FedEx (NYSE:FDX) Releases FY25 Earnings Guidance

FedEx (NYSE:FDX) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $20.00-21.00 for the period, compared to the consensus EPS estimate of $20.74. The company issued revenue guidance of low single-digit growth, compared to the consensus revenue estimate of $89.69 billion. FedEx also updated its FY 2025 guidance to 20.000-21.000 EPS.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Morgan Stanley lowered shares of FedEx from an equal weight rating to an underweight rating and decreased their price target for the stock from $215.00 to $200.00 in a research note on Friday. HSBC lowered shares of FedEx from a buy rating to a hold rating and set a $300.00 target price for the company. in a report on Friday. Robert W. Baird cut their price target on FedEx from $340.00 to $320.00 and set an outperform rating on the stock in a research note on Friday. StockNews.com lowered FedEx from a buy rating to a hold rating in a research report on Friday. Finally, Evercore ISI dropped their target price on FedEx from $335.00 to $318.00 and set an outperform rating on the stock in a report on Friday. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seventeen have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus target price of $313.38.

FedEx Stock Down 15.2 %

FDX opened at $254.64 on Friday. The stock has a market cap of $62.66 billion, a price-to-earnings ratio of 14.78, a price-to-earnings-growth ratio of 1.03 and a beta of 1.17. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.32 and a current ratio of 1.36. The firm’s fifty day moving average is $292.43 and its 200 day moving average is $275.04. FedEx has a fifty-two week low of $224.69 and a fifty-two week high of $313.84.

FedEx (NYSE:FDX) last issued its earnings results on Thursday, September 19th. The shipping service provider reported $3.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.82 by ($1.22). FedEx had a net margin of 4.94% and a return on equity of 16.70%. The business had revenue of $21.58 billion for the quarter, compared to the consensus estimate of $21.87 billion. During the same period last year, the business posted $4.55 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. On average, sell-side analysts forecast that FedEx will post 20.82 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 9th will be given a dividend of $1.38 per share. 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 dividend payout ratio is 32.04%.

Insider Buying and Selling at FedEx

In other FedEx news, EVP Brie Carere sold 1,958 shares of the stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $310.43, for a total transaction of $607,821.94. Following the completion of the transaction, the executive vice president now owns 19,937 shares of the company’s stock, valued at approximately $6,189,042.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other FedEx news, CEO Sriram Krishnasamy sold 8,421 shares of the business’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $310.14, for a total transaction of $2,611,688.94. Following the completion of the transaction, the chief executive officer now owns 12,246 shares in the company, valued at $3,797,974.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Brie Carere sold 1,958 shares of the stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $310.43, for a total value of $607,821.94. Following the completion of the sale, the executive vice president now owns 19,937 shares in the company, valued at $6,189,042.91. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,944 shares of company stock worth $9,882,355. 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.