FedEx (NYSE:FDX – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 20.000-21.000 for the period, compared to the consensus EPS estimate of 20.710. The company issued revenue guidance of -. FedEx also updated its FY25 guidance to $20.00-21.00 EPS.
Wall Street Analyst Weigh In
FDX has been the topic of a number of research reports. Bernstein Bank raised their target price on shares of FedEx from $305.00 to $337.00 and gave the company an overweight rating in a research report on Friday. StockNews.com lowered shares of FedEx from a buy rating to a hold rating in a report on Friday. Hsbc Global Res cut FedEx from a strong-buy rating to a hold rating in a research report on Friday. Robert W. Baird reduced their price target on FedEx from $340.00 to $320.00 and set an outperform rating for the company in a research report on Friday. Finally, Susquehanna dropped their price objective on FedEx from $345.00 to $330.00 and set a positive rating on the stock in a research report on Friday. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat, FedEx currently has a consensus rating of Moderate Buy and an average target price of $312.84.
View Our Latest Analysis on FedEx
FedEx Price Performance
FedEx (NYSE:FDX – Get Free Report) last released its quarterly earnings data on Thursday, September 19th. The shipping service provider reported $3.60 earnings per share for the quarter, missing analysts’ consensus estimates of $4.82 by ($1.22). FedEx had a return on equity of 16.70% and a net margin of 4.94%. The business had revenue of $21.58 billion during the quarter, compared to analyst estimates of $21.87 billion. During the same quarter in the previous year, the company earned $4.55 EPS. The firm’s revenue was down .5% compared to the same quarter last year. On average, sell-side analysts forecast that FedEx will post 20.82 EPS for the current year.
FedEx Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 9th will be paid a $1.38 dividend. The ex-dividend date 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 32.04%.
Insider Activity at FedEx
In other FedEx news, EVP Robert B. Carter sold 16,010 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $294.48, for a total value of $4,714,624.80. Following the sale, the executive vice president now owns 59,884 shares in the company, valued at approximately $17,634,640.32. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, EVP Robert B. Carter sold 16,010 shares of the stock in a transaction dated Friday, June 28th. The shares were sold at an average price of $294.48, for a total transaction of $4,714,624.80. Following the sale, the executive vice president now directly owns 59,884 shares of the company’s stock, valued at approximately $17,634,640.32. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Guy M. Erwin II sold 116 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $299.24, for a total value of $34,711.84. Following the sale, the chief accounting officer now owns 930 shares in the company, valued at $278,293.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,944 shares of company stock worth $9,882,355. 8.73% of the stock is owned by corporate insiders.
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.
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