FedEx (NYSE:FDX) Stock Rating Lowered by BNP Paribas

FedEx (NYSE:FDX) was downgraded by equities research analysts at BNP Paribas from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday, MarketBeat Ratings reports.

A number of other brokerages have also issued reports on FDX. Citigroup boosted their target price on shares of FedEx from $310.00 to $327.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. TD Cowen boosted their price target on FedEx from $271.00 to $313.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Raymond James Financial upped their price target on FedEx from $255.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, December 22nd. Finally, Oppenheimer reissued a “market perform” rating on shares of FedEx in a report on Friday, December 19th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, FedEx presently has an average rating of “Hold” and an average price target of $302.65.

FedEx Stock Down 0.7%

FDX stock opened at $309.73 on Tuesday. The stock has a market capitalization of $72.82 billion, a price-to-earnings ratio of 17.07, a price-to-earnings-growth ratio of 1.56 and a beta of 1.35. The company has a 50-day moving average of $281.41 and a two-hundred day moving average of $250.52. FedEx has a 52-week low of $194.29 and a 52-week high of $318.83. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.80. The business had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts anticipate that FedEx will post 19.14 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FDX. Ulland Investment Advisors LLC bought a new position in shares of FedEx in the 4th quarter worth $29,000. Grey Fox Wealth Advisors LLC acquired a new position in FedEx in the third quarter valued at about $27,000. Twin Peaks Wealth Advisors LLC bought a new position in FedEx during the second quarter worth about $28,000. Wealth Watch Advisors INC bought a new stake in shares of FedEx in the 3rd quarter valued at about $28,000. Finally, NewSquare Capital LLC raised its position in shares of FedEx by 121.8% in the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after acquiring an additional 67 shares during the period. 84.47% of the stock is owned by institutional investors and hedge funds.

About FedEx

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.