end in September after more than 20 years.
UPS in, FedEx out as the primary air cargo provider for U.S. Mail
United Parcel Service Inc (NYSE: UPS) is in the green this morning after the United States Postal Service said the multinational will become its primary air cargo provider. FedEx is parting ways with ...
FedEx's stock dips after parcel-delivery company says its USPS contract will expire in September
FedEx Corp.'s stock fell more than 2% early Monday, after the parcel-delivery company said its contract with the U.S. Postal Service, USPS, will expire on Sept. 29, after the two entities failed to ag...
GOOGL, TSLA, FDX: Stocks to Watch
Alphabet (GOOGL) is a good, lower-cost way to participate in the A.I. craze, notes Scott Nations.
Should You Pick FedEx Stock At $300 After Q3 Earnings Beat?
FedEx stock (NYSE: FDX) recently reported its Q3'24 results (fiscal ends in May), with revenue falling short and earnings exceeding our expectations. The company reported revenue of $21.7 billion and ...
The Score: Reddit, Apple, FedEx and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
FedEx Plans $5 Billion Buyback, Shares Surge
FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, sending the courier's stock soaring. Simone Foxman reports.
FedEx stock jumps on earnings beat: Here's what to know
Brandon Oglenski, Barclays senior airlines and transportation analyst, joins 'Squawk Box' to break down FedEx's quarterly earnings results, which beat quarterly earnings expectations in Q3 but fell sh...
FedEx Stock Jumps After Earnings Beat. The Economy Still Isn't Helping.
Investors got another quarter of success in controlling costs amid falling sales.
Can FedEx's Commerce Platform Challenge Amazon?
What's better than a delivery fleet spanning hundreds of aircraft, tens of thousands of vehicles and hundreds of service centers? It depends on who you ask, but FedEx — which boasts the operational fo...
FedEx shares jump despite mixed Q3 results
Jonathan Chappell, Evercore ISI senior managing director, joins 'Closing Bell Overtime' to discuss FedEx quarterly earnings and the stock's reaction.
FedEx's stock jumps 10% after logistics company raises guidance, trims spending
FedEx Corp.'s stock rallied more than 10% in the after-hours session on Thursday after the logistics company raised its 2024 guidance and said it would continue to cut costs and trim its spending for ...
FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the third quarter ended February 29 (adjusted measures exclude the items listed below): ...
Three-Stock Lunch: Darden Restaurants, Micron & FedEx
Aadil Zaman, Wall Street Alliance Group partner, joins 'Closing Bell' to discuss three stock plays for Darden Restaurants, Micron and FedEx.
Expect to see continued pressure from FedEx's results, says Ken Hoexter
Ken Hoexter, Senior Transportation Analyst at BofA Securities, discusses what's in store for FedEx's earnings report.
Central Bank Decisions, Nike & FedEx Earnings | What We're Watching
What we're watching for tomorrow Central Bank Decisions, Nike & FedEx Earnings.
What To Expect From FedEx's Q3 After 20% Gains In A Year?
FedEx (NYSE: FDX) is scheduled to report its fiscal Q3 2024 results on Thursday, March 21. We expect it to post revenue in line and earnings above the street expectations.
Amazon, FedEx in Talks to Enhance Return Process for Online Shoppers
For years, the working relationship between Amazon and FedEx has been a little unpredictable. Once, the two corporate behemoths enjoyed a symbiotic partnership, but in 2019, they drifted apart, eventu...
Amazon, FedEx reportedly weighed teaming up on returns last year
Amazon and FedEx reportedly weighed teaming up on returns last year. FedEx previously had a business relationship with Amazon.
Calls of the Day: Netflix, Fedex, Darden and Vertiv
The Investment Committee debate how to trade the latest calls of the day.
FedEx and Amazon Explored Partnership in eCommerce Returns Last Year
FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. Although no deal was reached, the talks underscore the ...
Up 30% In A Year, Is FedEx Stock A Better Pick Over UPS?
Given its better prospects, we believe UPS stock (NYSE: UPS) is a better pick than its peer — FedEx stock (NYSE: FDX). UPS trades at a higher valuation multiple of 1.4x revenues vs.
FedEx and Amazon Discussed Partnership as Competition for Returning Packages Intensifies
The talks didn't result in a deal but illustrate shifts in the growing business of handling parcels that customers send back