FedEx Corporation (FDX)

NYSE: FDX · IEX Real-Time Price · USD
172.33
+1.57 (0.92%)
At close: Dec 9, 2022 4:00 PM
172.00
-0.33 (-0.19%)
After-hours: Dec 9, 2022 5:52 PM EST
0.92%
Market Cap 44.73B
Revenue (ttm) 94.75B
Net Income (ttm) 3.59B
Shares Out 259.85M
EPS (ttm) 13.57
PE Ratio 12.70
Forward PE 12.20
Dividend $4.20 (2.44%)
Ex-Dividend Date Dec 9, 2022
Volume 1,443,359
Open 170.15
Previous Close 170.76
Day's Range 170.34 - 174.83
52-Week Range 141.92 - 266.79
Beta 1.34
Analysts Buy
Price Target 196.35 (+13.9%)
Earnings Date Dec 20, 2022

About FDX

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transporta... [Read more]

Industry Air Freight & Logistics
Founded 1971
CEO Frederick Smith
Employees 345,000
Stock Exchange NYSE
Ticker Symbol FDX
Full Company Profile

Financial Performance

In 2022, FedEx's revenue was $93.51 billion, an increase of 11.38% compared to the previous year's $83.96 billion. Earnings were $3.83 billion, a decrease of -26.86%.

Financial Statements

Analyst Forecast

According to 36 analysts, the average rating for FDX stock is "Buy." The 12-month stock price forecast is 196.35, which is an increase of 13.94% from the latest price.

Price Target
$196.35
(13.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Parcel carriers post strong early holiday delivery performance, consultancy says

The major parcel-delivery carriers reported high on-time performance rates through November, which included Black Friday and Cyber Monday when holiday shopping spikes, consultancy ShipMatrix said Thursd...

Other symbols: UPS
1 day ago - FreightWaves

Can FedEx dig Ground Economy out of a hole?

FedEx Corp.'s ground delivery unit, FedEx Ground, spent several years shifting last-mile delivery traffic from a long-standing partnership with the U.S. Postal Service to its own network. The idea was t...

3 days ago - FreightWaves

In the parcel industry, 2023 looks like revenge of the shipper

It has been a difficult three years for parcel shippers. Base rates and accessorial charges have spiked to record levels.

Other symbols: AMZNUPS
4 days ago - FreightWaves

Three-Stock Lunch: Adobe, Salesforce and FedEx

Art Hogan, B. Riley Wealth chief market strategist, joins 'Power Lunch' to discuss Hogan's investing take on three stocks: Adobe, Salesforce and FedEx.

Other symbols: ADBECRM
1 week ago - CNBC Television

Why FedEx Stock Jumped 13% in November

The company's cost-cutting plan is on track.

1 week ago - The Motley Fool

FedEx Freight to begin driver furloughs Sunday

FedEx Freight, the nation's largest less-than-truckload carrier, will begin furloughing an undetermined number of drivers on Sunday, the FedEx Corp. unit confirmed Wednesday. The voluntary furloughs wil...

1 week ago - FreightWaves

How a rail strike could interrupt parcel delivery services

Donald Broughton, managing director of Broughton Capital, joins 'The Exchange' to discuss moves in Congress to avert a rail strike, the sectors vulnerable to a potential strike, and the turmoil a rail s...

Other symbols: CVLGJBHTUPS
1 week ago - CNBC Television

New Strong Sell Stocks for November 29th

FDX, IMAX and LPX have been added to the Zacks Rank #5 (Strong Sell) List on November 29, 2022.

Other symbols: IMAXLPX
1 week ago - Zacks Investment Research

Here is What to Know Beyond Why FedEx Corporation (FDX) is a Trending Stock

Zacks.com users have recently been watching FedEx (FDX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

1 week ago - Zacks Investment Research

Ouch! 3 Stocks That Suffered Under the Hands of New CEOs

Recent news that Walt Disney Co. (NYSE: DIS ) had suddenly and unexpectedly fired its CEO, Bob Chapek, and was bringing back former CEO, Robert Iger shook the business world. Chapek's tenure running Dis...

Other symbols: AMZNSBUX
1 week ago - InvestorPlace

Gig labor could have challenged FedEx and UPS. Now it's making them stronger.

Instead of outlasting upstarts who challenged them with gig workers, UPS and FedEx have, in their own ways, embraced the approach.

Other symbols: UPS
1 week ago - Business Insider

The Most-Bought Guru Stocks of the 3rd Quarter

The third quarter of 2022 was another discouraging period for investors. Inflation kept going strong, the Federal Reserve continued raising interest rates and even the housing market began showing signs...

Other symbols: AVGOCRMFISMU
2 weeks ago - GuruFocus

How UPS, FedEx are preparing for the first 'post-pandemic' holiday season

UPS and FedEx are prepared for a holiday surge, the retail industry expects record sales this weekend, but consumer data remains mixed in peak shopping season.

Other symbols: UPS
2 weeks ago - CNBC

FedEx Ground delivery contractor trade group disbands

A trade association formed in August to represent the interests of driver contractors at parcel delivery firm FedEx Ground disbanded on Friday amid allegations by the group's founder that the FedEx Corp...

3 weeks ago - FreightWaves

FedEx Corp. Board Declares Quarterly Dividend

MEMPHIS, Tenn.--( BUSINESS WIRE )--The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.15 per share on FedEx Corp. common stock. The dividend is payable Janu...

3 weeks ago - Business Wire

FedEx's (FDX) Freight Segment to Furlough a Few Employees

FedEx's (FDX) Freight unit decides not to withdraw the health benefits and other financial perks to the furloughed employees.

3 weeks ago - Zacks Investment Research

7 Growth Stocks to Sell Right Now

Like many investors, I'm sure you'll be more than happy to bid adieu to 2022, and to portfolio laggards. In fact, to help get you started, here are several growth stocks to sell.

3 weeks ago - InvestorPlace

LTL carriers point to shrinking tonnage in November

Some of the nation's largest less-than-truckload carriers are seeing demand continue to retreat from the all-time highs recently established.  Following third-quarter reports, which showed year-over-yea...

Other symbols: FWRDYELL
3 weeks ago - FreightWaves

FedEx, Cart.com form strategic alliance to tackle e-commerce

Breaking into the marketplace space and competing with the likes of Amazon, Shopify and eBay is difficult. Teaming up with a powerhouse carrier can make it easier.

3 weeks ago - FreightWaves

Is Trending Stock FedEx Corporation (FDX) a Buy Now?

Recently, Zacks.com users have been paying close attention to FedEx (FDX). This makes it worthwhile to examine what the stock has in store.

3 weeks ago - Zacks Investment Research

Cart.com and FedEx to Tackle E-Commerce Challenges by Enhancing Merchant Strategies and Consumer Experiences

AUSTIN, Texas--( BUSINESS WIRE )--Today, Cart.com, which enables brands to sell and fulfill everywhere, and FedEx Dataworks, a FedEx company focused on leveraging data to build smarter supply chains, an...

3 weeks ago - Business Wire

Stocks moving in after hours: Berkshire Hathaway, Apple, Thredup, FedEx

Yahoo Finance Live anchor Seana Smith looks at which tickers are making moves in after-hours trading.

Other symbols: TDUPAAPL
3 weeks ago - Yahoo Finance

FedEx Freight and Christmas SPIRIT Foundation deliver joy to military families this holiday season

MEMPHIS, Tenn.--( BUSINESS WIRE )--For the 18th year, FedEx Freight will partner with the Christmas SPIRIT Foundation to deliver nearly 15,000 live Christmas trees to military families through the Trees...

3 weeks ago - Business Wire

FedEx's freight unit to furlough workers

FedEx Corp's freight division is furloughing employees in some U.S. markets as current business conditions are hurting its volumes, the package-delivery company said on Monday.

3 weeks ago - Reuters

Should You Buy FedEx Stock At $165?

After a 36% fall year-to-date, we believe FedEx stock (NYSE: FDX) is undervalued at the current levels.

3 weeks ago - Forbes