FedEx Corporation (NYSE:FDX) Receives $275.85 Consensus PT from Analysts

FedEx Corporation (NYSE:FDX) has received a consensus recommendation of “Moderate Buy” from the twenty-seven research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, sixteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $271.6667.

A number of equities analysts have weighed in on the company. Daiwa Capital Markets upped their price target on FedEx from $232.00 to $240.00 and gave the stock a “neutral” rating in a research report on Monday. UBS Group upped their price target on FedEx from $293.00 to $314.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. Susquehanna upped their price target on FedEx from $285.00 to $300.00 and gave the stock a “positive” rating in a research report on Friday, September 19th. Vertical Research reduced their price target on FedEx from $280.00 to $275.00 in a research report on Friday, September 19th. Finally, Stifel Nicolaus reduced their price target on FedEx from $308.00 to $296.00 and set a “buy” rating for the company in a research report on Wednesday, September 17th.

Insider Activity

In other news, Director Paul S. Walsh sold 3,610 shares of the stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total value of $860,226.90. Following the completion of the sale, the director owned 15,513 shares of the company’s stock, valued at approximately $3,696,592.77. This represents a 18.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Marvin R. Ellison sold 3,610 shares of the stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total value of $855,353.40. Following the completion of the sale, the director directly owned 7,720 shares of the company’s stock, valued at approximately $1,829,176.80. The trade was a 31.86% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,343 shares of company stock valued at $2,228,816. 0.53% of the stock is owned by insiders.

Institutional Investors Weigh In On FedEx

Several large investors have recently made changes to their positions in FDX. Brighton Jones LLC boosted its holdings 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 valued at $514,000 after buying an additional 207 shares during the last quarter. Two Sigma Investments LP boosted its holdings in shares of FedEx by 98.1% in the 4th quarter. Two Sigma Investments LP now owns 10,700 shares of the shipping service provider’s stock valued at $3,010,000 after buying an additional 5,300 shares during the last quarter. Toronto Dominion Bank boosted its holdings in shares of FedEx by 56.7% in the 4th quarter. Toronto Dominion Bank now owns 131,302 shares of the shipping service provider’s stock valued at $36,939,000 after buying an additional 47,491 shares during the last quarter. Forum Financial Management LP boosted its holdings in shares of FedEx by 28.3% in the 4th quarter. Forum Financial Management LP now owns 3,435 shares of the shipping service provider’s stock valued at $967,000 after buying an additional 758 shares during the last quarter. Finally, Perennial Advisors LLC bought a new stake in FedEx in the 4th quarter valued at $7,331,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Price Performance

Shares of FDX opened at $233.94 on Monday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.21 and a current ratio of 1.25. The stock has a 50 day simple moving average of $228.93 and a 200 day simple moving average of $226.23. FedEx has a 52-week low of $194.29 and a 52-week high of $308.53. The firm has a market capitalization of $55.20 billion, a PE ratio of 13.66, a P/E/G ratio of 1.30 and a beta of 1.20.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.12. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The business had revenue of $22.20 billion during the quarter, compared to analyst estimates of $21.74 billion. During the same period in the previous year, the firm earned $3.60 EPS. FedEx’s quarterly revenue was up 3.1% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. Sell-side analysts predict that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th will be given a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, September 8th. This represents a $5.80 dividend on an annualized basis and a yield of 2.5%. FedEx’s dividend payout ratio is 33.86%.

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.