Fedex Corp (NYSE: FDX) has a higher price-to-earnings ratio of 17.48x compared to its average ratio. FDX has 36-month beta value of 1.20. Analysts have mixed views on the stock, with 16 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for FDX is 220.42M, and currently, short sellers hold a 1.60% ratio of that float. The average trading volume of FDX on January 03, 2025 was 1.62M shares.
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FDX) stock’s latest price update
The stock price of Fedex Corp (NYSE: FDX) has dropped by -2.51 compared to previous close of 281.33. Despite this, the company has seen a gain of 0.90% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-29 that FDX’s Q2 report was unimpressive, with revenue down 0.9% y/y and EPS up 1.5% y/y, missing and beating analyst estimates respectively. The spinoff of the Freight business is a positive move, expected to unlock significant shareholder value and provide higher long-term returns. Post the spinoff, investors are better off investing fully in the Freight Entity and exiting the parent company.
FDX’s Market Performance
FDX’s stock has risen by 0.90% in the past week, with a monthly drop of -7.55% and a quarterly rise of 2.75%. The volatility ratio for the week is 2.51% while the volatility levels for the last 30 days are 2.53% for Fedex Corp. The simple moving average for the past 20 days is -1.56% for FDX’s stock, with a -1.02% simple moving average for the past 200 days.
Analysts’ Opinion of FDX
Many brokerage firms have already submitted their reports for FDX stocks, with TD Cowen repeating the rating for FDX by listing it as a “Buy.” The predicted price for FDX in the upcoming period, according to TD Cowen is $337 based on the research report published on December 20, 2024 of the previous year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see FDX reach a price target of $365, previously predicting the price at $288. The rating they have provided for FDX stocks is “Buy” according to the report published on December 20th, 2024.
TD Cowen gave a rating of “Buy” to FDX, setting the target price at $337 in the report published on December 20th of the previous year.
FDX Trading at -3.05% 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 -12.61% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.51%, as shares sank -3.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.03% upper at present.
During the last 5 trading sessions, FDX rose by +0.90%, which changed the moving average for the period of 200-days by +8.33% in comparison to the 20-day moving average, which settled at $278.62. In addition, Fedex Corp saw -2.51% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FDX starting from LANE AMY B, who purchase 333 shares at the price of $276.06 back on Dec 26 ’24. After this action, LANE AMY B now owns 333 shares of Fedex Corp, valued at $91,929 using the latest closing price.
Carere Brie, the EVP/Chief Customer Officer of Fedex Corp, sale 1,958 shares at $310.43 during a trade that took place back on Jul 18 ’24, which means that Carere Brie is holding 19,937 shares at $607,822 based on the most recent closing price.
Stock Fundamentals for FDX
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.23 for the gross margin
The net margin for Fedex Corp stands at 0.04. The total capital return value is set at 0.08. Equity return is now at value 14.59, with 4.47 for asset returns.
Based on Fedex Corp (FDX), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 28.67.
Currently, EBITDA for the company is 10.87 billion with net debt to EBITDA at 1.66. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 8.14for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
To put it simply, Fedex Corp (FDX) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
