FedEx (NYSE:FDX) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

FedEx (NYSE:FDX) had its target price boosted by investment analysts at Jefferies Financial Group from $280.00 to $315.00 in a note issued to investors on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the shipping service provider’s stock. Jefferies Financial Group’s target price points to a potential upside of 10.36% from the stock’s previous close.

FDX has been the topic of several other research reports. The Goldman Sachs Group upped their price objective on shares of FedEx from $280.00 to $301.00 and gave the company a “buy” rating in a research note on Thursday. Vertical Research dropped their price target on shares of FedEx from $280.00 to $275.00 in a research note on Friday, September 19th. Susquehanna increased their price objective on FedEx from $300.00 to $345.00 and gave the stock a “positive” rating in a report on Thursday, December 4th. TD Cowen boosted their target price on FedEx from $269.00 to $271.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of FedEx in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, FedEx presently has a consensus rating of “Moderate Buy” and an average price target of $284.29.

FedEx Stock Up 0.4%

Shares of FedEx stock opened at $285.42 on Thursday. FedEx has a 1 year low of $194.29 and a 1 year high of $295.24. The company has a market cap of $67.35 billion, a P/E ratio of 16.65, a P/E/G ratio of 1.42 and a beta of 1.32. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73. The stock has a 50-day moving average price of $256.06 and a 200 day moving average price of $238.15.

FedEx (NYSE:FDX) last released its earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share for the quarter, beating the consensus estimate of $3.71 by $0.12. The company had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.60 EPS. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. As a group, analysts expect that FedEx will post 19.14 EPS for the current fiscal year.

Hedge Funds Weigh In On FedEx

A number of institutional investors have recently modified their holdings of the company. Valeo Financial Advisors LLC boosted its holdings in shares of FedEx by 28,080.9% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock worth $850,948,000 after buying an additional 3,730,273 shares during the period. Vanguard Group Inc. lifted its position in FedEx by 13.2% during the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after acquiring an additional 2,741,723 shares during the last quarter. Norges Bank acquired a new position in FedEx during the 2nd quarter worth $605,497,000. Boston Partners bought a new stake in FedEx during the third quarter valued at about $468,195,000. Finally, Dodge & Cox grew its position in shares of FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after purchasing an additional 1,742,666 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.

FedEx Company Profile

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.