FedEx (NYSE:FDX) Updates FY25 Earnings Guidance

FedEx (NYSE:FDX) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $20.00-21.00 for the period, compared to the consensus earnings per share estimate of $20.74. The company issued revenue guidance of low single-digit growth, compared to the consensus revenue estimate of $89.69 billion. FedEx also updated its FY 2025 guidance to 20.000-21.000 EPS.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FDX. HSBC lowered shares of FedEx from a buy rating to a hold rating and set a $300.00 price target on the stock. in a research note on Friday. StockNews.com cut shares of FedEx from a buy rating to a hold rating in a research report on Friday. UBS Group dropped their price target on FedEx from $333.00 to $311.00 and set a buy rating on the stock in a research note on Friday. TD Cowen reduced their price objective on FedEx from $334.00 to $328.00 and set a buy rating for the company in a research report on Friday. Finally, Bernstein Bank upped their price target on FedEx from $305.00 to $337.00 and gave the stock an overweight rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of $312.84.

FedEx Stock Down 15.2 %

FDX opened at $254.63 on Friday. The stock’s fifty day simple moving average is $292.43 and its 200 day simple moving average is $274.85. FedEx has a 1-year low of $224.69 and a 1-year high of $313.84. The stock has a market cap of $62.66 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 1.03 and a beta of 1.17. The company has a current ratio of 1.36, a quick ratio of 1.32 and a debt-to-equity ratio of 0.73.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, September 19th. The shipping service provider reported $3.60 EPS for the quarter, missing the consensus estimate of $4.82 by ($1.22). The firm had revenue of $21.58 billion during the quarter, compared to analyst estimates of $21.87 billion. FedEx had a net margin of 4.94% and a return on equity of 16.70%. FedEx’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the previous year, the company posted $4.55 EPS. As a group, research analysts expect that FedEx will post 20.82 earnings per share for the current year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 9th will be given a $1.38 dividend. The ex-dividend date of this dividend is Monday, September 9th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.17%. FedEx’s payout ratio is presently 32.04%.

Insider Buying and Selling

In related news, EVP Brie Carere sold 1,958 shares of the stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $310.43, for a total transaction of $607,821.94. Following the sale, the executive vice president now owns 19,937 shares of the company’s stock, valued at $6,189,042.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO Sriram Krishnasamy sold 8,421 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $310.14, for a total value of $2,611,688.94. Following the sale, the chief executive officer now directly owns 12,246 shares of the company’s stock, valued at $3,797,974.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brie Carere sold 1,958 shares of the stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $310.43, for a total transaction of $607,821.94. Following the completion of the transaction, the executive vice president now directly owns 19,937 shares of the company’s stock, valued at approximately $6,189,042.91. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,944 shares of company stock valued at $9,882,355. 8.73% of the stock is owned by company insiders.

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.