FedEx (NYSE:FDX) Releases FY25 Earnings Guidance

FedEx (NYSE:FDX) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $18.00-18.60 for the period, compared to the consensus estimate of $18.93. The company issued revenue guidance of flat to slightly down yr/yr, compared to the consensus revenue estimate of $87.59 billion. FedEx also updated its FY 2025 guidance to 18.000-18.600 EPS.

FedEx Price Performance

Shares of NYSE:FDX opened at $230.25 on Friday. The company has a market cap of $55.46 billion, a P/E ratio of 14.68, a P/E/G ratio of 1.11 and a beta of 1.23. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 0.73. FedEx has a 52 week low of $217.22 and a 52 week high of $313.84. The business has a fifty day simple moving average of $259.95 and a 200-day simple moving average of $272.64.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Thursday, March 20th. The shipping service provider reported $4.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.56 by ($0.05). FedEx had a net margin of 4.45% and a return on equity of 15.59%. The firm had revenue of $22.16 billion for the quarter, compared to analysts’ expectations of $21.96 billion. During the same period last year, the firm posted $3.86 EPS. FedEx’s revenue was up 1.9% on a year-over-year basis. Equities research analysts forecast that FedEx will post 19.14 EPS for the current year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th will be given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Monday, March 10th. FedEx’s payout ratio is 35.18%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on FDX. Stephens cut their price target on FedEx from $320.00 to $300.00 and set an “overweight” rating on the stock in a research note on Friday. Deutsche Bank Aktiengesellschaft initiated coverage on FedEx in a research note on Friday, March 7th. They set a “buy” rating and a $337.00 price objective on the stock. BMO Capital Markets decreased their target price on FedEx from $330.00 to $275.00 and set a “market perform” rating for the company in a research report on Friday. Bank of America dropped their price target on FedEx from $295.00 to $272.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Truist Financial started coverage on shares of FedEx in a research note on Thursday, March 13th. They set a “buy” rating and a $305.00 target price for the company. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $301.60.

Insider Transactions at FedEx

In other FedEx news, Director Susan C. Schwab sold 3,980 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $276.45, for a total value of $1,100,271.00. Following the transaction, the director now directly owns 8,904 shares of the company’s stock, valued at approximately $2,461,510.80. This trade represents a 30.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amy B. Lane acquired 333 shares of the company’s stock in a transaction on Thursday, December 26th. The stock was acquired at an average cost of $276.06 per share, for a total transaction of $91,927.98. Following the completion of the purchase, the director now directly owns 333 shares of the company’s stock, valued at approximately $91,927.98. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 8.87% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FedEx

A hedge fund recently raised its stake in FedEx stock. Brighton Jones LLC raised its holdings in FedEx Co. (NYSE:FDX) by 12.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,825 shares of the shipping service provider’s stock after purchasing an additional 207 shares during the period. Brighton Jones LLC’s holdings in FedEx were worth $514,000 at the end of the most recent reporting period. Institutional investors own 84.47% of the company’s stock.

About FedEx

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.