FedEx (NYSE:FDX) Given New $410.00 Price Target at BMO Capital Markets

FedEx (NYSE:FDX) had its price target lifted by BMO Capital Markets from $400.00 to $410.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a market perform rating on the shipping service provider’s stock.

A number of other equities research analysts have also issued reports on the stock. Wall Street Zen lowered shares of FedEx from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 14th. Morgan Stanley lifted their price objective on shares of FedEx from $220.00 to $230.00 and gave the stock an “underweight” rating in a research report on Friday. Bank of America boosted their target price on shares of FedEx from $431.00 to $440.00 and gave the company a “buy” rating in a research note on Friday. Oppenheimer restated a “market perform” rating on shares of FedEx in a report on Friday, December 19th. Finally, JPMorgan Chase & Co. raised their target price on FedEx from $294.00 to $424.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $393.85.

FedEx Trading Up 0.7%

NYSE:FDX opened at $358.44 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. FedEx has a 1-year low of $194.29 and a 1-year high of $392.86. The firm has a market capitalization of $84.28 billion, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 1.69 and a beta of 1.29. The stock has a fifty day simple moving average of $351.21 and a 200 day simple moving average of $290.82.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 17.03% and a net margin of 4.88%.The firm had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. During the same quarter in the previous year, the company earned $4.51 EPS. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. Sell-side analysts forecast that FedEx will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, March 9th. FedEx’s dividend payout ratio (DPR) is currently 30.87%.

Institutional Investors Weigh In On FedEx

Several large investors have recently bought and sold shares of FDX. Grey Fox Wealth Advisors LLC bought a new position in shares of FedEx during the third quarter worth $27,000. EFG International AG bought a new stake in shares of FedEx in the 4th quarter valued at $27,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of FedEx in the 2nd quarter valued at $28,000. Wealth Watch Advisors INC acquired a new stake in FedEx during the 3rd quarter worth $28,000. Finally, Ameriflex Group Inc. lifted its holdings in FedEx by 103.3% during the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after acquiring an additional 63 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

About FedEx

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.