FedEx (NYSE:FDX) Updates FY 2025 Earnings Guidance

FedEx (NYSE:FDX - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. 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.

Wall Street Analysts Forecast Growth

FDX has been the subject of several research reports. Jefferies Financial Group upgraded shares of FedEx from a "hold" rating to a "buy" rating and decreased their price objective for the stock from $300.00 to $275.00 in a research note on Monday. Sanford C. Bernstein cut shares of FedEx from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $337.00 to $316.00 in a research report on Tuesday, December 3rd. Barclays reduced their price objective on FedEx from $365.00 to $350.00 and set an "overweight" rating on the stock in a research note on Friday. Bank of America lowered their target price on FedEx from $295.00 to $272.00 and set a "buy" rating for the company in a research note on Friday. Finally, Stifel Nicolaus reduced their price target on FedEx from $364.00 to $354.00 and set a "buy" rating on the stock in a research report on Friday. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, FedEx currently has an average rating of "Moderate Buy" and a consensus price target of $300.60.

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FedEx Stock Performance

FDX stock traded up $11.94 during trading on Monday, hitting $242.27. 3,992,714 shares of the company's stock traded hands, compared to its average volume of 1,691,385. The stock has a fifty day moving average price of $259.95 and a two-hundred day moving average price of $272.35. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 0.73. FedEx has a 52 week low of $217.22 and a 52 week high of $313.84. The stock has a market capitalization of $58.35 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 1.11 and a beta of 1.23.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly earnings data on Thursday, March 20th. The shipping service provider reported $4.51 earnings per share for the quarter, missing the consensus estimate of $4.56 by ($0.05). FedEx had a return on equity of 15.59% and a net margin of 4.45%. The business had revenue of $22.16 billion for the quarter, compared to analyst estimates of $21.96 billion. During the same quarter last year, the company earned $3.86 EPS. FedEx's revenue was up 1.9% compared to the same quarter last year. As a group, equities analysts anticipate that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 10th will be paid a dividend of $1.38 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $5.52 dividend on an annualized basis and a yield of 2.28%. FedEx's payout ratio is currently 35.18%.

Insiders Place Their Bets

In other news, Director Amy B. Lane purchased 333 shares of the company's stock in a transaction on Thursday, December 26th. The shares were bought at an average price of $276.06 per share, for a total transaction of $91,927.98. Following the completion of the purchase, the director now owns 333 shares of the company's stock, valued at $91,927.98. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard W. Smith sold 2,576 shares of the business's stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $276.93, for a total value of $713,371.68. Following the transaction, the chief executive officer now owns 111,886 shares of the company's stock, valued at approximately $30,984,589.98. This represents a 2.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.87% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On FedEx

A hedge fund recently raised its stake in FedEx stock. Brighton Jones LLC grew its stake in shares of FedEx Co. (NYSE:FDX - Free Report) by 12.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,825 shares of the shipping service provider's stock after buying an additional 207 shares during the quarter. Brighton Jones LLC's holdings in FedEx were worth $514,000 as of its most recent filing with the Securities and Exchange Commission. 84.47% of the stock is currently owned by institutional investors.

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.