FedEx (NYSE:FDX) Updates FY25 Earnings Guidance

FedEx (NYSE:FDX - Get Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $18.00-18.60 for the period, compared to the consensus estimate of $18.93. The company issued revenue guidance of flat to slightly down yr/yr, compared to the consensus revenue estimate of $87.59 billion. FedEx also updated its FY 2025 guidance to 18.000-18.600 EPS.

FedEx Price Performance

Shares of FDX traded up $11.94 during mid-day trading on Monday, reaching $242.27. 3,992,714 shares of the company's stock were exchanged, compared to its average volume of 1,691,385. The company has a market cap of $58.35 billion, a price-to-earnings ratio of 15.44, a PEG ratio of 1.11 and a beta of 1.23. 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 company has a 50-day simple moving average of $259.95 and a two-hundred day simple moving average of $272.35.

FedEx (NYSE:FDX - Get Free Report) last announced its earnings results 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). The business had revenue of $22.16 billion for the quarter, compared to analyst estimates of $21.96 billion. FedEx had a net margin of 4.45% and a return on equity of 15.59%. The firm's revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.86 earnings per share. On average, sell-side analysts predict that FedEx will post 19.14 EPS for the current fiscal year.

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FedEx Dividend Announcement

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

Analysts Set New Price Targets

FDX has been the topic of a number of recent analyst reports. TD Cowen cut their price objective on FedEx from $337.00 to $310.00 and set a "buy" rating on the stock in a research note on Friday. Oppenheimer reiterated a "market perform" rating on shares of FedEx in a research note on Friday. BNP Paribas upgraded FedEx from a "strong sell" rating to a "strong-buy" rating in a research report on Thursday, January 16th. Barclays decreased their price target on FedEx from $365.00 to $350.00 and set an "overweight" rating for the company in a report on Friday. Finally, UBS Group dropped their target price on shares of FedEx from $350.00 to $331.00 and set a "buy" rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $300.60.

Insider Buying and Selling

In other news, EVP John W. Dietrich acquired 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, January 7th. The stock was purchased at an average price of $273.98 per share, for a total transaction of $273,980.00. Following the completion of the acquisition, the executive vice president now owns 9,067 shares in the company, valued at $2,484,176.66. This trade represents a 12.40 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Susan C. Schwab sold 3,980 shares of FedEx stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $276.45, for a total value of $1,100,271.00. Following the transaction, the director now owns 8,904 shares of the company's stock, valued at $2,461,510.80. The trade was a 30.89 % decrease in their position. The disclosure for this sale can be found here. 8.87% of the stock is currently owned by insiders.

Hedge Funds Weigh In On FedEx

A hedge fund recently raised its stake in FedEx stock. Brighton Jones LLC lifted its position in FedEx Co. (NYSE:FDX - Free Report) by 12.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,825 shares of the shipping service provider's stock after purchasing an additional 207 shares during the quarter. Brighton Jones LLC's holdings in FedEx were worth $514,000 at the end of the most recent quarter. 84.47% of the stock is currently owned by institutional investors.

About FedEx

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.