FedEx (NYSE:FDX – Get Free Report) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $20.00-21.00 for the period, compared to the consensus estimate of $20.74. The company issued revenue guidance of low single-digit growth, compared to the consensus revenue estimate of $89.69 billion. FedEx also updated its FY 2025 guidance to 20.000-21.000 EPS.
FedEx Trading Up 0.7 %
FDX stock opened at $300.39 on Friday. The company has a fifty day moving average price of $293.32 and a two-hundred day moving average price of $274.80. The stock has a market cap of $73.92 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.03 and a beta of 1.17. FedEx has a one year low of $224.69 and a one year high of $313.84. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.36 and a quick ratio of 1.32.
FedEx (NYSE:FDX – Get Free Report) last announced its earnings results on Thursday, September 19th. The shipping service provider reported $3.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.82 by ($1.22). The business had revenue of $21.58 billion during the quarter, compared to the consensus estimate of $21.87 billion. FedEx had a net margin of 4.94% and a return on equity of 16.70%. The company’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.55 EPS. Equities analysts anticipate that FedEx will post 20.82 EPS for the current year.
FedEx Announces Dividend
Analyst Ratings Changes
Several research analysts have commented on the company. Argus boosted their target price on FedEx from $325.00 to $335.00 and gave the stock a buy rating in a research note on Thursday, June 27th. Evercore ISI reduced their price target on FedEx from $339.00 to $335.00 and set an outperform rating on the stock in a report on Thursday, September 12th. Morgan Stanley cut FedEx from an equal weight rating to an underweight rating and reduced their target price for the company from $215.00 to $200.00 in a report on Friday. JPMorgan Chase & Co. upgraded FedEx from a neutral rating to an overweight rating and upped their target price for the company from $296.00 to $359.00 in a report on Wednesday, June 26th. Finally, Stephens restated an overweight rating and set a $325.00 price target on shares of FedEx in a report on Wednesday, June 26th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of $313.13.
View Our Latest Report on FedEx
Insider Activity at FedEx
In other news, CEO Sriram Krishnasamy sold 8,421 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $310.14, for a total transaction of $2,611,688.94. Following the completion of the sale, the chief executive officer now directly owns 12,246 shares of the company’s stock, valued at approximately $3,797,974.44. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, EVP Brie Carere sold 1,958 shares of the stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $310.43, for a total transaction of $607,821.94. Following the completion of the transaction, the executive vice president now owns 19,937 shares in the company, valued at approximately $6,189,042.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sriram Krishnasamy sold 8,421 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $3,797,974.44. The disclosure for this sale can be found here. In the last three months, insiders sold 32,944 shares of company stock valued at $9,882,355. 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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