What are analysts saying about FedEx stock?
Based on analysts offering 12 month price targets for FDX in the last 3 months. The average price target is $297.55 with a high estimate of $360 and a low estimate of $195.
What is the analyst forecast for FedEx?
FDX Stock 12 Months Forecast
Based on 23 Wall Street analysts offering 12 month price targets for FedEx in the last 3 months. The average price target is $298.82 with a high forecast of $360.00 and a low forecast of $205.00. The average price target represents a 22.74% change from the last price of $243.46.
What will FedEx stock be worth in 5 years?
FedEx stock price stood at $246.60
According to the latest long-term forecast, FedEx price will hit $250 by the middle of 2024 and then $300 by the middle of 2026. FedEx will rise to $350 within the year of 2027, $400 in 2028, $450 in 2029, $500 in 2031 and $600 in 2035.
What is the advice on FedEx stock?
According to the issued ratings of 25 analysts in the last year, the consensus rating for FedEx stock is Moderate Buy based on the current 6 hold ratings and 19 buy ratings for FDX. The average twelve-month price prediction for FedEx is $289.93 with a high price target of $334.00 and a low price target of $205.00.
Which is a better stock to buy FedEx or UPS?
Using their price targets, FDX offers more upside. Most Wall Street analysts currently have UPS a hold while others rate it a strong buy. This is the opposite for FDX. Most analysts rate it a strong buy while others rate it a hold.
Should I invest in FedEx right now?
Is FedEx stock a Buy, Sell or Hold? FedEx stock has received a consensus rating of buy. The average rating score is and is based on 67 buy ratings, 33 hold ratings, and 0 sell ratings.
Is it a good time to invest in FedEx?
FedEx's P/E (Price to Earnings) ratio is 14 times its 2024 EPS estimates. This valuation places it on the higher end of its P/E range, which has fluctuated between 10 and 15 over the last two and a half years. However, this valuation remains attractive given the company's promising growth forecast of 16% annually.
Is FedEx a buy sell or hold?
FedEx has received a consensus rating of Moderate Buy. The company's average rating score is 2.76, and is based on 19 buy ratings, 6 hold ratings, and no sell ratings.
Is FedEx a good long term stock?
For fiscal 2024, 12 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.84 to $18.14 per share. FDX boasts an average earnings surprise of 16.9%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, FDX should be on investors' short list.
What is the highest FedEx stock has ever been?
The all-time high FedEx stock closing price was 300.33 on May 27, 2021. The FedEx 52-week high stock price is 285.53, which is 14.7% above the current share price. The FedEx 52-week low stock price is 190.83, which is 23.4% below the current share price. The average FedEx stock price for the last 52 weeks is 244.27.
Why is FedEx stock dropping so much?
FedEx warned of slowing demand because of "volatile macroeconomic conditions," and shares sank. The package delivery giant missed earnings and revenue estimates on a drop in volume, lower fuel surcharges, reduced demand surcharges, and a shift toward less profitable services.
What problems is FedEx facing?
A significant challenge for FedEx and UPS in 2023 was the escalation of labor costs. The tightening labor market, increased competition for skilled workers, and growing wage pressures contributed to rising labor expenses for both carriers.
Who owns most of FedEx shares?
Who owns Fedex? Fedex (NYSE: FDX) is owned by 78.44% institutional shareholders, 8.97% Fedex insiders, and 12.59% retail investors. Frederick W. Smith is the largest individual Fedex shareholder, owning 20.12M shares representing 8.05% of the company.
Who profits more UPS or FedEx?
UPS' revenue is 1.08 times what FDX generates. Moreover, UPS is more profitable, with an EBITDA margin and net income margin of 16.91% and 11.51%, compared to FDX's 9.84% and 3.23%, respectively. Also, UPS' levered FCF margin of 8.16% is considerably higher than FDX's 0.63%.
Why is FedEx so much cheaper than UPS?
FedEx handles most of the shipment transport via jet, then hands off the last mile delivery to USPS for final delivery. This helps FedEx to reduce costs and accelerate delivery times for domestic shipping.
Why is UPS so much better than FedEx?
UPS leads FedEx in ground transportation services, with more trucks and faster average delivery times. The company reports that 90% of UPS Ground shipments arrive within three days. FedEx states its ground delivery times range from one to five business days, with longer times to Alaska and Hawaii.
Is FedEx expected to grow?
FedEx is forecast to grow earnings and revenue by 11.2% and 4% per annum respectively. EPS is expected to grow by 14.1% per annum. Return on equity is forecast to be 17.3% in 3 years.
Is FedEx stock undervalued?
To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of US$281, the company appears a touch undervalued at a 26% discount to where the stock price trades currently.
Why is FedEx so expensive right now?
FedEx Freight shipping rates will increase by between 5.9% and 6.9% depending on how expensive it is for FedEx to ship the freight. FedEx says it is making the changes to "reflect incremental costs associated with the current operating environment."
How often does FedEx pay dividends?
FedEx Corporation's ( FDX ) ex-dividend date is March 8, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. FedEx Corporation ( FDX ) pays dividends on a quarterly basis. The next dividend payment is planned on April 1, 2024 .
Can I make money with FedEx?
Taking all these into account, the average annual profit for a FedEx route has been reported at between $30,000 – $40,000. While it might not seem like you're on your way to becoming a millionaire, there are things you can do to grow your revenue and expand your business.
Do FedEx employees get stock?
An incentive stock option is a right or option granted by FedEx to its employees to purchase company shares at a certain price for a specified period of time, notwithstanding an increase in the value of the stock after the option is granted.
Should I sell or hold on to my stock?
Knowing whether to hold onto a stock or sell it can be a challenging decision. There is no universal, one-size-fits-all strategy for selling a stock. Instead, it's up to the individual investor's investment strategy based on many factors, including their risk tolerance, time horizon, and financial goals.
Is it better to buy and sell or hold?
A new study provides fresh evidence of why it makes sense to strive for an absolutely middling return. And the study implies that a simple, unspectacular strategy — buying and holding the entire market through low-cost index funds — is probably the best bet for most people.
Is UPS a buy sell or hold?
United Parcel Service stock has received a consensus rating of hold. The average rating score is and is based on 33 buy ratings, 40 hold ratings, and 4 sell ratings. What was the 52-week low for United Parcel Service stock? The low in the last 52 weeks of United Parcel Service stock was 133.68.
