FedEx (NYSE:FDX) Shares Break Above 50-Day Moving Average – Here’s Why

FedEx Corporation (NYSE:FDX) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $305.43 and traded as high as $307.94. FedEx shares last traded at $307.4360, with a volume of 1,701,357 shares traded.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Results exceeded expectations: FedEx reported adjusted earnings of $3.74 per share versus the $3.34 consensus and revenue of approximately $22.9 billion, up about 12% year over year and ahead of estimates. Higher package yields, volume growth and cost savings supported profitability. FedEx beats expectations, raises outlook in first report since calendar adjustment
• Positive Sentiment: 2026 guidance increased: Management raised its full-year outlook, including a roughly 12% revenue-growth expectation and adjusted EPS guidance of about $18.60. Premium shipping demand, network optimization and cost reductions are helping offset higher fuel and transportation expenses. FedEx forecasts annual profit above estimates
• Positive Sentiment: Shareholder returns and growth opportunities: FedEx repurchased approximately $2 billion of stock during the quarter, with additional buyback capacity remaining. The company is also attracting parcel-focused customers to its air-freight services, including shipments tied to AI and data-center infrastructure. FedEx drawing parcel-focused shippers to its air freight services
• Positive Sentiment: Analyst support strengthened: HSBC upgraded FDX to Buy with a $370 price target, while JPMorgan maintained an Overweight rating and lifted its target to $400, signaling substantial potential upside in analysts’ view. HSBC upgrades FedEx to Buy
• Neutral Sentiment: Investors are comparing FedEx’s strong performance with United Parcel Service’s results, with both shipping companies beating quarterly estimates and raising outlooks. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
• Negative Sentiment: Margin and earnings-quality risks remain: Rising transportation costs, domestic margin pressure and a softer holiday-quarter outlook could limit near-term upside. GAAP net income also fell sharply, partly because of a loss tied to FedEx Freight, even though adjusted earnings improved. FedEx’s soft holiday-quarter outlook

Analysts Set New Price Targets

Several research analysts have recently weighed in on FDX shares. Stephens raised shares of FedEx to a “strong-buy” rating in a research report on Wednesday, July 8th. Citizens Jmp assumed coverage on shares of FedEx in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price objective for the company. BNP Paribas Exane lifted their target price on shares of FedEx from $269.80 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 30th. Evercore boosted their target price on shares of FedEx from $350.00 to $351.00 in a report on Monday, September 28th. Finally, JPMorgan Chase & Co. increased their price target on shares of FedEx from $399.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and a consensus target price of $365.84.

FedEx Price Performance

The company has a fifty day moving average of $304.55 and a 200-day moving average of $337.13. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. The stock has a market cap of $72.79 billion, a PE ratio of 15.14, a P/E/G ratio of 1.23 and a beta of 1.28.

FedEx (NYSE:FDX) last announced its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.40. The company had revenue of $22.93 billion during the quarter, compared to analysts’ expectations of $22.73 billion. FedEx had a return on equity of 16.15% and a net margin of 4.09%. FedEx’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the business posted $3.83 EPS. Sell-side analysts expect that FedEx Corporation will post 18.27 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s dividend payout ratio is currently 26.36%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Ferguson Wellman Capital Management Inc. grew its position in FedEx by 3.2% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 830 shares of the shipping service provider’s stock valued at $296,000 after acquiring an additional 26 shares during the period. Whipplewood Advisors LLC raised its holdings in shares of FedEx by 9.9% in the 1st quarter. Whipplewood Advisors LLC now owns 333 shares of the shipping service provider’s stock worth $119,000 after purchasing an additional 30 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of FedEx by 11.9% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 283 shares of the shipping service provider’s stock worth $101,000 after purchasing an additional 30 shares during the period. Avior Wealth Management LLC lifted its stake in shares of FedEx by 2.6% in the 2nd quarter. Avior Wealth Management LLC now owns 1,361 shares of the shipping service provider’s stock valued at $426,000 after purchasing an additional 34 shares in the last quarter. Finally, CLG LLC lifted its stake in shares of FedEx by 3.8% in the 1st quarter. CLG LLC now owns 952 shares of the shipping service provider’s stock valued at $339,000 after purchasing an additional 35 shares in the last quarter. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

About FedEx

FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.