Should I buy or sell FedEx stock right now?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FDX shares. View FDX analyst ratings or view top-rated stocks .

What is FedEx's stock price target for 2024?

25 equities research analysts have issued twelve-month price targets for FedEx's stock. Their FDX share price targets range from $210.00 to $351.00. On average, they predict the company's stock price to reach $301.33 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price. View analysts price targets for FDX or view top-rated stocks among Wall Street analysts .

How have FDX shares performed in 2024?

FedEx's stock was trading at $252.97 at the beginning of the year. Since then, FDX stock has increased by 5.4% and is now trading at $266.74. View the best growth stocks for 2024 here .

Are investors shorting FedEx?

FedEx saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,360,000 shares, an increase of 6.0% from the February 29th total of 3,170,000 shares. Based on an average daily trading volume, of 2,300,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.5% of the company's shares are short sold. View FedEx's Short Interest .

When is FedEx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 18th 2024. View our FDX earnings forecast .

How were FedEx's earnings last quarter?

FedEx Co. (NYSE:FDX) announced its quarterly earnings data on Thursday, March, 21st. The shipping service provider reported $3.86 earnings per share for the quarter, topping analysts' consensus estimates of $3.49 by $0.37. The shipping service provider earned $21.70 billion during the quarter, compared to the consensus estimate of $21.95 billion. FedEx had a net margin of 5.02% and a trailing twelve-month return on equity of 16.60%. The company's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $3.41 earnings per share. Read the conference call transcript .

How often does FedEx pay dividends? What is the dividend yield for FedEx?

FedEx declared a quarterly dividend on Friday, February 16th. Stockholders of record on Monday, March 11th will be given a dividend of $1.26 per share on Monday, April 1st. This represents a $5.04 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, March 8th. Read our dividend analysis for FDX .

Is FedEx a good dividend stock?

FedEx (NYSE:FDX) pays an annual dividend of $5.04 per share and currently has a dividend yield of 1.88%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FDX will have a dividend payout ratio of 24.65% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FDX .

What ETFs hold FedEx's stock?

ETFs with the largest weight of FedEx (NYSE:FDX) stock in their portfolio include First Trust Nasdaq Transportation ETF (FTXR) , QRAFT AI-Enhanced U.S. Next Value ETF (NVQ) , iShares U.S. Transportation ETF (IYT) , Pacer Industrials and Logistics ETF (SHPP) , ProShares Supply Chain Logistics ETF (SUPL) , AdvisorShares Drone Technology ETF (UAV) , Direxion Daily Transportation Bull 3X Shares (TPOR) and U.S. Global Sea to Sky Cargo ETF (SEA) .

How will FedEx's stock buyback program work?

FedEx declared that its board has initiated a share buyback program on Thursday, March 21st 2024, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued.

What guidance has FedEx issued on next quarter's earnings?

FedEx updated its FY 2024 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of 17.250-18.250 for the period, compared to the consensus EPS estimate of 17.400. The company issued revenue guidance of -.

What is Fred Smith's approval rating as FedEx's CEO?

2,546 employees have rated FedEx Chief Executive Officer Fred Smith on Glassdoor.com . Fred Smith has an approval rating of 83% among the company's employees.

What other stocks do shareholders of FedEx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FedEx investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , Boeing (BA) , Walt Disney (DIS) , Netflix (NFLX) , Intel (INTC) , Tesla (TSLA) , Home Depot (HD) , Johnson & Johnson (JNJ) and United Parcel Service (UPS) .

Who are FedEx's major shareholders?

FedEx's stock is owned by a number of institutional and retail investors. Top institutional investors include Pensioenfonds Rail & OV (0.06%), International Assets Investment Management LLC (0.06%), Portman Square Capital LLP (0.00%), Wilsey Asset Management Inc. (0.04%), F&V Capital Management LLC (0.03%) and Matrix Asset Advisors Inc. NY (0.02%). Insiders that own company stock include Amy B Lane , Brie Carere , David P Steiner , Donald F Colleran , Frederick W Smith , Guy M Erwin II, Henry J Maier , Jennifer L Johnson , Jill Brannon , John Alan Smith , John L Merino , John W Dietrich , Mark R Allen , Michael C Lenz , Paul S Walsh , Philip Ryan Sr Barros, R Brad Martin , Rajesh Subramaniam , Richard W Smith, Robert B Carter, Robert B Carter , Shirley A Jackson , Sriram Krishnasamy, Stephen E Gorman , Susan C Schwab , Tracy B Brightman and Vincenzo J Vena. View institutional ownership trends .

How do I buy shares of FedEx?

Shares of FDX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does FedEx have any subsidiaries?

The following companies are subsidiares of FedEx: A.C.N. 003 100 052 Pty Ltd, ANC Holdings, American Freightways, Bongo International, CALIBRE, Capital Returns Inc., Cargex, Controlled Opportunity and Risk Insurance Company, FCJI Inc., FedEx Acquisition B.V., FedEx Corporate Services Inc., FedEx Cross Border (UK), FedEx Cross Border Technologies Inc., FedEx Custom Critical Inc., FedEx Express Australia Pty. Ltd, FedEx Express BE BV, FedEx Express Belgium International BV, FedEx Express Belgium SRL, FedEx Express Chile SpA, FedEx Express FR SAS, FedEx Express Germany GmbH, FedEx Express Greece Single Member L.L.C., FedEx Express Holding Netherlands B.V., FedEx Express Hungary Kft., FedEx Express International B.V., FedEx Express International Holding Inc., FedEx Express Italy S.r.l., FedEx Express Netherlands B.V., FedEx Express Netherlands Holding Inc., FedEx Express New Zealand, FedEx Express Poland Sp. z.o.o., FedEx Express Servicios de Capital Humano S. de R.L. de C.V., FedEx Express South Africa (Pty) Ltd, FedEx Express Switzerland Sarl, FedEx Express Transportation & Supply Chain Services (India) Pvt. Ltd., FedEx Express UK Transportation Limited, FedEx Freight Canada Corp., FedEx Freight Corporation, FedEx Freight Inc., FedEx Ground Package System Inc., FedEx Ground Package System Ltd., FedEx Kinko’s International, FedEx Logistics Inc., FedEx Luxembourg S.à r.l., FedEx Office Canada Corporation, FedEx Office and Print Services Inc., FedEx SmartPost, FedEx Supply Chain Distribution System Inc., FedEx Supply Chain Holdings Inc., FedEx Trade Networks Trade Services LLC, FedEx Trade Networks Transport & Brokerage (Canada) Inc., FedEx Trade Networks Transport & Brokerage (Hong Kong) Limited, FedEx Trade Networks Transport & Brokerage Inc., FedEx Trade Networks Transport & Brokerage Private Limited, FedEx Transport System GmbH, FedEx UK Holdings Limited, FedEx UK Limited, FedEx de México S. de R.L. de C.V., Federal Express (China) Company Limited, Federal Express (Hong Kong) Limited, Federal Express (Singapore) Pte. Ltd., Federal Express Canada Corporation, Federal Express Corporation, Federal Express Europe Inc., Federal Express Holding US 3 LLC, Federal Express Holding US 6 LLC, Federal Express Holding US 7 LLC, Federal Express Holding US 8 LLC, Federal Express Holdings (Mexico) y Compania S.N.C. de C.V., Federal Express Holdings S.A. LLC, Federal Express International (France) SNC, Federal Express International Inc., Federal Express Japan G.K., Federal Express Korea LLC, Federal Express Leasing Corporation, Federal Express Pacific LLC, Fedex Brasil Logistica e Transporte Ltda., Flying Cargo, Flying Tiger Line, GD Insurance Company DAC, GENCO Infrastructure Solutions Inc., GENCO Marketplace Inc., Genco, Manton Air-Sea Pty Ltd., Northwest Research, Northwest Research Inc., Opek, P2P Mailing Limited, Pafex - FedEx Express Services (India) Pvt. Ltd., Rapidao Cometa, Servicios Nacionales Mupa Sa De Cv, ShopRunner, Supaswift (Delivery and Logistics Businesses), TATEX, TNT (H.K.) Limited, TNT (UAE) LLC, TNT Danmark ApS, TNT Express, TNT Express (Ireland) Limited, TNT Express Beteiligungsgesellschaft mbH, TNT Express GmbH, TNT Express Holdings Germany GmbH, TNT Express ICS Limited, TNT Express Nederland B.V., TNT Express Road Network B.V., TNT Express Worldwide (China) Limited, TNT Express Worldwide (Euro Hub) SRL, TNT Express Worldwide (HK) Limited, TNT Express Worldwide (Japan) G.K., TNT Express Worldwide (M) Sdn Bhd, TNT Express Worldwide (Portugal) Transitarios Transportes e Servicos Complementares Unipessoal Lda, TNT Express Worldwide (Singapore) Private Limited, TNT Express Worldwide (Spain) S.L., TNT Express Worldwide Investments Limited, TNT Express Worldwide spol s.r.o, TNT Finance B.V., TNT GRS 2008 Limited, TNT Global Express S.R.L., TNT Grundstucksgesellschaft mbH & Co. KG, TNT Holdings (Deutschland) GmbH, TNT Holdings (UK) Limited, TNT Holdings B.V., TNT India Private Limited, TNT International Express Tasimacilik Ticaret Limited Sirketi, TNT Mercurio Cargas e Encomendas Expressas Ltda., TNT Nederland B.V., TNT Suomi Oy, TNT Sverige Aktiebolag, TNT Swiss Post GmbH, TNT Transport International B.V., TNT Transport Limited, TNT USA LLC, Tower Group International, Watkins Motor Lines, and World Tariff Limited. Read More

NYSE:FDX

FedEx (FDX) Stock Price, News & Analysis

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$264.85

-1.89 (-0.71%)

(As of 10:16 AM ET)

Compare

Today's Range: $263.85
▼
$266.85
50-Day Range: $236.39
▼
$289.74
52-Week Range: $213.80
▼
$291.27

Volume: 103,442 shs
Average Volume: 2.09 million shs
Market Capitalization: $65.17 billion

P/E Ratio: 15.27
Dividend Yield: 1.90%
Price Target: $301.33

Get FedEx alerts:

FedEx MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 13.0% Upside
$301.33 Price Target
Short Interest: Healthy
1.52% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -5.80
Upright™ Environmental Score
News Sentiment: 0.60
Based on 39 Articles This Week
Insider Trading: Selling Shares
$37.76 M Sold Last Quarter
Proj. Earnings Growth: 15.73%
From $17.67 to $20.45 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

Transportation Sector

16th out of 114 stocks

Air Courier Services Industry

1st out of 2 stocks

3.3

Analyst's Opinion

Consensus Rating
FedEx has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 17 buy ratings, 7 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
FedEx has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.52% of the float of FedEx has been sold short.
Short Interest Ratio / Days to Cover
FedEx has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in FedEx has recently increased by 2.38%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
FedEx pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
FedEx has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of FedEx is 29.07%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, FedEx will have a dividend payout ratio of 24.65% next year. This indicates that FedEx will be able to sustain or increase its dividend.

0.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
FedEx has received a -58.51% net impact score from Upright. The largest negative impact of FedEx in category "GHG emissions" seems to be driven mostly by its "Package delivery services by gasoline vehicles", "Package delivery services by diesel vehicles", "Mail delivery services by diesel vehicles", and "Air freight transport services" products. See details.
Environmental Sustainability
The Environmental Impact score for FedEx is -5.80.

3.1

News and Social Media Coverage

News Sentiment
FedEx has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.
News Coverage This Week
MarketBeat has tracked 39 news articles for FedEx this week, compared to 25 articles on an average week.
Search Interest
75 people have searched for FDX on MarketBeat in the last 30 days. This is an increase of 74% compared to the previous 30 days.
MarketBeat Follows
83 people have added FedEx to their MarketBeat watchlist in the last 30 days. This is an increase of 246% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FedEx insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,758,773.00 in company stock.
Percentage Held by Insiders
Only 8.73% of the stock of FedEx is held by insiders.
Percentage Held by Institutions
84.47% of the stock of FedEx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for FedEx are expected to grow by 15.73% in the coming year, from $17.67 to $20.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FedEx is 15.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of FedEx is 15.38, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 14.56.
Price to Earnings Growth Ratio
FedEx has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
FedEx has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About FedEx Stock (NYSE:FDX)

FedEx Corporation is a global courier delivery services company headquartered in Memphis, Tennessee, USA. Founded in 1971, it is one of the largest logistics companies in the world, with operations in over 220 countries and territories. FedEx offers various services, including express shipping, ground shipping, freight forwarding, and e-commerce solutions. The company has over 600 aircraft and more than 180,000 vehicles in its fleet and employs over 600,000 people worldwide.

Frederick W. Smith is the founder and Chief Executive Officer of FedEx Corporation. He has been at the company's helm since its inception and has been instrumental in its growth and success. In 2022 Frederick Smith passed the baton to Raj Subramaniam. Raj Subramaniam has over thirty years of leadership experience and moved into the CEO role from his role as Chief Operating Officer (COO). In recent years, the company has made a few critical changes in its leadership team, including the appointment of Lance Moll as President and CEO of FedEx Freight in 2020, who started his career as a manager at a FedEx distribution center.

FedEx reported that revenue has risen at an excellent pace yearly for several years. Net income, while only a fraction of revenue, is pacing in growth with the revenue. This is due to FedEx maintaining a healthy profit margin, with a net profit margin of approximately 3.5%. The company has also been actively managing debt to reduce its debt levels. Total assets on hand are robust enough to cover total liabilities within the company. FedEx has a price-to-earnings ratio lower than the industry average and a price-to-book ratio lower than the industry average. These valuation metrics suggest that the company's stock may be undervalued compared to its peers. FedEx's stock had performed well in recent years, with the stock price recovering from a tumble in 2022 when FedEx pulled its earnings forecast due to worsening business conditions.

FedEx operates in the highly competitive logistics and courier delivery services industry with low margins and intense competition. The company faces competition from established players like UPS and DHL and newer entrants like Amazon, which has been expanding its delivery network. The industry is also subject to regulatory and political pressures, such as changes in trade policies and tariffs, which can impact the flow of goods across borders.

Despite the challenges in the industry, FedEx has several growth opportunities. The company has expanded its e-commerce capabilities by acquiring ShopRunner, a membership-based e-commerce platform, in 2021. The company has also invested in autonomous delivery technology, launching the FedEx SameDay Bot, designed to make deliveries in urban areas. In addition, the company has been expanding its presence in healthcare logistics by acquiring Cargex in 2021.

Several risks and challenges could impact FedEx's future growth prospects. One significant risk is the potential for changes in consumer preferences, particularly with the growth of online shopping and the increasing demand for faster and more convenient delivery options. The company also faces regulatory risks, particularly with changes in trade policies and tariffs. Competitive pressures are also a significant challenge, with Amazon expanding its delivery network and other logistics companies competing for market share. Finally, the company is also subject to risks related to its operations, such as disruptions to its supply chain or the impact of natural disasters on its infrastructure.

FDX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FDX Stock News Headlines

April 10, 2024 | insidertrades.com

FedEx Co. (NYSE:FDX) Chairman Sells $31,105,620.00 in Stock

April 9, 2024 | insidertrades.com

FedEx Co. (NYSE:FDX) EVP Sells $703,009.50 in Stock

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 5, 2024 | insidertrades.com

Insider Selling: FedEx Co. (NYSE:FDX) CEO Sells 1,325 Shares of Stock

April 1, 2024 | marketbeat.com

3 Companies Buying Back Stock Before New Highs

Investors have a few ways to get their money back once they invest in a stock. The most common way to collect returns is simply to sell a stock – hopefully – at a higher price.

April 1, 2024 | marketbeat.com

3 Companies Buying Back Stock Before New Highs (FDX)

Three stocks that seemed cheap enough for insiders to buy are also calling Wall Street analysts attention for potentially higher prices in the coming months

March 30, 2024 | insidertrades.com

Sriram Krishnasamy Sells 354 Shares of FedEx Co. (NYSE:FDX) Stock

March 29, 2024 | insidertrades.com

Insider Selling: FedEx Co. (NYSE:FDX) EVP Sells 10,145 Shares of Stock

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

March 28, 2024 | insidertrades.com

FedEx Co. (NYSE:FDX) VP Sells $794,763.39 in Stock

March 25, 2024 | marketbeat.com

4 Overbought Household Names, Time for a Pullback? (FDX)

GE, CMG, FDX, and GPS are among the most overbought stocks in the U.S. market, hinting at potential pullback tendencies as investors may seek to secure profits.

March 25, 2024 | marketbeat.com

4 Overbought Household Names, Time for a Pullback?

Amidst the ongoing surge led by the semiconductor sector, the Artificial Intelligence revolution, and Nvidia Corp. NASDAQ: NVDA, which is steering the S&P 500 to new heights, several overbought scenarios have developed in individual stocks. These scenarios may have sparked investor concerns over potential overvaluations, resulting in pullbacks and corrections in select stocks.

April 15, 2024 | msn.com

UPS Vs. FedEx: Which Is Cheaper?

April 15, 2024 | americanbankingnews.com

FedEx Co. (NYSE:FDX) Receives Average Rating of "Moderate Buy" from Analysts

April 14, 2024 | americanbankingnews.com

FedEx (NYSE:FDX) Shares Down 1.5%

April 13, 2024 | americanbankingnews.com

Q2 2025 EPS Estimates for FedEx Co. (NYSE:FDX) Lowered by Zacks Research

April 12, 2024 | msn.com

Memorial to honor 8 people killed in Indianapolis FedEx mass shooting

April 12, 2024 | msn.com

Sending Packages In LA County? Be Prepared To Pay FedEx And UPS More

April 12, 2024 | finanznachrichten.de

FedEx Corporation: New Vital Voices Global Fellowship - Social Entrepreneurship Pillar

April 12, 2024 | finance.yahoo.com

New Vital Voices Global Fellowship - Social Entrepreneurship Pillar

April 12, 2024 | msn.com

Memorial planned to honor 8 people killed in Indianapolis FedEx mass shooting

April 12, 2024 | investorplace.com

Wall Street Favorites: 3 Transportation Stocks With Strong Buy Ratings for April 2024

April 12, 2024 | americanbankingnews.com

Equities Analysts Offer Predictions for FedEx Co.'s FY2024 Earnings (NYSE:FDX)

April 12, 2024 | msn.com

Frederick W. Smith, decorated Vietnam Veteran and founder of FedEx, awarded 2024 Veteran of the Year

April 10, 2024 | finance.yahoo.com

FedEx Cares Purple Totes Grant Contest Winners

April 10, 2024 | benzinga.com

Witnessing An Insider Decision, Frederick W Smith Exercises Options Valued At $20.56M At FedEx

April 10, 2024 | americanbankingnews.com

FedEx Co. (NYSE:FDX) Chairman Frederick W. Smith Sells 113,400 Shares

See More Headlines

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Company Calendar

Ex-Dividend for 4/1 Dividend: 3/08/2024
Last Earnings: 3/21/2024
Dividend Payable: 4/01/2024
Today: 4/15/2024
Fiscal Year End: 5/31/2024
Next Earnings (Estimated): 6/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Transportation
Industry: Air courier services
Sub-Industry: Air Freight & Logistics
Current Symbol: NYSE:FDX
CUSIP: 31428X10
CIK: 1048911
Web: www.fedex.com
Phone: (901) 818-7500
Fax: N/A
Employees: 529,000
Year Founded: 1971

Price Target and Rating

Average Stock Price Target: $301.33
High Stock Price Target: $351.00
Low Stock Price Target: $210.00
Potential Upside/Downside: +13.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.64
Research Coverage: 25 Analysts

Profitability

EPS (Most Recent Fiscal Year): $17.34
Trailing P/E Ratio: 15.38
Forward P/E Ratio: 15.10
P/E Growth: 1.26
Net Income: $3.97 billion
Net Margins: 5.02%
Pretax Margin: 6.79%
Return on Equity: 16.60%
Return on Assets: 5.03%

Debt

Debt-to-Equity Ratio: 0.76
Current Ratio: 1.31
Quick Ratio: 1.26

Sales & Book Value

Annual Sales: $90.16 billion
Price / Sales: 0.73
Cash Flow: $32.10 per share
Price / Cash Flow: 8.31
Book Value: $103.43 per share
Price / Book: 2.58

Miscellaneous

Outstanding Shares: 246,080,000
Free Float: 224,598,000
Market Cap: $65.64 billion
Optionable: Optionable
Beta: 1.21

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Key Executives

Mr. Frederick W. Smith (Age 80)
Founder & Executive Chairman
Comp: $8.08M
Mr. Rajesh Subramaniam (Age 58)
President, CEO & Director
Comp: $7.08M
Mr. Robert Barber Carter (Age 64)
Executive VP of FedEx Information Services & Chief Information Officer
Comp: $3.57M
Mr. Mark R. Allen (Age 68)
Executive VP, General Counsel & Secretary
Comp: $3.28M
Mr. John W. Dietrich (Age 59)
Executive VP & CFO
Mr. Guy M. Erwin II (Age 48)
Interim Principal Accounting Officer & Staff VP and Corporate Controller
Ms. Jenifer Hollander
Vice President of Investor Relations
Ms. Jill C. Brannon (Age 61)
Executive VP & Chief Sales Officer
Ms. Tracy B. Brightman (Age 61)
Executive VP & Chief People Officer
Ms. Lisa Lisson
Senior Vice President of Hubs, Ramps & Global Operations Control

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy FedEx Stock? FDX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in FedEx Co.:

FedEx Co. has a diversified business model with segments like FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, providing exposure to various aspects of the transportation and logistics industry.
The company offers a range of services including express transportation, small-package ground delivery, freight transportation, supply chain management solutions, and air and ocean cargo transportation, catering to a wide customer base.
Recent insider activity, such as executives acquiring shares of FedEx stock, can indicate confidence in the company's future performance, which may be viewed positively by investors.
FedEx Co. has a strong presence both in the United States and internationally, allowing for potential growth opportunities in different markets and regions.
Considering the recent stock price movements and market trends, FedEx Co. may present a favorable investment opportunity for those seeking exposure to the air courier services industry.

Cons

Investors should be bearish about investing in FedEx Co. for these reasons:

The air courier services industry, in which FedEx operates, can be highly competitive and subject to regulatory challenges, impacting the company's profitability and market position.
Global economic conditions and geopolitical factors may influence the demand for transportation and logistics services, potentially affecting FedEx Co.'s revenue and growth prospects.
Fluctuations in fuel prices and other operating costs could impact the company's margins and financial performance, leading to uncertainties for investors.
Changes in trade policies and international relations may introduce risks for FedEx Co.'s operations, especially considering its significant presence in the global market.
Investors should carefully monitor the company's financial health, competitive positioning, and strategic initiatives to assess the long-term sustainability and growth potential of their investment in FedEx Co.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these FedEx pros and cons to contact@marketbeat.com.

FDX Stock Analysis - Frequently Asked Questions

Should I buy or sell FedEx stock right now?: 25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FDX shares.
View FDX analyst ratings or view top-rated stocks.
What is FedEx's stock price target for 2024?: 25 equities research analysts have issued twelve-month price targets for FedEx's stock. Their FDX share price targets range from $210.00 to $351.00. On average, they predict the company's stock price to reach $301.33 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for FDX or view top-rated stocks among Wall Street analysts.
How have FDX shares performed in 2024?: FedEx's stock was trading at $252.97 at the beginning of the year. Since then, FDX stock has increased by 5.4% and is now trading at $266.74.
View the best growth stocks for 2024 here.
Are investors shorting FedEx?: FedEx saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,360,000 shares, an increase of 6.0% from the February 29th total of 3,170,000 shares. Based on an average daily trading volume, of 2,300,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.5% of the company's shares are short sold.
View FedEx's Short Interest.
When is FedEx's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 18th 2024.
View our FDX earnings forecast.
How were FedEx's earnings last quarter?: FedEx Co. (NYSE:FDX) announced its quarterly earnings data on Thursday, March, 21st. The shipping service provider reported $3.86 earnings per share for the quarter, topping analysts' consensus estimates of $3.49 by $0.37. The shipping service provider earned $21.70 billion during the quarter, compared to the consensus estimate of $21.95 billion. FedEx had a net margin of 5.02% and a trailing twelve-month return on equity of 16.60%. The company's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $3.41 earnings per share.
Read the conference call transcript.
How often does FedEx pay dividends? What is the dividend yield for FedEx?: FedEx declared a quarterly dividend on Friday, February 16th. Stockholders of record on Monday, March 11th will be given a dividend of $1.26 per share on Monday, April 1st. This represents a $5.04 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, March 8th.
Read our dividend analysis for FDX.
Is FedEx a good dividend stock?: FedEx (NYSE:FDX) pays an annual dividend of $5.04 per share and currently has a dividend yield of 1.88%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FDX will have a dividend payout ratio of 24.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FDX.

What ETFs hold FedEx's stock?: ETFs with the largest weight of FedEx (NYSE:FDX) stock in their portfolio include First Trust Nasdaq Transportation ETF (FTXR), QRAFT AI-Enhanced U.S. Next Value ETF (NVQ), iShares U.S. Transportation ETF (IYT), Pacer Industrials and Logistics ETF (SHPP), ProShares Supply Chain Logistics ETF (SUPL), AdvisorShares Drone Technology ETF (UAV), Direxion Daily Transportation Bull 3X Shares (TPOR) and U.S. Global Sea to Sky Cargo ETF (SEA).
How will FedEx's stock buyback program work?: FedEx declared that its board has initiated a share buyback program on Thursday, March 21st 2024, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued.
What guidance has FedEx issued on next quarter's earnings?: FedEx updated its FY 2024 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of 17.250-18.250 for the period, compared to the consensus EPS estimate of 17.400. The company issued revenue guidance of -.
What is Fred Smith's approval rating as FedEx's CEO?: 2,546 employees have rated FedEx Chief Executive Officer Fred Smith on Glassdoor.com. Fred Smith has an approval rating of 83% among the company's employees.
What other stocks do shareholders of FedEx own?: Based on aggregate information from My MarketBeat watchlists, some companies that other FedEx investors own include NVIDIA (NVDA), Alibaba Group (BABA), Boeing (BA), Walt Disney (DIS), Netflix (NFLX), Intel (INTC), Tesla (TSLA), Home Depot (HD), Johnson & Johnson (JNJ) and United Parcel Service (UPS).
Who are FedEx's major shareholders?: FedEx's stock is owned by a number of institutional and retail investors. Top institutional investors include Pensioenfonds Rail & OV (0.06%), International Assets Investment Management LLC (0.06%), Portman Square Capital LLP (0.00%), Wilsey Asset Management Inc. (0.04%), F&V Capital Management LLC (0.03%) and Matrix Asset Advisors Inc. NY (0.02%). Insiders that own company stock include Amy B Lane, Brie Carere, David P Steiner, Donald F Colleran, Frederick W Smith, Guy M Erwin II, Henry J Maier, Jennifer L Johnson, Jill Brannon, John Alan Smith, John L Merino, John W Dietrich, Mark R Allen, Michael C Lenz, Paul S Walsh, Philip Ryan Sr Barros, R Brad Martin, Rajesh Subramaniam, Richard W Smith, Robert B Carter, Robert B Carter, Shirley A Jackson, Sriram Krishnasamy, Stephen E Gorman, Susan C Schwab, Tracy B Brightman and Vincenzo J Vena.
View institutional ownership trends.
How do I buy shares of FedEx?: Shares of FDX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does FedEx have any subsidiaries?: The following companies are subsidiares of FedEx: A.C.N. 003 100 052 Pty Ltd, ANC Holdings, American Freightways, Bongo International, CALIBRE, Capital Returns Inc., Cargex, Controlled Opportunity and Risk Insurance Company, FCJI Inc., FedEx Acquisition B.V., FedEx Corporate Services Inc., FedEx Cross Border (UK), FedEx Cross Border Technologies Inc., FedEx Custom Critical Inc., FedEx Express Australia Pty. Ltd, FedEx Express BE BV, FedEx Express Belgium International BV, FedEx Express Belgium SRL, FedEx Express Chile SpA, FedEx Express FR SAS, FedEx Express Germany GmbH, FedEx Express Greece Single Member L.L.C., FedEx Express Holding Netherlands B.V., FedEx Express Hungary Kft., FedEx Express International B.V., FedEx Express International Holding Inc., FedEx Express Italy S.r.l., FedEx Express Netherlands B.V., FedEx Express Netherlands Holding Inc., FedEx Express New Zealand, FedEx Express Poland Sp. z.o.o., FedEx Express Servicios de Capital Humano S. de R.L. de C.V., FedEx Express South Africa (Pty) Ltd, FedEx Express Switzerland Sarl, FedEx Express Transportation & Supply Chain Services (India) Pvt. Ltd., FedEx Express UK Transportation Limited, FedEx Freight Canada Corp., FedEx Freight Corporation, FedEx Freight Inc., FedEx Ground Package System Inc., FedEx Ground Package System Ltd., FedEx Kinko’s International, FedEx Logistics Inc., FedEx Luxembourg S.à r.l., FedEx Office Canada Corporation, FedEx Office and Print Services Inc., FedEx SmartPost, FedEx Supply Chain Distribution System Inc., FedEx Supply Chain Holdings Inc., FedEx Trade Networks Trade Services LLC, FedEx Trade Networks Transport & Brokerage (Canada) Inc., FedEx Trade Networks Transport & Brokerage (Hong Kong) Limited, FedEx Trade Networks Transport & Brokerage Inc., FedEx Trade Networks Transport & Brokerage Private Limited, FedEx Transport System GmbH, FedEx UK Holdings Limited, FedEx UK Limited, FedEx de México S. de R.L. de C.V., Federal Express (China) Company Limited, Federal Express (Hong Kong) Limited, Federal Express (Singapore) Pte. Ltd., Federal Express Canada Corporation, Federal Express Corporation, Federal Express Europe Inc., Federal Express Holding US 3 LLC, Federal Express Holding US 6 LLC, Federal Express Holding US 7 LLC, Federal Express Holding US 8 LLC, Federal Express Holdings (Mexico) y Compania S.N.C. de C.V., Federal Express Holdings S.A. LLC, Federal Express International (France) SNC, Federal Express International Inc., Federal Express Japan G.K., Federal Express Korea LLC, Federal Express Leasing Corporation, Federal Express Pacific LLC, Fedex Brasil Logistica e Transporte Ltda., Flying Cargo, Flying Tiger Line, GD Insurance Company DAC, GENCO Infrastructure Solutions Inc., GENCO Marketplace Inc., Genco, Manton Air-Sea Pty Ltd., Northwest Research, Northwest Research Inc., Opek, P2P Mailing Limited, Pafex - FedEx Express Services (India) Pvt. Ltd., Rapidao Cometa, Servicios Nacionales Mupa Sa De Cv, ShopRunner, Supaswift (Delivery and Logistics Businesses), TATEX, TNT (H.K.) Limited, TNT (UAE) LLC, TNT Danmark ApS, TNT Express, TNT Express (Ireland) Limited, TNT Express Beteiligungsgesellschaft mbH, TNT Express GmbH, TNT Express Holdings Germany GmbH, TNT Express ICS Limited, TNT Express Nederland B.V., TNT Express Road Network B.V., TNT Express Worldwide (China) Limited, TNT Express Worldwide (Euro Hub) SRL, TNT Express Worldwide (HK) Limited, TNT Express Worldwide (Japan) G.K., TNT Express Worldwide (M) Sdn Bhd, TNT Express Worldwide (Portugal) Transitarios Transportes e Servicos Complementares Unipessoal Lda, TNT Express Worldwide (Singapore) Private Limited, TNT Express Worldwide (Spain) S.L., TNT Express Worldwide Investments Limited, TNT Express Worldwide spol s.r.o, TNT Finance B.V., TNT GRS 2008 Limited, TNT Global Express S.R.L., TNT Grundstucksgesellschaft mbH & Co. KG, TNT Holdings (Deutschland) GmbH, TNT Holdings (UK) Limited, TNT Holdings B.V., TNT India Private Limited, TNT International Express Tasimacilik Ticaret Limited Sirketi, TNT Mercurio Cargas e Encomendas Expressas Ltda., TNT Nederland B.V., TNT Suomi Oy, TNT Sverige Aktiebolag, TNT Swiss Post GmbH, TNT Transport International B.V., TNT Transport Limited, TNT USA LLC, Tower Group International, Watkins Motor Lines, and World Tariff Limited.
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This page (NYSE:FDX) was last updated on 4/16/2024 by MarketBeat.com Staff

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