FedEx Co. (NYSE:FDX) Director Susan C. Schwab bought 80 shares of the firm’s stock in a transaction on Tuesday, February 6th. The shares were bought at an average cost of $247.96 per share, with a total value of $19,836.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

FedEx Co. (FDX) opened at $235.32 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 1.50. The company has a market capitalization of $64,097.94, a price-to-earnings ratio of 21.69, a P/E/G ratio of 1.40 and a beta of 1.30. FedEx Co. has a 12 month low of $182.89 and a 12 month high of $274.66.

FedEx (NYSE:FDX) last issued its earnings results on Tuesday, December 19th. The shipping service provider reported $3.18 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $0.29. The business had revenue of $16.30 billion during the quarter, compared to analyst estimates of $15.67 billion. FedEx had a return on equity of 20.56% and a net margin of 4.74%. FedEx’s revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.80 earnings per share. research analysts predict that FedEx Co. will post 13.38 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Salem Investment Counselors Inc. raised its stake in shares of FedEx by 2.8% in the second quarter. Salem Investment Counselors Inc. now owns 479 shares of the shipping service provider’s stock valued at $104,000 after purchasing an additional 13 shares in the last quarter. Krilogy Financial LLC raised its stake in FedEx by 0.4% during the second quarter. Krilogy Financial LLC now owns 511 shares of the shipping service provider’s stock worth $111,000 after acquiring an additional 2 shares in the last quarter. Cerebellum GP LLC acquired a new position in FedEx during the fourth quarter worth $125,000. Financial Engines Advisors L.L.C. acquired a new position in FedEx during the third quarter worth $132,000. Finally, Massey Quick Simon & CO. LLC acquired a new position in FedEx during the third quarter worth $136,000. Institutional investors and hedge funds own 76.23% of the company’s stock.

FDX has been the subject of a number of recent analyst reports. Loop Capital upped their target price on FedEx to $318.00 in a research report on Thursday, January 4th. Citigroup upped their price target on FedEx to $275.00 and gave the stock a “buy” rating in a report on Tuesday, December 12th. Oppenheimer reiterated a “buy” rating and set a $236.00 price target on shares of FedEx in a report on Friday, October 20th. Goldman Sachs Group assumed coverage on FedEx in a report on Monday, November 13th. They set a “buy” rating and a $270.00 price target for the company. Finally, Wells Fargo & Co set a $275.00 price target on FedEx and gave the stock a “buy” rating in a report on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $273.12.

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FedEx Company Profile

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The Company’s segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services.

Insider Buying and Selling by Quarter for FedEx (NYSE:FDX)

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