FedEx Corporation (FDX)
|Net Income (ttm)||3.59B|
|Ex-Dividend Date||Dec 9, 2022|
|Day's Range||170.34 - 174.83|
|52-Week Range||141.92 - 266.79|
|Price Target||196.35 (+13.9%)|
|Earnings Date||Dec 20, 2022|
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]
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
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.
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...
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...
It has been a difficult three years for parcel shippers. Base rates and accessorial charges have spiked to record levels.
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.
The company's cost-cutting plan is on track.
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...
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...
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.
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...
Instead of outlasting upstarts who challenged them with gig workers, UPS and FedEx have, in their own ways, embraced the approach.
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...
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.
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...
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...
FedEx's (FDX) Freight unit decides not to withdraw the health benefits and other financial perks to the furloughed employees.
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...
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.
Recently, Zacks.com users have been paying close attention to FedEx (FDX). This makes it worthwhile to examine what the stock has in store.
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...
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.
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...
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.
After a 36% fall year-to-date, we believe FedEx stock (NYSE: FDX) is undervalued at the current levels.