FedEx (NYSE:FDX – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 20.000-21.000 for the period, compared to the consensus EPS estimate of 20.710. The company issued revenue guidance of -. FedEx also updated its FY25 guidance to $20.00-21.00 EPS.
FedEx Price Performance
NYSE:FDX traded up $2.22 during midday trading on Thursday, hitting $300.39. 3,421,759 shares of the stock were exchanged, compared to its average volume of 1,768,433. FedEx has a one year low of $224.69 and a one year high of $313.84. The company has a market capitalization of $73.92 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 1.03 and a beta of 1.17. The business has a 50-day moving average price of $293.30 and a two-hundred day moving average price of $274.62. The company has a current ratio of 1.36, a quick ratio of 1.32 and a debt-to-equity ratio of 0.73.
FedEx (NYSE:FDX – Get Free Report) last issued its earnings results on Tuesday, June 25th. The shipping service provider reported $5.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.34 by $0.07. The business had revenue of $22.11 billion for the quarter, compared to analysts’ expectations of $22.04 billion. FedEx had a return on equity of 16.70% and a net margin of 4.94%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm posted $4.94 EPS. Sell-side analysts predict that FedEx will post 20.82 EPS for the current year.
FedEx Dividend Announcement
Analyst Ratings Changes
Several equities research analysts recently issued reports on FDX shares. Stifel Nicolaus reiterated a buy rating and set a $327.00 price target (up previously from $303.00) on shares of FedEx in a report on Wednesday, June 26th. Robert W. Baird reiterated an outperform rating and issued a $340.00 target price on shares of FedEx in a report on Friday, September 13th. TD Cowen began coverage on shares of FedEx in a report on Thursday, August 22nd. They set a buy rating and a $334.00 price target for the company. StockNews.com lowered FedEx from a strong-buy rating to a buy rating in a research note on Saturday, August 24th. Finally, Stephens restated an overweight rating and set a $325.00 target price on shares of FedEx in a research note on Wednesday, June 26th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $314.58.
Read Our Latest Research Report on FDX
Insider Transactions at FedEx
In other FedEx news, CEO Sriram Krishnasamy sold 8,421 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $310.14, for a total transaction of $2,611,688.94. Following the transaction, the chief executive officer now directly owns 12,246 shares in the company, valued at approximately $3,797,974.44. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, EVP Robert B. Carter sold 16,010 shares of the company’s stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $294.48, for a total value of $4,714,624.80. Following the completion of the sale, the executive vice president now owns 59,884 shares in the company, valued at $17,634,640.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sriram Krishnasamy sold 8,421 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $310.14, for a total value of $2,611,688.94. Following the transaction, the chief executive officer now owns 12,246 shares in the company, valued at approximately $3,797,974.44. The disclosure for this sale can be found here. Insiders sold a total of 32,944 shares of company stock worth $9,882,355 over the last 90 days. 8.73% of the stock is owned by insiders.
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.
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