FedEx (NYSE:FDX) Price Target Lowered to $308.00 at Stifel Nicolaus

Key Points

• Stifel Nicolaus has lowered its price target for FedEx from $315.00 to $308.00, while maintaining a "buy" rating, indicating a potential upside of 34.38% from the previous close.
• FedEx reported quarterly earnings of $6.07 EPS, surpassing estimates, and had a revenue of $22.20 billion, exceeding analyst expectations.
• Recent analyst ratings show a consensus of "Moderate Buy" for FedEx, with a range of opinions from strong buy to sell from various investment firms.

FedEx (NYSE:FDX - Get Free Report) had its price objective lowered by investment analysts at Stifel Nicolaus from $315.00 to $308.00 in a research note issued on Wednesday,MarketScreener reports. The firm presently has a "buy" rating on the shipping service provider's stock. Stifel Nicolaus' price target suggests a potential upside of 34.38% from the stock's previous close.

FDX has been the topic of a number of other research reports. Bank of America reaffirmed a "neutral" rating and set a $240.00 price objective (down previously from $245.00) on shares of FedEx in a research report on Thursday, September 11th. Wall Street Zen downgraded FedEx from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. Stephens reaffirmed an "overweight" rating and set a $300.00 price objective on shares of FedEx in a research report on Tuesday, May 20th. Dbs Bank raised FedEx from a "hold" rating to a "moderate buy" rating in a report on Thursday, August 21st. Finally, Wells Fargo & Company raised their price target on FedEx from $220.00 to $235.00 and gave the stock an "equal weight" rating in a report on Wednesday, June 25th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $276.29.

FedEx Trading Up 0.7%

Shares of FedEx stock traded up $1.51 on Wednesday, hitting $229.21. The stock had a trading volume of 896,489 shares, compared to its average volume of 1,947,457. The company has a quick ratio of 1.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.68. FedEx has a one year low of $194.29 and a one year high of $308.53. The stock has a market cap of $54.08 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 1.27 and a beta of 1.20. The stock's 50-day simple moving average is $229.37 and its two-hundred day simple moving average is $226.95.

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

Insiders Place Their Bets

In other FedEx news, Director Marvin R. Ellison sold 3,610 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $236.94, for a total transaction of $855,353.40. Following the completion of the transaction, the director directly owned 7,720 shares of the company's stock, valued at approximately $1,829,176.80. This trade represents a 31.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director R Brad Martin sold 2,123 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $241.75, for a total transaction of $513,235.25. Following the transaction, the director directly owned 8,935 shares in the company, valued at $2,160,036.25. The trade was 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 worth $2,228,816 over the last quarter. 0.53% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On FedEx

Several institutional investors have recently added to or reduced their stakes in the stock. NewSquare Capital LLC boosted its holdings in 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 purchasing an additional 67 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of FedEx during the second quarter worth $28,000. Abound Financial LLC bought a new position in FedEx during the first quarter worth $38,000. Ameriflex Group Inc. bought a new position in shares of FedEx in the fourth quarter valued at $43,000. Finally, WPG Advisers LLC bought a new position in shares of FedEx during the first quarter valued at about $43,000. 84.47% of the stock is owned by institutional investors.

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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