With 1.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.69 million shares. During the session, the Integrated Freight & Logistics company that operates in wider Industrials sector, reached to the highest price of $302.375 whereas the lowest price it dropped to was $296.05. The 52-week range on FDX shows that it touched its highest point at $313.84 and its lowest point at $234.45 during that stretch. It currently has a 1-year price target of $314.00. With its current market cap of 74.48 billion, FDX has annualized dividend of $5.28 while the current yield stands at 1.76%. FDX paid its most recent dividend on 1725840000, while the ex-dividend date for that was 1733702400. Beta for the stock currently stands at 1.18.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FDX was up-trending over the past week, with a rise of 1.87%, but this was up by 9.93% over a month. Three-month performance surged to 0.92% while six-month performance rose 21.16%. The stock gained 16.97% in the past year, while it has gained 18.58% so far this year. A look at the trailing 12-month EPS for FDX yields 16.21 with Next year EPS estimates of 23.07. For the next quarter, that number is 4.09. This implies an EPS growth rate of 10.93% for this year and 16.82% for next year. EPS is expected to grow by 13.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 53.32%.
Float and Shares Shorts:
At present, 244.30 million FDX shares are outstanding with a float of 223.59 million shares on hand for trading. On 2024-10-31, short shares totaled 4.16 million, which was 170.00000000000003 higher than short shares on 1727654400. In addition to Mr. Frederick W. Smith as the firm’s Founder & Executive Chairman, Mr. Rajesh Subramaniam serves as its President, CEO & Director.
Institutional Ownership:
Through their ownership of 0.79407996 of FDX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2021-08-31, FDX reported revenue of $21579000000.0 and operating income of $1208000000.0. The EBITDA in the recently reported quarter was $2414000000.0 and diluted EPS was $3.21.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FDX since 25 analysts follow the stock currently. There are 20 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FDX analysts setting a high price target of 365.0 and a low target of 200.0, the average target price over the next 12 months is 310.11896. Based on these targets, FDX could surge 21.68% to reach the target high and fall by -33.33% to reach the target low. Reaching the average price target will result in a growth of 3.38% from current levels.
Analysts have provided yearly estimates in a range of $17.91188 being high and $17.53163 being low. For FDX, this leads to a yearly average estimate of $17.77179. The surprise factor in the prior quarter was $5.37. Based on analyst estimates, the high estimate for the next quarter is $5.89 and the low estimate is $4.45. The average estimate for the next quarter is thus $4.99.
