FedEx Corporation (FDX)
|Net Income (ttm)||4.18B|
|Ex-Dividend Date||Dec 8, 2023|
|Day's Range||265.53 - 268.98|
|52-Week Range||162.61 - 270.95|
|Price Target||277.13 (+3.55%)|
|Earnings Date||Dec 19, 2023|
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]
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 Statements
According to 24 analysts, the average rating for FDX stock is "Buy." The 12-month stock price forecast is $277.13, which is an increase of 3.55% from the latest price.
FedEx Corp. FDX, +0.16% has sent a security warning to contractors, asking them to give priority to the safety of their drivers and to keep an eye on their vehicles, the Wall Street Journal reported l...
Among the most significant takeaways from the Q3 earnings reporting cycle is that the analysts' attention is shifting. The shift is not so much a sector rotation but a rotation within the tech sector ...
Given its better prospects, we believe Target stock (NYSE: TGT) is a better pick than FedEx stock (NYSE: FDX).
Both UPS and FedEx have been eclipsed as the largest courier companies in the US by Amazon, which delivered more packages to US homes in recent years than both delivery giants.
As FedEx and United Parcel Service battle for market share in a delivery demand downturn, they are expanding returns services aimed at helping retailers slash the cost of sending back shoes, apparel a...
FedEx Freight and Christmas SPIRIT Foundation Celebrate Landmark Milestone: Delivers 300,000th Tree to Military Families This Season
MEMPHIS, Tenn.--(BUSINESS WIRE)--This year, FedEx Freight will deliver the 300,000th tree for the Christmas SPIRIT Foundation's annual Trees for Troops® program. The milestone tree is set to arrive at...
MEMPHIS, Tenn.--(BUSINESS WIRE)--The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company's c...
Why FedEx is suggesting pilots to fly for American Airlines
CNBC's Frank Holland, joins 'Power Lunch' to discuss the slowdown in cargo demand.
With shipping rates down, FedEx is telling its pilots to seek employment elsewhere. More specifically, the freight company is encouraging pilots to look for work flying for a division of American Airl...
The Industrial Select Sector SPDR exchange-traded fund (XLI) has slid on crumbling investor sentiment.
The FedEx Master Executive Council, the governing body of the delivery firm's unit in the Air Line Pilots Association (ALPA), said on Monday it had elected a new interim chair after union members reje...
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today released its annual economic impact report, analyzing the company's worldwide network and role in fueling innovation during its 2023 fisc...
FedEx's Corp. executives expect to keep most of the shipping business the company picked up from rival United Parcel Service Inc. during that company's labor negotiations this year, and they also beli...
“Shipping rates and what customers are willing to pay just don't match anymore,” according to Steve Howard, director of World Parcel Alliance.
Major players in the parcel delivery industry are reportedly facing a weak holiday shipping season as demand for goods slows down. In response, both UPS and FedEx are offering discounts and cost relie...
The list of Most Upgraded Stocks for October, those stocks with the most upgrades in September, is a surprising lot. The list includes five names with one thing in common: AI.
Uber said the service will be available in nearly 5,000 US cities to start.
Susquehanna analyst Bascome Majors upgraded FedEx stock to Buy from Hold. His target price went to $315 a share from $225.
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Adobe & Salesforce
Shares of FedEx Corp (NYSE: FDX) will likely climb further in the coming months even though they have already gained about 50% this year, says an HSBC analyst.
FedEx stock (NYSE: FDX) currently trades at $262 per share, 8% below the level seen in March 2021, and it has little room for growth, in our view.
Wall Street's focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the efforts, pushing the shares higher.
FedEx outlook, Amazon, Tesla's India factories: Stocks
FedEx (FDX) shares close over 4.5% higher after reporting a first-quarter earnings beat and boosting its guidance. Amazon (AMZN), on the other hand, closes in the red amid heightened speculation on wh...