FedEx Corporation (FDX)
| Market Cap | 66.76B |
| Revenue (ttm) | 83.96B |
| Net Income (ttm) | 5.23B |
| Shares Out | 265.34M |
| EPS (ttm) | 19.48 |
| PE Ratio | 12.94 |
| Forward PE | 12.02 |
| Dividend | $2.70 (1.07%) |
| Ex-Dividend Date | Sep 2, 2021 |
| Volume | 4,257,149 |
| Open | 253.00 |
| Previous Close | 250.80 |
| Day's Range | 248.78 - 253.88 |
| 52-Week Range | 232.94 - 318.21 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 343.38 (+36.2%) |
| Est. Earnings Date | Sep 21, 2021 |
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 e-commerce 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 transportati...
Financial Performance
In 2021, FedEx's revenue was $83.96 billion, an increase of 21.30% compared to the previous year's $69.22 billion. Earnings were $5.23 billion, an increase of 306.77%.
Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for FedEx stock is "Buy." The 12-month stock price forecast is 343.38, which is an increase of 36.22% from the latest price.
News
FedEx quarterly profit falls on labor costs
U.S. delivery firm FedEx Corp posted a decline in quarterly profit on Tuesday, after labor costs crimped earnings growth from surging e-commerce shipping and higher rates and fees.
FedEx Corp. Reports First Quarter Results
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude the items listed below for the...
FedEx (FDX) to Hike Rates in 2022 Amid Challenging Environment
FedEx (FDX) plans to raise shipping rates for its Express, Ground and Freight services in 2022 due to rising costs amid a challenging operating environment.
FedEx To Raise Shipping Rates For FedEx Express, FedEx Ground, FedEx Freight Services
FedEx Express, FedEx Ground, and FedEx Freight, subsidiaries of FedEx Corp (NYSE: FDX), will increase shipping rates from January 3, 2022. FedEx to increase FedEx Express shipping rates by an average of...
Earnings Preview: What To Expect From FedEx Today
Earnings Preview: What To Expect From FedEx Today. Here's a closer look
FedEx is raising its shipping rates
FedEx will increase its shipping rates starting in the new year, the company announced Monday.
FedEx, UPS rate rises are making online shopping more expensive
Shipping rates are going up faster than they have in nearly a decade, increasing pressure on merchants to raise prices or find other ways to offset higher costs.
FedEx to boost most tariff rates nearly 6% next year
FedEx Corp. said late Monday that it will raise its noncontract, or tariff, rates by 5.9% for U.S. shipments moving under its Express, FedEx Ground, FedEx Home Delivery and FedEx Freight LTL services. T...
Shipping Rates to Increase for FedEx Express, FedEx Ground, and FedEx Freight Services
MEMPHIS, Tenn.--(BUSINESS WIRE)--Shipping Rates to Increase for FedEx Express, FedEx Ground, and FedEx Freight Services
What To Expect From FedEx's Q1?
With a rise in number of Covid-19 cases in the U.S., it is likely that FedEx's Ground shipment volume may have trended higher during the quarter, boding well for its overall top-line growth.
FedEx's Earnings: A Preview
FDX is set to give its latest quarterly earnings report on Tuesday , 2021-09-21. Here's what investors need to know before the announcement.
Fed decision, FedEx, Nike, Costco earnings and Biden at UN General Assembly top week ahead
Investors will be watching the Federal Reserve's September meeting, housing data, and earnings from the likes of Nike, FedEx, and Costco.
Final Trades: FDX, XOM, BODY & UPS
The final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Karen Finerman, Jeff Mills and Pete Najarian.
The Start of Q3 Earnings Season
Unlike Q3 GDP growth estimates, earnings expectations for the period have not been revised lower, but the revisions trend has nevertheless lost its earlier momentum.
FedEx (FDX) to Hire 90,000 Employees Ahead of Holiday Season
FedEx (FDX) will recruit 90,000 workers across the United States to ramp up holiday-season deliveries.
Where Will UPS Be in 3 Years?
Here's a look ahead to the package delivery giant's prospects in a few years.
UBS Lowers FedEx's Price Target, Keeps Buy Rating
UBS analyst Thomas Wadewitz lowered FedEx Corp's (NYSE:FDX) price target to $380 (implying an upside of 47.2%) from $397 and maintained a Buy rating on the shares. Wadewitz says cost pressures expected...
What's in the Offing for FedEx (FDX) Ground Unit in Q1 Earnings?
FedEx's (FDX) Ground unit is likely to reflect higher revenues in Q1 earnings, backed by e-commerce growth but partly hurt by high costs.
FedEx Organizes “National Hiring Day” Events Across the U.S.
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) is increasing the power of its nationwide workforce in preparation for another busy holiday season by hosting both in-person and virtual hiring e...
Got $5,000? Buy These 3 Growth Stocks on the Dip
While shares of these companies tanked over the past three months, they are capable of delivering solid returns for investors in the long run.
FedEx is flashing a bearish technical sign ahead of earnings, according to chart
Cowen reiterated its outperform rating on FedEx heading into the holiday shipping season. But, Bill Baruch of Blue Line Capital sees a warning in the charts.
FedEx (FDX) to Report Q1 Earnings: What's in the Offing?
Overall shipment volume at the Ground unit of FedEx (FDX) is likely to have declined sequentially in the first quarter of fiscal 2022.
FedEx (FDX) Gains But Lags Market: What You Should Know
FedEx (FDX) closed at $256.59 in the latest trading session, marking a +0.54% move from the prior day.
Earnings Estimates Have Stopped Going Up
We know that the earnings picture remains strong, even though the growth pace is expected to decelerate significantly in Q3 and beyond. What we don't know at this stage is.