FedEx Corporation (NYSE:FDX) went up by 4.91% from its latest closing price compared to the recent 1-year high of $305.66. The company’s stock price has collected 10.44% of gains in the last five trading sessions. Barron’s reported 15 hours ago that FedEx and UPS Shares Surge on Rating Upgrades
Is It Worth Investing in FedEx Corporation (NYSE :FDX) Right Now?
FedEx Corporation (NYSE:FDX) scored a price-to-earnings ratio above its average ratio, recording 26.97 x from its present earnings ratio. Plus, the 36-month beta value for FDX is at 1.27. Opinions of the stock are interesting as 20 analysts out of 30 who provided ratings for FedEx Corporation declared the stock was a “buy,” while 3 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $335.98, which is $24.35 above the current price. FDX currently public float of 244.82M and currently shorts hold a 1.31% ratio of that float. Today, the average trading volume of FDX was 2.25M shares.
FDX’s Market Performance
FDX stocks went up by 10.44% for the week, with a monthly jump of 7.41% and a quarterly performance of 27.30%, while its annual performance rate touched 157.66%. The volatility ratio for the week stands at 2.52% while the volatility levels for the past 30 days are set at 1.99% for FedEx Corporation. The simple moving average for the period of the last 20 days is 6.95% for FDX stocks with a simple moving average of 20.27% for the last 200 days.
Analysts’ Opinion of FDX
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see FDX reach a price target of $350. The rating they have provided for FDX stocks is “Overweight” according to the report published on April 13th, 2021.
Vertical Research gave a rating of “Buy” to FDX, setting the target price at $340 in the report published on March 26th of the current year.
FDX Trading at 11.49% from the 50-Day Moving Average
After a stumble in the market that brought FDX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.36% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +8.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.60% upper at present.
During the last 5 trading sessions, FDX rose by +10.44%, which changed the moving average for the period of 200-days by +83.35% in comparison to the 20-day moving average, which settled at $285.91. In addition, FedEx Corporation saw 17.31% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at FDX starting from Colleran Donald F, who sale 17,150 shares at the price of $300.52 back on May 03. After this action, Colleran Donald F now owns 39,054 shares of FedEx Corporation, valued at $5,153,880 using the latest closing price.
Brannon Jill, the EVP – Chief Sales Officer of FedEx Corporation, sale 1,101 shares at $303.00 during a trade that took place back on May 03, which means that Brannon Jill is holding 7,278 shares at $333,603 based on the most recent closing price.
Stock Fundamentals for FDX
Current profitability levels for the company are sitting at:
- +4.12 for the present operating margin
- +19.28 for the gross margin
The net margin for FedEx Corporation stands at +1.86. The total capital return value is set at 6.36, while invested capital returns managed to touch 2.96. Equity return is now at value 15.00, with 3.80 for asset returns.
Based on FedEx Corporation (FDX), the company’s capital structure generated 197.44 points at debt to equity in total, while total debt to capital is 66.38. Total debt to assets is 49.12, with long-term debt to equity ratio resting at 186.65. Finally, the long-term debt to capital ratio is 62.75.
When we switch over and look at the enterprise to sales, we see a ratio of 0.95, with the company’s debt to enterprise value settled at 0.55. The receivables turnover for the company is 7.04 and the total asset turnover is 1.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.