FedEx (NYSE:FDX) Issues FY 2025 Earnings Guidance

FedEx (NYSE:FDX) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 18.000-18.600 for the period, compared to the consensus EPS estimate of 19.180. The company issued revenue guidance of -$87.7 billion, compared to the consensus revenue estimate of $87.9 billion. FedEx also updated its FY25 guidance to $18.00-18.60 EPS.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of FedEx in a research report on Friday, March 7th. They issued a “buy” rating and a $337.00 target price for the company. BMO Capital Markets upped their price objective on shares of FedEx from $300.00 to $330.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th. Wells Fargo & Company cut their price objective on shares of FedEx from $320.00 to $275.00 and set an “equal weight” rating for the company in a research report on Thursday, March 6th. Citigroup cut their price objective on shares of FedEx from $347.00 to $317.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, UBS Group upped their price objective on shares of FedEx from $311.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, December 20th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $317.48.

FedEx Trading Down 0.5 %

Shares of FedEx stock traded down $1.12 on Thursday, hitting $246.00. The stock had a trading volume of 3,005,121 shares, compared to its average volume of 1,690,392. The stock has a 50 day moving average of $261.33 and a 200 day moving average of $273.30. FedEx has a twelve month low of $232.64 and a twelve month high of $313.84. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.19 and a current ratio of 1.23. The firm has a market capitalization of $59.25 billion, a P/E ratio of 15.68, a PEG ratio of 1.11 and a beta of 1.23.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, March 20th. The shipping service provider reported $4.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.59 by ($0.08). FedEx had a net margin of 4.45% and a return on equity of 15.59%. The firm had revenue of $22.16 billion during the quarter, compared to analyst estimates of $21.96 billion. During the same period in the prior year, the company earned $3.86 EPS. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. Sell-side analysts expect that FedEx will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 10th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend is Monday, March 10th. FedEx’s payout ratio is presently 35.18%.

Insider Activity at FedEx

In other FedEx news, EVP John W. Dietrich purchased 1,000 shares of the business’s stock in a transaction on Tuesday, January 7th. The shares were purchased at an average cost of $273.98 per share, for a total transaction of $273,980.00. Following the acquisition, the executive vice president now owns 9,067 shares of the company’s stock, valued at approximately $2,484,176.66. This represents a 12.40 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Amy B. Lane purchased 333 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were acquired at an average price of $276.06 per share, for a total transaction of $91,927.98. Following the completion of the acquisition, the director now directly owns 333 shares in the company, valued at approximately $91,927.98. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 8.87% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On FedEx

An institutional investor recently raised its position in FedEx stock. Brighton Jones LLC grew its holdings in shares of FedEx Co. (NYSE:FDX) by 12.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,825 shares of the shipping service provider’s stock after buying an additional 207 shares during the period. Brighton Jones LLC’s holdings in FedEx were worth $514,000 as of its most recent filing with the SEC. 84.47% of the stock is currently owned by institutional investors and hedge funds.

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.