FedEx (NYSE:FDX) Updates FY 2025 Earnings Guidance

FedEx (NYSE:FDX) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 20.000-22.000 for the period, compared to the consensus earnings per share estimate of 20.910. The company issued revenue guidance of -. FedEx also updated its FY25 guidance to $20.00-22.00 EPS.

Wall Street Analysts Forecast Growth

FDX has been the subject of several recent research reports. Oppenheimer reissued a market perform rating on shares of FedEx in a research report on Wednesday. Barclays increased their price target on shares of FedEx from $310.00 to $350.00 and gave the stock an overweight rating in a research report on Friday, March 22nd. Wells Fargo & Company increased their price target on shares of FedEx from $275.00 to $300.00 and gave the stock an equal weight rating in a research report on Wednesday. BNP Paribas reissued an underperform rating and issued a $250.00 price target on shares of FedEx in a research report on Wednesday, March 27th. Finally, Robert W. Baird increased their price target on shares of FedEx from $325.00 to $340.00 and gave the stock an outperform rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nineteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $314.00.

FedEx Trading Down 0.2 %

Shares of NYSE FDX opened at $295.47 on Friday. The company’s fifty day moving average is $256.80 and its 200-day moving average is $256.00. The stock has a market cap of $72.71 billion, a price-to-earnings ratio of 17.15, a P/E/G ratio of 1.06 and a beta of 1.16. FedEx has a twelve month low of $224.69 and a twelve month high of $296.86. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.73.

FedEx (NYSE:FDX) last announced its quarterly earnings results on Tuesday, June 25th. The shipping service provider reported $5.41 earnings per share for the quarter, topping analysts’ consensus estimates of $5.34 by $0.07. The company had revenue of $22.11 billion for the quarter, compared to analysts’ expectations of $22.04 billion. FedEx had a net margin of 4.94% and a return on equity of 16.70%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the firm posted $4.94 earnings per share. Equities research analysts predict that FedEx will post 20.53 EPS for the current year.

FedEx Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Monday, June 24th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.87%. This is a positive change from FedEx’s previous quarterly dividend of $1.26. The ex-dividend date of this dividend is Monday, June 24th. FedEx’s dividend payout ratio (DPR) is presently 32.04%.

FedEx announced that its Board of Directors has approved a share repurchase program on Thursday, March 21st that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the shipping service provider to purchase up to 7.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other FedEx news, CEO Richard W. Smith sold 1,325 shares of FedEx stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $278.24, for a total value of $368,668.00. Following the sale, the chief executive officer now directly owns 84,614 shares in the company, valued at approximately $23,542,999.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other FedEx news, Chairman Frederick W. Smith sold 113,400 shares of FedEx stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $274.30, for a total value of $31,105,620.00. Following the sale, the chairman now directly owns 14,505,844 shares in the company, valued at approximately $3,978,953,009.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard W. Smith sold 1,325 shares of FedEx stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $278.24, for a total transaction of $368,668.00. Following the completion of the sale, the chief executive officer now owns 84,614 shares in the company, valued at $23,542,999.36. The disclosure for this sale can be found here. Insiders have sold a total of 117,275 shares of company stock worth $32,177,298 over the last ninety days. Company insiders own 8.73% of the company’s stock.

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.