FedEx Corporation (NYSE:FDX) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• FedEx Corporation has received a consensus rating of "Moderate Buy" from 30 brokerages, with 18 analysts recommending a buy and one a strong buy, while the average target price is $283.13.
• The company recently reported quarterly earnings of $6.07 per share, exceeding estimates of $5.98, alongside revenues of $22.20 billion, which also surpassed analysts' predictions.
• FedEx announced a quarterly dividend of $1.45 per share, translating to an annual yield of 2.5%, with the payment date set for October 1st.

Shares of FedEx Corporation (NYSE:FDX - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the thirty ratings firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $283.1250.

A number of research analysts have weighed in on FDX shares. Susquehanna boosted their target price on shares of FedEx from $290.00 to $295.00 and gave the company a "positive" rating in a research note on Wednesday, June 25th. UBS Group lowered their price target on shares of FedEx from $311.00 to $297.00 and set a "buy" rating on the stock in a report on Wednesday, June 25th. Stephens reissued an "overweight" rating and issued a $300.00 target price on shares of FedEx in a research report on Tuesday, May 20th. Wells Fargo & Company boosted their target price on FedEx from $220.00 to $235.00 and gave the company an "equal weight" rating in a research note on Wednesday, June 25th. Finally, Stifel Nicolaus set a $315.00 price target on FedEx in a research report on Wednesday, June 25th.

FedEx Stock Performance

FDX stock opened at $232.11 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.68. The firm has a market cap of $54.77 billion, a PE ratio of 13.75, a P/E/G ratio of 1.20 and a beta of 1.30. The business has a 50 day moving average of $230.42 and a 200-day moving average of $230.50. FedEx has a 12-month low of $194.29 and a 12-month high of $308.53.

FedEx (NYSE:FDX - Get Free Report) last announced its quarterly earnings data on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.98 by $0.09. The firm had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $21.86 billion. FedEx had a return on equity of 16.34% and a net margin of 4.65%.During the same quarter in the prior year, the company earned $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. As a group, sell-side analysts expect that FedEx will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th will be given a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, September 8th. FedEx's dividend payout ratio (DPR) is currently 34.36%.

Insider Activity

In other news, Director Marvin R. Ellison sold 3,610 shares of the firm's stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $236.94, for a total value of $855,353.40. Following the completion of the transaction, the director directly owned 7,720 shares of the company's stock, valued at $1,829,176.80. This trade represents a 31.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director R Brad Martin sold 2,123 shares of FedEx stock in a transaction on Monday, July 7th. The shares were sold at an average price of $241.75, for a total value of $513,235.25. Following the completion of the transaction, the director owned 8,935 shares of the company's stock, valued at approximately $2,160,036.25. This trade represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,343 shares of company stock valued at $2,228,816 over the last quarter. Company insiders own 0.53% of the company's stock.

Institutional Investors Weigh In On FedEx

A number of institutional investors and hedge funds have recently made changes to their positions in the business. NewSquare Capital LLC boosted its position in shares of FedEx by 121.8% during 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 last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in FedEx during the second quarter valued at approximately $28,000. Accredited Wealth Management LLC purchased a new position in FedEx in the 4th quarter worth approximately $35,000. Abound Financial LLC bought a new position in shares of FedEx in the 1st quarter worth $38,000. Finally, Optiver Holding B.V. bought a new position in shares of FedEx in the 4th quarter worth $39,000. Hedge funds and other institutional investors own 84.47% of the company's stock.

About FedEx

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.

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