FedEx Corporation (NYSE:FDX) Given Consensus Recommendation of “Hold” by Analysts

Shares of FedEx Corporation (NYSE:FDXGet Free Report) have received a consensus rating of “Hold” from the thirty-two analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $303.8571.

Several analysts recently issued reports on the stock. Citigroup upped their price target on shares of FedEx from $310.00 to $327.00 and gave the company a “buy” rating in a report on Friday, December 19th. Jefferies Financial Group boosted their target price on shares of FedEx from $315.00 to $326.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Rothschild Redb lowered shares of FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Rothschild & Co Redburn downgraded FedEx from a “buy” rating to a “neutral” rating and set a $271.00 price target for the company. in a research note on Wednesday. Finally, Barclays boosted their price objective on FedEx from $320.00 to $360.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th.

Get Our Latest Stock Analysis on FDX

FedEx Price Performance

FedEx stock opened at $304.22 on Friday. The firm has a fifty day moving average of $288.62 and a 200-day moving average of $254.42. FedEx has a 52-week low of $194.29 and a 52-week high of $318.83. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $71.53 billion, a P/E ratio of 16.77, a PEG ratio of 1.53 and a beta of 1.35.

FedEx (NYSE:FDXGet Free Report) last announced its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $22.79 billion. During the same period last year, the business posted $4.05 EPS. The company’s revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, analysts predict that FedEx will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were issued a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, December 15th. FedEx’s payout ratio is 31.97%.

Hedge Funds Weigh In On FedEx

Hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in shares of FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after buying an additional 207 shares during the last quarter. Empowered Funds LLC raised its stake in FedEx by 78.9% during the first quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after acquiring an additional 4,548 shares during the period. Sivia Capital Partners LLC bought a new position in FedEx in the second quarter worth about $586,000. Perigon Wealth Management LLC boosted its stake in FedEx by 2.1% in the second quarter. Perigon Wealth Management LLC now owns 3,558 shares of the shipping service provider’s stock valued at $809,000 after acquiring an additional 72 shares during the period. Finally, CX Institutional boosted its stake in FedEx by 4.7% in the second quarter. CX Institutional now owns 3,689 shares of the shipping service provider’s stock valued at $838,000 after acquiring an additional 167 shares during the period. Institutional investors and hedge funds own 84.47% of the company’s stock.

More FedEx News

Here are the key news stories impacting FedEx this week:

About FedEx

(Get Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

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Analyst Recommendations for FedEx (NYSE:FDX)

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