FedEx (NYSE:FDX – Get Free Report) was downgraded by analysts at StockNews.com from a “purchase” score to a “maintain” score in a analysis notice issued on Tuesday.
A number of different analysis analysts additionally not too long ago commented on the corporate. Loop Capital diminished their value goal on FedEx from $317.00 to $288.00 and set a “maintain” score for the corporate in a analysis notice on Monday, September twenty third. BMO Capital Markets diminished their goal value on shares of FedEx from $325.00 to $300.00 and set a “market carry out” score for the corporate in a analysis report on Friday, September twentieth. Evercore ISI lowered their value goal on shares of FedEx from $335.00 to $318.00 and set an “outperform” score on the inventory in a analysis report on Friday, September twentieth. Daiwa America downgraded shares of FedEx from a “average purchase” score to a “maintain” score in a report on Wednesday, September eleventh. Lastly, Citigroup initiated protection on FedEx in a report on Wednesday, October ninth. They set a “purchase” score and a $301.00 goal value on the inventory. Two equities analysis analysts have rated the inventory with a promote score, 9 have issued a maintain score and seventeen have given a purchase score to the inventory. In keeping with MarketBeat.com, the inventory at the moment has a consensus score of “Average Purchase” and a mean value goal of $314.17.
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FedEx Inventory Efficiency
FDX opened at $280.06 on Tuesday. The corporate has a market cap of $68.43 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 1.10 and a beta of 1.17. The agency’s fifty day easy transferring common is $275.86 and its two-hundred day easy transferring common is $275.26. The corporate has a fast ratio of 1.24, a present ratio of 1.28 and a debt-to-equity ratio of 0.72. FedEx has a 52-week low of $234.45 and a 52-week excessive of $313.84.
FedEx (NYSE:FDX – Get Free Report) final posted its quarterly earnings information on Thursday, September nineteenth. The transport service supplier reported $3.60 earnings per share (EPS) for the quarter, lacking the consensus estimate of $4.82 by ($1.22). FedEx had a return on fairness of 15.61% and a web margin of 4.62%. The agency had income of $21.58 billion in the course of the quarter, in comparison with analyst estimates of $21.87 billion. Throughout the identical quarter within the earlier 12 months, the agency posted $4.55 earnings per share. The corporate’s quarterly income was down .5% on a year-over-year foundation. Equities analysts anticipate that FedEx will submit 19.59 earnings per share for the present fiscal 12 months.
Institutional Buying and selling of FedEx
A number of institutional traders have not too long ago added to or diminished their stakes within the inventory. SeaCrest Wealth Administration LLC boosted its place in shares of FedEx by 0.6% in the course of the second quarter. SeaCrest Wealth Administration LLC now owns 5,615 shares of the transport service supplier’s inventory value $1,683,000 after shopping for an extra 34 shares in the course of the interval. LRI Investments LLC boosted its holdings in FedEx by 8.6% in the course of the 2nd quarter. LRI Investments LLC now owns 455 shares of the transport service supplier’s inventory valued at $137,000 after buying an extra 36 shares in the course of the interval. Ascent Wealth Companions LLC grew its place in FedEx by 0.5% within the 2nd quarter. Ascent Wealth Companions LLC now owns 7,690 shares of the transport service supplier’s inventory valued at $2,306,000 after buying an extra 36 shares within the final quarter. Detalus Advisors LLC elevated its stake in FedEx by 2.4% in the course of the second quarter. Detalus Advisors LLC now owns 1,602 shares of the transport service supplier’s inventory value $480,000 after buying an extra 37 shares in the course of the interval. Lastly, Sachetta LLC lifted its place in shares of FedEx by 29.1% in the course of the second quarter. Sachetta LLC now owns 164 shares of the transport service supplier’s inventory value $49,000 after buying an extra 37 shares within the final quarter. Institutional traders and hedge funds personal 84.47% of the corporate’s inventory.
About FedEx
FedEx Company offers transportation, e-commerce, and enterprise companies in the USA and internationally. It operates via FedEx Categorical, FedEx Floor, FedEx Freight, and FedEx Companies segments. The FedEx Categorical phase provides specific transportation, small-package floor supply, and freight transportation companies; and time-critical transportation companies.
Additional Studying
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