FedEx (NYSE:FDX) Updates FY25 Earnings Guidance

FedEx (NYSE:FDX) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $19.00-20.00 for the period, compared to the consensus earnings per share estimate of $19.44. The company issued revenue guidance of approx flat, compared to the consensus revenue estimate of $88.43 billion. FedEx also updated its FY 2025 guidance to 19.000-20.000 EPS.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Evercore ISI cut their target price on shares of FedEx from $335.00 to $318.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Sanford C. Bernstein lowered FedEx from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $337.00 to $316.00 in a research note on Tuesday, December 3rd. Hsbc Global Res cut FedEx from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 20th. Wells Fargo & Company boosted their target price on FedEx from $305.00 to $320.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, StockNews.com raised FedEx from a “hold” rating to a “buy” rating in a report on Friday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nineteen have given a buy rating to the company. According to data from MarketBeat.com, FedEx presently has an average rating of “Moderate Buy” and an average price target of $324.88.

FedEx Stock Performance

NYSE FDX opened at $275.73 on Friday. FedEx has a 1 year low of $234.45 and a 1 year high of $313.84. The firm has a market capitalization of $67.37 billion, a price-to-earnings ratio of 17.01, a P/E/G ratio of 1.17 and a beta of 1.18. The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 0.72. The firm’s 50 day simple moving average is $282.71 and its 200 day simple moving average is $281.85.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Thursday, December 19th. The shipping service provider reported $4.05 earnings per share for the quarter, topping the consensus estimate of $3.88 by $0.17. The business had revenue of $22 billion during the quarter, compared to the consensus estimate of $22.14 billion. FedEx had a return on equity of 15.61% and a net margin of 4.62%. FedEx’s revenue for the quarter was down .7% on a year-over-year basis. During the same period in the prior year, the company earned $3.99 EPS. As a group, research analysts expect that FedEx will post 19.59 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Monday, December 9th will be paid a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.00%. The ex-dividend date is Monday, December 9th. FedEx’s payout ratio is 34.05%.

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.