FedEx (NYSE:FDX) Releases FY25 Earnings Guidance

FedEx (NYSE:FDX) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $20.00-22.00 for the period, compared to the consensus EPS estimate of $20.92. The company issued revenue guidance of low-to-mid single-digit increase, compared to the consensus revenue estimate of $90.47 billion. FedEx also updated its FY 2025 guidance to 20.000-22.000 EPS.

Analyst Ratings Changes

A number of research firms have recently weighed in on FDX. Wells Fargo & Company increased their price target on FedEx from $275.00 to $300.00 and gave the company an equal weight rating in a research note on Wednesday. Bank of America increased their target price on FedEx from $340.00 to $347.00 and gave the stock a buy rating in a report on Wednesday. Stephens reiterated an overweight rating and set a $325.00 target price on shares of FedEx in a report on Wednesday. Jefferies Financial Group increased their target price on FedEx from $265.00 to $300.00 and gave the stock a hold rating in a report on Friday, March 22nd. Finally, Morgan Stanley increased their target price on FedEx from $210.00 to $215.00 and gave the stock an equal weight rating in a report on Wednesday. One analyst has rated the stock with a sell rating, six have given a hold rating and nineteen have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average target price of $314.00.

FedEx Price Performance

FedEx stock opened at $295.47 on Friday. The stock’s fifty day moving average price is $256.80 and its two-hundred day moving average price is $256.00. FedEx has a one year low of $224.69 and a one year high of $296.86. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.36 and a quick ratio of 1.26. The firm has a market cap of $72.71 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 1.06 and a beta of 1.16.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Tuesday, June 25th. The shipping service provider reported $5.41 EPS for the quarter, topping analysts’ consensus estimates of $5.34 by $0.07. FedEx had a return on equity of 16.70% and a net margin of 4.94%. The firm had revenue of $22.11 billion for the quarter, compared to analyst estimates of $22.04 billion. During the same quarter last year, the company earned $4.94 EPS. The company’s revenue was up .8% on a year-over-year basis. As a group, research analysts expect that FedEx will post 20.53 EPS for the current fiscal year.

FedEx Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Monday, June 24th will be paid a $1.38 dividend. This is a positive change from FedEx’s previous quarterly dividend of $1.26. The ex-dividend date is Monday, June 24th. This represents a $5.52 annualized dividend and a dividend yield of 1.87%. FedEx’s dividend payout ratio (DPR) is presently 32.04%.

FedEx declared that its Board of Directors has initiated a stock buyback plan on Thursday, March 21st that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the shipping service provider to buy up to 7.6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Insider Activity

In related news, CEO Richard W. Smith sold 1,325 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $278.24, for a total transaction of $368,668.00. Following the sale, the chief executive officer now owns 84,614 shares in the company, valued at approximately $23,542,999.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Chairman Frederick W. Smith sold 113,400 shares of the business’s stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $274.30, for a total transaction of $31,105,620.00. Following the sale, the chairman now owns 14,505,844 shares in the company, valued at approximately $3,978,953,009.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Richard W. Smith sold 1,325 shares of FedEx stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $278.24, for a total value of $368,668.00. Following the transaction, the chief executive officer now directly owns 84,614 shares in the company, valued at $23,542,999.36. The disclosure for this sale can be found here. In the last quarter, insiders have sold 117,275 shares of company stock worth $32,177,298. Insiders own 8.73% of the company’s stock.

FedEx Company Profile

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.