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NYSE:FDX

FedEx Stock Forecast, Price & News

$233.81

-6.28 (-2.62%)

(As of 06/29/2022 12:00 AM ET)

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Today's Range: $226.70
▼
$242.00
50-Day Range: $197.01
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$243.24
52-Week Range: $192.82
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$302.65

Volume: 3.71 million shs
Average Volume: 2.60 million shs
Market Capitalization: $60.60 billion

P/E Ratio: 16.35
Dividend Yield: 1.92%
Price Target: $298.95

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FDX Stock Forecast (MarketRank)

Overall MarketRank^™

3.50 out of 5 stars

Transportation Sector

5th out of 173 stocks

Air Courier Services Industry

1st out of 3 stocks

4.4 Analyst's Opinion

Consensus Rating
FedEx has received a consensus rating of Moderate Buy. The company's average rating score is 2.85, and is based on 17 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $298.95, FedEx has a forecasted upside of 27.9% from its current price of $233.81.
Amount of Analyst Coverage
FedEx has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.9 Community Rank

Outperform Votes
FedEx has received 1,528 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
FedEx has received 514 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
FedEx has received 74.83% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about FedEx and other stocks. Vote “Outperform” if you believe FDX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FDX will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
FedEx pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
FedEx has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of FedEx is 32.17%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, FedEx will have a dividend payout ratio of 18.41% next year. This indicates that FedEx will be able to sustain or increase its dividend.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FedEx insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $767,882.00 in company stock.
Percentage Held by Insiders
Only 8.16% of the stock of FedEx is held by insiders.
Percentage Held by Institutions
79.92% of the stock of FedEx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for FedEx are expected to grow by 7.58% in the coming year, from $23.23 to $24.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FedEx is 16.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of FedEx is 16.35, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 7.34.
Price to Earnings Growth Ratio
FedEx has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
FedEx has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About FedEx (NYSE:FDX)

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border e-commerce technology and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2021, this segment had approximately 29,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office function services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and an array of document and business services, and retail access to its customers for its package transportation businesses. The company was founded in 1971 and is based in Memphis, Tennessee.

June 28, 2022 | marketbeat.com

The Most Upgraded Stocks To Buy Before The 2nd Half Starts

A single upgrade is rarely enough to move a stock price very much but a series of upgrades often are. That’s why we like to screen for the most upgraded stocks and what we’ve found today is interesting.

June 27, 2022 | marketbeat.com

Range-Bound FedEx Is Moving Higher (FDX)

Shares of FedEx (NYSE: FDX) soared in the wake of the Q4 earnings and they look like they will move even higher but the gains will likely be capped at the all-time high. While the company’s guidance for fiscal 2023 is well above expectations the analysts are not so sure they can be reached.

June 27, 2022 | marketbeat.com

Range-Bound FedEx Is Moving Higher

June 29, 2022 | bizjournals.com

Washington Commanders appear to land Fanatics as sportsbook partner - Washington Business Journal - The Business Journals

June 29, 2022 | seekingalpha.com

FedEx falls after management update at investor event fails to dazzle - Seeking Alpha

June 29, 2022 | foxnews.com

Virginia FedEx worker busted for baffling murder of non-profit founder - Fox News

June 29, 2022 | benzinga.com

CNBC's Final Trades: Wynn Resorts, FedEx, General Mills And This Relatively Unknown Stock - Benzinga - Benzinga

June 29, 2022 | businesswire.com

FedEx Presents “Deliver Today, Innovate for Tomorrow” Strategy - Business Wire

June 29, 2022 | bloomberg.com

FedEx Predicts Profit Growth Under New CEO Subramaniam's Three-Year Plan - Bloomberg

June 29, 2022 | finance.yahoo.com

FedEx Presents "Deliver Today, Innovate for Tomorrow" Strategy

June 29, 2022 | americanbankingnews.com

Oppenheimer Comments on FedEx Co.'s Q1 2023 Earnings (NYSE:FDX)

June 28, 2022 | stocknews.com

June 28, 2022 | americanbankingnews.com

FedEx (NYSE:FDX) Updates FY23 Earnings Guidance

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Air courier services
Sub-Industry: Air Freight & Logistics
Sector: Transportation
Current Symbol: NYSE:FDX
CUSIP: 31428X10
CIK: 1048911
Web: www.fedex.com
Phone: (901) 818-7500
Fax: N/A
Employees: 289,000
Year Founded: 1971

Company Calendar

Ex-Dividend for 4/1 Dividend: 3/04/2022
Dividend Payable: 4/01/2022
Last Earnings: 6/23/2022
Ex-Dividend for 7/11 Dividend: 6/24/2022
Today: 6/29/2022
Dividend Payable: 7/11/2022
Next Earnings (Estimated): 9/20/2022
Fiscal Year End: 5/31/2023

Price Target and Rating

Average Stock Price Forecast: $298.95
High Stock Price Forecast: $339.00
Low Stock Price Forecast: $245.00
Forecasted Upside/Downside: +27.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.85
Research Coverage: 20 Analysts

Profitability

EPS (Most Recent Fiscal Year): $14.30
Trailing P/E Ratio: 16.35
Forward P/E Ratio: 10.07
P/E Growth: 0.87
Net Income: $3.83 billion
Net Margins: 4.09%
Pretax Margin: 5.24%
Return on Equity: 22.29%
Return on Assets: 6.54%

Debt

Debt-to-Equity Ratio: 0.81
Current Ratio: 1.43
Quick Ratio: 1.38

Sales & Book Value

Annual Sales: $93.51 billion
Price / Sales: 0.65
Cash Flow: $35.11 per share
Price / Cash Flow: 6.66
Book Value: $96.22 per share
Price / Book: 2.43

Miscellaneous

Outstanding Shares: 259,178,000
Free Float: 238,029,000
Market Cap: $60.60 billion
Optionable: Optionable
Beta: 1.31

Social Links

FedEx Frequently Asked Questions

Should I buy or sell FedEx stock right now?: 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FedEx in the last year. There are currently 3 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FedEx stock.
View analyst ratings for FedEx or view top-rated stocks.
What is FedEx's stock price forecast for 2022?: 20 Wall Street analysts have issued 12 month price targets for FedEx's stock. Their FDX stock forecasts range from $245.00 to $339.00. On average, they anticipate FedEx's share price to reach $298.95 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price.
View analysts' price targets for FedEx or view top-rated stocks among Wall Street analysts.
How has FedEx's stock price performed in 2022?: FedEx's stock was trading at $258.64 at the beginning of 2022. Since then, FDX shares have decreased by 9.6% and is now trading at $233.81.
View the best growth stocks for 2022 here.
Are investors shorting FedEx?: FedEx saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,210,000 shares, an increase of 26.0% from the April 30th total of 3,340,000 shares. Based on an average daily volume of 2,530,000 shares, the short-interest ratio is presently 1.7 days. Currently, 1.8% of the company's shares are sold short.
View FedEx's Short Interest.
When is FedEx's next earnings date?: FedEx is scheduled to release its next quarterly earnings announcement on Tuesday, September 20th 2022.
View our earnings forecast for FedEx.
How were FedEx's earnings last quarter?: FedEx Co. (NYSE:FDX) posted its quarterly earnings results on Thursday, June, 23rd. The shipping service provider reported $6.87 EPS for the quarter, topping the consensus estimate of $6.80 by $0.07. FedEx had a net margin of 4.09% and a trailing twelve-month return on equity of 22.29%. During the same period in the prior year, the business earned $5.01 EPS.
View FedEx's earnings history.
How often does FedEx pay dividends? What is the dividend yield for FedEx?: FedEx declared a quarterly dividend on Tuesday, June 14th. Stockholders of record on Monday, June 27th will be paid a dividend of $1.15 per share on Monday, July 11th. This represents a $4.60 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Friday, June 24th. This is a positive change from FedEx's previous quarterly dividend of $0.75.
View FedEx's dividend history.
Is FedEx a good dividend stock?: FedEx(NYSE:FDX) pays an annual dividend of $4.60 per share and currently has a dividend yield of 1.92%. FedEx has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of FedEx is 32.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FedEx will have a dividend payout ratio of 18.41% next year. This indicates that FedEx will be able to sustain or increase its dividend.
View FedEx's dividend history.
How will FedEx's stock buyback program work?: FedEx declared that its board has approved a share repurchase program on Thursday, December 16th 2021, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.
What guidance has FedEx issued on next quarter's earnings?: FedEx updated its FY 2023 earnings guidance on Thursday, June, 30th. The company provided earnings per share (EPS) guidance of $22.50-$24.50 for the period, compared to the consensus EPS estimate of $22.41. The company issued revenue guidance of -.

Who are FedEx's key executives?: FedEx's management team includes the following people:
Mr. Frederick W. Smith, Exec. Chairman & CEO (Age 78, Pay $5.54M) (LinkedIn Profile)
Mr. Rajesh Subramaniam, Pres & Director (Age 56, Pay $3.99M) (LinkedIn Profile)
Mr. Michael C. Lenz, Exec. VP & CFO (Age 58, Pay $2.51M)
Mr. Robert Barber Carter, Exec. VP of FedEx Information Services & Chief Information Officer (Age 62, Pay $3.22M)
Mr. Donald Francis Colleran, Pres & CEO of FedEx Express (Age 66, Pay $3.36M)
Ms. Jennifer L. Johnson, Corp. VP & Principal Accounting Officer (Age 49)
Mickey Foster, VP of Investor Relations
Mr. Mark R. Allen, Exec. VP, Gen. Counsel & Sec. (Age 66)
Ms. Brie A. Carere, Exec. VP and Chief Marketing & Communications Officer (Age 43) (LinkedIn Profile)
Mr. Herbert C. Nappier, Exec. VP of Treasurer, Tax & Corp. Devel.
What is Fred Smith's approval rating as FedEx's CEO?: 2,546 employees have rated FedEx CEO Fred Smith on Glassdoor.com. Fred Smith has an approval rating of 83% among FedEx's employees.
Who are some of FedEx's key competitors?: Some companies that are related to FedEx include United Parcel Service (UPS), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Hub Group (HUBG), Forward Air (FWRD), Air Transport Services Group (ATSG), Atlas Air Worldwide (AAWW), Rocket Lab USA (RKLB) and Park-Ohio (PKOH).
View all of FDX's competitors.
What other stocks do shareholders of FedEx own?: Based on aggregate information from My MarketBeat watchlists, some companies that other FedEx investors own include NVIDIA (NVDA), Alibaba Group (BABA), Boeing (BA), Walt Disney (DIS), Netflix (NFLX), Intel (INTC), Tesla (TSLA), Home Depot (HD), Johnson & Johnson (JNJ) and United Parcel Service (UPS).
What is FedEx's stock symbol?: FedEx trades on the New York Stock Exchange (NYSE) under the ticker symbol "FDX."
How do I buy shares of FedEx?: Shares of FDX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is FedEx's stock price today?: One share of FDX stock can currently be purchased for approximately $233.81.
How much money does FedEx make?: FedEx (NYSE:FDX) has a market capitalization of $60.60 billion and generates $93.51 billion in revenue each year. The shipping service provider earns $3.83 billion in net income (profit) each year or $14.30 on an earnings per share basis.
How many employees does FedEx have?: FedEx employs 289,000 workers across the globe.
Does FedEx have any subsidiaries?: The following companies are subsidiares of FedEx: A.C.N. 003 100 052 Pty Ltd, ANC Holdings, American Freightways, Bongo International, CALIBRE, Capital Returns Inc., Cargex, Controlled Opportunity and Risk Insurance Company, FCJI Inc., FedEx Acquisition B.V., FedEx Corporate Services Inc., FedEx Cross Border (UK), FedEx Cross Border Technologies Inc., FedEx Custom Critical Inc., FedEx Express Australia Pty. Ltd, FedEx Express BE BV, FedEx Express Belgium International BV, FedEx Express Belgium SRL, FedEx Express Chile SpA, FedEx Express FR SAS, FedEx Express Germany GmbH, FedEx Express Greece Single Member L.L.C., FedEx Express Holding Netherlands B.V., FedEx Express Hungary Kft., FedEx Express International B.V., FedEx Express International Holding Inc., FedEx Express Italy S.r.l., FedEx Express Netherlands B.V., FedEx Express Netherlands Holding Inc., FedEx Express New Zealand, FedEx Express Poland Sp. z.o.o., FedEx Express Servicios de Capital Humano S. de R.L. de C.V., FedEx Express South Africa (Pty) Ltd, FedEx Express Switzerland Sarl, FedEx Express Transportation & Supply Chain Services (India) Pvt. Ltd., FedEx Express UK Transportation Limited, FedEx Freight Canada Corp., FedEx Freight Corporation, FedEx Freight Inc., FedEx Ground Package System Inc., FedEx Ground Package System Ltd., FedEx Kinko’s International, FedEx Logistics Inc., FedEx Luxembourg S.à r.l., FedEx Office Canada Corporation, FedEx Office and Print Services Inc., FedEx SmartPost, FedEx Supply Chain Distribution System Inc., FedEx Supply Chain Holdings Inc., FedEx Trade Networks Trade Services LLC, FedEx Trade Networks Transport & Brokerage (Canada) Inc., FedEx Trade Networks Transport & Brokerage (Hong Kong) Limited, FedEx Trade Networks Transport & Brokerage Inc., FedEx Trade Networks Transport & Brokerage Private Limited, FedEx Transport System GmbH, FedEx UK Holdings Limited, FedEx UK Limited, FedEx de México S. de R.L. de C.V., Federal Express (China) Company Limited, Federal Express (Hong Kong) Limited, Federal Express (Singapore) Pte. Ltd., Federal Express Canada Corporation, Federal Express Corporation, Federal Express Europe Inc., Federal Express Holding US 3 LLC, Federal Express Holding US 6 LLC, Federal Express Holding US 7 LLC, Federal Express Holding US 8 LLC, Federal Express Holdings (Mexico) y Compania S.N.C. de C.V., Federal Express Holdings S.A. LLC, Federal Express International (France) SNC, Federal Express International Inc., Federal Express Japan G.K., Federal Express Korea LLC, Federal Express Leasing Corporation, Federal Express Pacific LLC, Fedex Brasil Logistica e Transporte Ltda., Flying Cargo, Flying Tiger Line, GD Insurance Company DAC, GENCO Infrastructure Solutions Inc., GENCO Marketplace Inc., Genco, Manton Air-Sea Pty Ltd., Northwest Research, Northwest Research Inc., Opek, Pafex - FedEx Express Services (India) Pvt. Ltd., Rapidao Cometa, Servicios Nacionales Mupa Sa De Cv, ShopRunner, Supaswift (Delivery and Logistics Businesses), TATEX, TNT (H.K.) Limited, TNT (UAE) LLC, TNT Danmark ApS, TNT Express, TNT Express (Ireland) Limited, TNT Express Beteiligungsgesellschaft mbH, TNT Express GmbH, TNT Express Holdings Germany GmbH, TNT Express ICS Limited, TNT Express Nederland B.V., TNT Express Road Network B.V., TNT Express Worldwide (China) Limited, TNT Express Worldwide (Euro Hub) SRL, TNT Express Worldwide (HK) Limited, TNT Express Worldwide (Japan) G.K., TNT Express Worldwide (M) Sdn Bhd, TNT Express Worldwide (Portugal) Transitarios Transportes e Servicos Complementares Unipessoal Lda, TNT Express Worldwide (Singapore) Private Limited, TNT Express Worldwide (Spain) S.L., TNT Express Worldwide Investments Limited, TNT Express Worldwide spol s.r.o, TNT Finance B.V., TNT GRS 2008 Limited, TNT Global Express S.R.L., TNT Grundstucksgesellschaft mbH & Co. KG, TNT Holdings (Deutschland) GmbH, TNT Holdings (UK) Limited, TNT Holdings B.V., TNT India Private Limited, TNT International Express Tasimacilik Ticaret Limited Sirketi, TNT Mercurio Cargas e Encomendas Expressas Ltda., TNT Nederland B.V., TNT Suomi Oy, TNT Sverige Aktiebolag, TNT Swiss Post GmbH, TNT Transport International B.V., TNT Transport Limited, TNT USA LLC, Tower Group International, Watkins Motor Lines, and World Tariff Limited.
Read More
When was FedEx founded?: FedEx was founded in 1971.
How can I contact FedEx?: FedEx's mailing address is 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN, 38120. The official website for FedEx is www.fedex.com. The shipping service provider can be reached via phone at (901) 818-7500 or via email at [email protected].

This page (NYSE:FDX) was last updated on 6/30/2022 by MarketBeat.com Staff

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FedEx Stock Forecast, Price & News

Receive FDX Stock News and Ratings via Email

FDX Stock Forecast (MarketRank)

Overall MarketRank™

4.4 Analyst's Opinion

4.9 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

2.5 Company Ownership

3.1 Earnings and Valuation

About FedEx (NYSE:FDX)

FDX Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

FedEx Frequently Asked Questions

Should I buy or sell FedEx stock right now?

What is FedEx's stock price forecast for 2022?

How has FedEx's stock price performed in 2022?

Are investors shorting FedEx?

When is FedEx's next earnings date?

How were FedEx's earnings last quarter?

How often does FedEx pay dividends? What is the dividend yield for FedEx?

Is FedEx a good dividend stock?

How will FedEx's stock buyback program work?

What guidance has FedEx issued on next quarter's earnings?

Who are FedEx's key executives?

What is Fred Smith's approval rating as FedEx's CEO?

Who are some of FedEx's key competitors?

What other stocks do shareholders of FedEx own?

What is FedEx's stock symbol?

How do I buy shares of FedEx?

What is FedEx's stock price today?

How much money does FedEx make?

How many employees does FedEx have?

Does FedEx have any subsidiaries?

When was FedEx founded?

How can I contact FedEx?

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