FedEx (NYSE:FDX) Releases FY 2025 Earnings Guidance

FedEx (NYSE:FDXGet Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 20.000-22.000 for the period, compared to the consensus estimate of 20.910. The company issued revenue guidance of -. FedEx also updated its FY25 guidance to $20.00-22.00 EPS.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on FDX shares. The Goldman Sachs Group increased their target price on FedEx from $291.00 to $324.00 and gave the stock a buy rating in a report on Friday, March 22nd. Oppenheimer reiterated a market perform rating on shares of FedEx in a research report on Friday, March 22nd. Morgan Stanley lifted their price target on shares of FedEx from $195.00 to $210.00 and gave the stock an equal weight rating in a report on Friday, March 22nd. Stifel Nicolaus reduced their target price on FedEx from $306.00 to $303.00 and set a buy rating on the stock in a report on Wednesday, April 3rd. Finally, UBS Group lowered their target price on shares of FedEx from $340.00 to $333.00 and set a buy rating for the company in a research note on Tuesday, May 21st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of $303.88.

Check Out Our Latest Stock Analysis on FedEx

FedEx Trading Down 0.1 %

NYSE:FDX traded down $0.13 during mid-day trading on Tuesday, hitting $256.38. 5,320,872 shares of the stock traded hands, compared to its average volume of 1,832,912. The company has a quick ratio of 1.26, a current ratio of 1.31 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $63.09 billion, a price-to-earnings ratio of 14.78, a PEG ratio of 0.92 and a beta of 1.16. FedEx has a 52 week low of $224.69 and a 52 week high of $291.27. The firm’s 50 day moving average is $256.30 and its two-hundred day moving average is $255.83.

FedEx (NYSE:FDXGet Free Report) last issued its quarterly earnings results on Tuesday, June 25th. The shipping service provider reported $5.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.34 by $0.07. FedEx had a return on equity of 16.60% and a net margin of 5.02%. The firm had revenue of $22.11 billion during the quarter, compared to analyst estimates of $22.04 billion. During the same period last year, the company earned $4.94 EPS. FedEx’s quarterly revenue was up .8% compared to the same quarter last year. On average, equities research analysts predict that FedEx will post 17.76 earnings per share for the current year.

FedEx Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Monday, June 24th will be issued a dividend of $1.38 per share. This is a positive change from FedEx’s previous quarterly dividend of $1.26. The ex-dividend date of this dividend is Monday, June 24th. This represents a $5.52 dividend on an annualized basis and a yield of 2.15%. FedEx’s dividend payout ratio (DPR) is presently 29.07%.

FedEx declared that its Board of Directors has approved a share buyback program on Thursday, March 21st that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the shipping service provider to repurchase up to 7.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its stock is undervalued.

Insider Activity

In other FedEx news, EVP Tracy B. Brightman sold 2,550 shares of FedEx stock in a transaction on Monday, April 8th. The stock was sold at an average price of $275.69, for a total transaction of $703,009.50. Following the completion of the sale, the executive vice president now directly owns 6,294 shares of the company’s stock, valued at approximately $1,735,192.86. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, EVP Tracy B. Brightman sold 2,550 shares of the company’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $275.69, for a total transaction of $703,009.50. Following the transaction, the executive vice president now owns 6,294 shares in the company, valued at $1,735,192.86. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Sriram Krishnasamy sold 354 shares of FedEx stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $289.19, for a total transaction of $102,373.26. Following the completion of the sale, the chief executive officer now owns 11,147 shares of the company’s stock, valued at $3,223,600.93. The disclosure for this sale can be found here. Over the last quarter, insiders sold 133,919 shares of company stock valued at $36,964,009. Corporate insiders own 8.73% of the company’s stock.

About FedEx

(Get Free Report)

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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Earnings History and Estimates for FedEx (NYSE:FDX)

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