At the time of writing, Fedex Corp [FDX] stock is trading at $275.06, down -1.29%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FDX shares have gain 1.71% over the last week, with a monthly amount drifted -1.29%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fedex Corp [NYSE: FDX] stock has seen the most recent analyst activity on December 20, 2024, when TD Cowen upgraded its rating to a Buy and also boosted its price target to $337 from $328. Previously, Loop Capital upgraded its rating to Buy on December 20, 2024, and elevated its price target to $365. On December 20, 2024, TD Cowen reiterated its Buy rating and revised its price target to $337 on the stock. Bernstein downgraded its rating to a Mkt Perform and decreased its price target to $316 on December 03, 2024. Citigroup initiated its recommendation with a Buy and recommended $301 as its price target on October 09, 2024. TD Cowen reiterated a Buy rating for this stock on September 20, 2024, and downed its price target to $328. In a note dated September 20, 2024, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $215 to $200.
For the past year, the stock price of Fedex Corp fluctuated between $234.45 and $313.84. Currently, Wall Street analysts expect the stock to reach $311.62 within the next 12 months. Fedex Corp [NYSE: FDX] shares were valued at $275.06 at the most recent close of the market. An investor can expect a potential return of 13.29% based on the average FDX price forecast.
Analyzing the FDX fundamentals
According to Fedex Corp [NYSE:FDX], the company’s sales were 87.39B for trailing twelve months, which represents an -0.89% plunge. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 273.59 points at the first support level, and at 272.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 277.96, and for the 2nd resistance point, it is at 280.85.
Ratios To Look Out For
It is important to note that Fedex Corp [NYSE:FDX] has a current ratio of 1.23. In addition, the Quick Ratio stands at 1.19. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 2.50 and price to earnings (TTM) ratio is 17.53.
Transactions by insiders
Recent insider trading involved SCHWAB SUSAN C, Director, that happened on Jan 14 ’25 when 3980.0 shares were sold. Director, SCHWAB SUSAN C completed a deal on Jan 14 ’25 to buy 3980.0 shares. Meanwhile, COO INTL – CEO Airline FEC Smith Richard W sold 2576.0 shares on Jan 07 ’25.
