FedEx (NYSE:FDX) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

FedEx (NYSE:FDX) had its price target raised by investment analysts at Deutsche Bank Aktiengesellschaft from $276.00 to $322.00 in a report released on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the shipping service provider’s stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 13.89% from the stock’s previous close.

A number of other brokerages have also recently weighed in on FDX. Truist Financial set a $285.00 price target on FedEx in a research report on Tuesday, October 14th. Wolfe Research increased their price objective on shares of FedEx from $298.00 to $322.00 and gave the stock an “outperform” rating in a report on Monday, December 8th. UBS Group lifted their target price on FedEx from $293.00 to $314.00 and gave the company a “buy” rating in a report on Friday, September 19th. HSBC raised their target price on shares of FedEx from $230.00 to $235.00 in a research note on Friday, September 19th. Finally, Daiwa Capital Markets upped their price target on FedEx from $232.00 to $240.00 and gave the stock a “neutral” rating in a report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, FedEx has a consensus rating of “Moderate Buy” and a consensus price target of $285.67.

FedEx Price Performance

Shares of NYSE:FDX opened at $282.74 on Wednesday. FedEx has a 12 month low of $194.29 and a 12 month high of $295.24. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.25 and a quick ratio of 1.21. The firm has a market capitalization of $66.71 billion, a P/E ratio of 16.52, a P/E/G ratio of 1.45 and a beta of 1.32. The company’s fifty day moving average price is $259.20 and its 200 day moving average price is $240.12.

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

Institutional Trading of FedEx

Several hedge funds have recently bought and sold shares of FDX. Grey Fox Wealth Advisors LLC acquired a new stake in shares of FedEx in the third quarter valued at approximately $27,000. NewSquare Capital LLC boosted its position in shares of FedEx by 121.8% during the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after buying an additional 67 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in FedEx in the 2nd quarter worth approximately $28,000. Wealth Watch Advisors INC acquired a new stake in FedEx in the 3rd quarter valued at approximately $28,000. Finally, Ameriflex Group Inc. raised its stake in FedEx by 103.3% during the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after acquiring an additional 63 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

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.