FedEx (NYSE:FDX) Sets New 1-Year High – Time to Buy?

FedEx Corporation (NYSE:FDX)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $381.99 and last traded at $376.12, with a volume of 109378 shares traded. The stock had previously closed at $374.72.

Analyst Ratings Changes

Several equities analysts have recently commented on FDX shares. UBS Group upped their price objective on shares of FedEx from $314.00 to $412.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Royal Bank Of Canada cut FedEx to a “sector perform” rating in a research note on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $479.00 price objective on shares of FedEx in a research note on Friday. Evercore increased their target price on FedEx from $288.00 to $364.00 in a research note on Friday. Finally, HSBC lifted their target price on FedEx from $235.00 to $285.00 and gave the company a “hold” rating in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $358.00.

FedEx Price Performance

The firm has a market capitalization of $88.14 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 1.81 and a beta of 1.33. The stock’s fifty day moving average price is $313.52 and its two-hundred day moving average price is $267.59. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same quarter in the prior year, the company posted $4.05 earnings per share. FedEx’s revenue for the quarter was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities research analysts expect that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, March 9th. FedEx’s dividend payout ratio is currently 31.97%.

Institutional Trading of FedEx

Large investors have recently made changes to their positions in the company. Grey Fox Wealth Advisors LLC acquired a new stake in shares of FedEx in the third quarter valued at approximately $27,000. NewSquare Capital LLC boosted its stake in FedEx by 121.8% during the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after purchasing an additional 67 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in FedEx during the 2nd quarter worth $28,000. Wealth Watch Advisors INC purchased a new position in FedEx during the 3rd quarter worth $28,000. Finally, Ameriflex Group Inc. increased its stake in FedEx by 103.3% in the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after purchasing an additional 63 shares during the period. 84.47% of the stock is owned by institutional investors and hedge funds.

FedEx Company Profile

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.