Zacks Research Comments on FedEx's Q1 Earnings (NYSE:FDX)

FedEx Corporation (NYSE:FDX - Free Report) - Research analysts at Zacks Research decreased their Q1 2026 EPS estimates for shares of FedEx in a research note issued on Tuesday, July 15th. Zacks Research analyst M. Basu now anticipates that the shipping service provider will post earnings per share of $3.70 for the quarter, down from their prior estimate of $3.86. The consensus estimate for FedEx's current full-year earnings is $19.14 per share. Zacks Research also issued estimates for FedEx's Q2 2026 earnings at $3.81 EPS, Q3 2026 earnings at $3.97 EPS, Q1 2027 earnings at $3.86 EPS, Q3 2027 earnings at $5.00 EPS, Q4 2027 earnings at $4.87 EPS, FY2027 earnings at $17.35 EPS and FY2028 earnings at $17.89 EPS.

FedEx (NYSE:FDX - Get Free Report) last issued its quarterly earnings data on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share for the quarter, beating the consensus estimate of $5.98 by $0.09. The firm had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $21.86 billion. FedEx had a net margin of 4.65% and a return on equity of 16.34%. During the same period last year, the firm posted $5.41 EPS.

A number of other research firms also recently commented on FDX. Sanford C. Bernstein dropped their price target on shares of FedEx from $282.00 to $249.00 and set a "market perform" rating on the stock in a research report on Friday, June 13th. Bank of America dropped their target price on shares of FedEx from $270.00 to $245.00 and set a "buy" rating on the stock in a report on Wednesday, June 25th. Truist Financial reiterated a "buy" rating and issued a $275.00 target price on shares of FedEx in a report on Wednesday, June 25th. Stifel Nicolaus set a $315.00 price target on shares of FedEx in a report on Wednesday, June 25th. Finally, BNP Paribas Exane upgraded shares of FedEx from an "underperform" rating to an "outperform" rating and set a $270.00 price target on the stock in a report on Thursday, July 3rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $283.25.

FedEx Stock Down 0.8%

FDX stock opened at $228.77 on Thursday. FedEx has a 52 week low of $194.30 and a 52 week high of $313.67. The company has a market capitalization of $54.81 billion, a price-to-earnings ratio of 13.55, a price-to-earnings-growth ratio of 1.21 and a beta of 1.35. The firm's 50-day moving average is $226.27 and its two-hundred day moving average is $239.21. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68.

Institutional Trading of FedEx

Several large investors have recently modified their holdings of FDX. Transce3nd LLC bought a new stake in shares of FedEx during the 4th quarter worth $26,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of FedEx in the 4th quarter valued at $28,000. Runnymede Capital Advisors Inc. acquired a new stake in shares of FedEx during the 4th quarter worth about $32,000. Accredited Wealth Management LLC acquired a new stake in shares of FedEx during the 4th quarter worth about $35,000. Finally, Abound Financial LLC acquired a new stake in shares of FedEx during the 1st quarter worth about $38,000. 84.47% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other FedEx news, Director Marvin R. Ellison sold 3,610 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total value of $855,353.40. Following the completion of the sale, the director directly owned 7,720 shares of the company's stock, valued at $1,829,176.80. The trade was a 31.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Paul S. Walsh sold 3,610 shares of the business's stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total transaction of $860,226.90. Following the completion of the sale, the director directly owned 15,513 shares of the company's stock, valued at $3,696,592.77. This represents a 18.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,343 shares of company stock valued at $2,228,816 over the last ninety days. Corporate insiders own 8.87% of the company's stock.

FedEx Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 8th. Shareholders of record on Monday, June 23rd were given a $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 2.54%. This is an increase from FedEx's previous quarterly dividend of $1.38. The ex-dividend date was Monday, June 23rd. FedEx's payout ratio is currently 34.36%.

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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