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 $20.00-21.00 for the period, compared to the consensus 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.

FedEx Trading Up 0.7 %

FDX stock opened at $300.39 on Friday. The company has a fifty day moving average price of $293.32 and a two-hundred day moving average price of $274.80. The stock has a market cap of $73.92 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.03 and a beta of 1.17. FedEx has a one year low of $224.69 and a one year high of $313.84. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.36 and a quick ratio of 1.32.

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

FedEx Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 9th will be paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Monday, September 9th. FedEx’s dividend payout ratio (DPR) is presently 32.04%.

Analyst Ratings Changes

Several research analysts have commented on the company. Argus boosted their target price on FedEx from $325.00 to $335.00 and gave the stock a buy rating in a research note on Thursday, June 27th. Evercore ISI reduced their price target on FedEx from $339.00 to $335.00 and set an outperform rating on the stock in a report on Thursday, September 12th. Morgan Stanley cut FedEx from an equal weight rating to an underweight rating and reduced their target price for the company from $215.00 to $200.00 in a report on Friday. JPMorgan Chase & Co. upgraded FedEx from a neutral rating to an overweight rating and upped their target price for the company from $296.00 to $359.00 in a report on Wednesday, June 26th. Finally, Stephens restated an overweight rating and set a $325.00 price target on shares of FedEx in a report on Wednesday, June 26th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of $313.13.

Insider Activity at FedEx

In other news, CEO Sriram Krishnasamy sold 8,421 shares of the firm’s stock in a transaction 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 sale, the chief executive officer now directly owns 12,246 shares of the company’s stock, valued at approximately $3,797,974.44. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, EVP Brie Carere sold 1,958 shares of the stock in a transaction on Thursday, July 18th. The stock was 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 in the company, valued at approximately $6,189,042.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sriram Krishnasamy sold 8,421 shares of the stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $310.14, for a total value of $2,611,688.94. Following the transaction, the chief executive officer now owns 12,246 shares of the company’s stock, valued at approximately $3,797,974.44. The disclosure for this sale can be found here. In the last three months, insiders sold 32,944 shares of company stock valued at $9,882,355. 8.73% of the stock is owned by insiders.

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.