Stephens Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock

FedEx (NYSE:FDX) had its target price increased by Stephens from $260.00 to $330.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. The firm presently has an “overweight” rating on the shipping service provider’s stock. Stephens’ price target would indicate a potential upside of 16.29% from the stock’s current price.

Several other research analysts have also recently issued reports on the company. HSBC increased their price objective on FedEx from $230.00 to $235.00 in a research note on Friday, September 19th. Truist Financial set a $285.00 price objective on FedEx in a report on Tuesday, October 14th. Citigroup reissued a “buy” rating on shares of FedEx in a research report on Friday. Weiss Ratings restated a “hold (c+)” rating on shares of FedEx in a report on Monday. Finally, UBS Group increased their price objective on shares of FedEx from $293.00 to $314.00 and gave the company a “buy” rating in a research note on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $291.36.

FedEx Trading Down 1.2%

Shares of FDX opened at $283.78 on Friday. The company’s fifty day simple moving average is $261.06 and its 200-day simple moving average is $240.75. The company has a market cap of $66.96 billion, a P/E ratio of 16.41, a P/E/G ratio of 1.46 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. FedEx has a twelve month low of $194.29 and a twelve month high of $295.24.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. FedEx had a net margin of 4.65% and a return on equity of 16.33%. The company had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same period in the prior year, the company posted $4.05 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, analysts expect that FedEx will post 19.14 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after acquiring an additional 207 shares during the period. Candriam S.C.A. lifted its position in FedEx by 0.7% during the 1st quarter. Candriam S.C.A. now owns 21,173 shares of the shipping service provider’s stock worth $5,162,000 after acquiring an additional 140 shares during the period. CW Advisors LLC grew its stake in FedEx by 11.9% during the 1st quarter. CW Advisors LLC now owns 27,548 shares of the shipping service provider’s stock valued at $6,714,000 after purchasing an additional 2,923 shares during the last quarter. Norinchukin Bank The increased its holdings in shares of FedEx by 15.5% in the first quarter. Norinchukin Bank The now owns 12,662 shares of the shipping service provider’s stock valued at $3,087,000 after purchasing an additional 1,700 shares during the period. Finally, AlphaQuest LLC raised its stake in shares of FedEx by 260.6% in the first quarter. AlphaQuest LLC now owns 934 shares of the shipping service provider’s stock worth $228,000 after purchasing an additional 675 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

About FedEx

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.