FedEx Corporation (NYSE:FDX) Given Average Rating of “Moderate Buy” by Brokerages

Shares of FedEx Corporation (NYSE:FDX) have received a consensus recommendation of “Moderate Buy” from the thirty-one brokerages that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, sixteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $298.92.

A number of equities analysts recently commented on the company. Susquehanna reduced their price target on FedEx from $345.00 to $340.00 in a report on Tuesday, December 23rd. Vertical Research dropped their price target on FedEx from $280.00 to $275.00 in a research note on Friday, September 19th. HSBC raised their price target on FedEx from $235.00 to $285.00 and gave the company a “hold” rating in a report on Friday, December 19th. Barclays upped their price objective on shares of FedEx from $320.00 to $360.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of FedEx from $276.00 to $322.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th.

FedEx Stock Performance

Shares of FDX stock opened at $307.45 on Wednesday. FedEx has a 12 month low of $194.29 and a 12 month high of $308.10. The company’s fifty day simple moving average is $275.56 and its 200-day simple moving average is $247.57. The firm has a market cap of $72.29 billion, a PE ratio of 16.95, a P/E/G ratio of 1.48 and a beta of 1.35. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last released its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the business earned $4.05 earnings per share. FedEx’s quarterly revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities research analysts expect that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were issued a dividend of $1.45 per share. 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 currently 31.97%.

Institutional Trading of FedEx

Several hedge funds have recently added to or reduced their stakes in FDX. Park Avenue Securities LLC grew its holdings in FedEx by 48.4% in the 4th quarter. Park Avenue Securities LLC now owns 5,608 shares of the shipping service provider’s stock valued at $1,620,000 after buying an additional 1,830 shares in the last quarter. Anderson Hoagland & Co. acquired a new stake in shares of FedEx during the fourth quarter worth $230,000. Union Bancaire Privee UBP SA bought a new stake in shares of FedEx in the fourth quarter valued at about $64,000. GAMMA Investing LLC grew its stake in shares of FedEx by 22.3% in the fourth quarter. GAMMA Investing LLC now owns 4,628 shares of the shipping service provider’s stock valued at $1,337,000 after acquiring an additional 844 shares in the last quarter. Finally, Global Wealth Strategies & Associates increased its position in FedEx by 250.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 140 shares of the shipping service provider’s stock worth $40,000 after acquiring an additional 100 shares during the period. 84.47% of the stock is owned by institutional investors and hedge funds.

FedEx Company Profile

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.