FedEx Corporation (NYSE:FDX) Receives $371.19 Average Target Price from Brokerages

FedEx Corporation (NYSE:FDX) has received an average rating of “Moderate Buy” from the thirty-one brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation, seventeen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $371.1852.

A number of equities analysts have recently issued reports on the company. HSBC cut FedEx from a “hold” rating to a “reduce” rating and set a $335.00 price objective for the company. in a report on Wednesday, February 25th. Raymond James Financial raised their price objective on FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Susquehanna cut their target price on FedEx from $345.00 to $340.00 in a research note on Tuesday, December 23rd. Zacks Research upgraded shares of FedEx from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 17th. Finally, TD Cowen lifted their price target on shares of FedEx from $313.00 to $383.00 and gave the stock a “buy” rating in a research note on Friday, February 13th.

FedEx Stock Performance

NYSE FDX opened at $348.95 on Monday. FedEx has a 52-week low of $194.29 and a 52-week high of $392.86. The company has a fifty day moving average of $349.36 and a 200-day moving average of $289.48. The company has a market capitalization of $82.05 billion, a P/E ratio of 19.24, a P/E/G ratio of 1.68 and a beta of 1.29. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27.

FedEx (NYSE:FDX) last released its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the prior year, the firm earned $4.05 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. As a group, equities research analysts predict that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be issued a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.7%. FedEx’s dividend payout ratio (DPR) is currently 31.97%.

Institutional Trading of FedEx

Several hedge funds have recently added to or reduced their stakes in FDX. Grey Fox Wealth Advisors LLC purchased a new position in shares of FedEx in the third quarter worth about $27,000. EFG International AG purchased a new stake in FedEx during the 4th quarter valued at about $27,000. Twin Peaks Wealth Advisors LLC bought a new position in FedEx during the 2nd quarter worth approximately $28,000. Wealth Watch Advisors INC bought a new position in FedEx during the 3rd quarter worth approximately $28,000. Finally, Ameriflex Group Inc. increased its stake in FedEx by 103.3% in the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after purchasing an additional 63 shares during the period. 84.47% of the stock is owned by institutional investors.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: JPMorgan raised its price target sharply to $424 (from $294), signaling stronger analyst conviction in FedEx’s earnings power and margin outlook. JPMorgan lifts PT on FedEx
• Positive Sentiment: Multiple previews expect another “double‑beat” quarter, and Wall Street commentary is upbeat that continued earnings outperformance could push the stock back toward record highs. Investors pricing in an upside reaction if FedEx again tops EPS and revenue. FedEx Q3 Preview: Wall Street Is Upbeat
• Neutral Sentiment: Earnings previews and TipRanks pieces outline consensus KPIs to watch (revenue, adjusted operating margin, shipping volumes, and fuel surcharge recovery). These set clear expectations that will drive intraday moves on the print. FedEx Q3 Earnings Tomorrow – KPIs to Watch
• Neutral Sentiment: Macro calendar (Fed decision, PPI) may amplify volatility around FedEx’s report as rates and inflation influence freight demand and discount rates for forward earnings. Fed Meeting, PPI, Micron Earnings
• Negative Sentiment: Rising oil prices tied to Middle East tensions are a direct cost risk for FedEx (fuel is a volatile expense); analysts flag higher fuel costs could pressure margins and guidance. All Eyes on Oil! FedEx to Report Q3 Earnings
• Negative Sentiment: FedEx will close nine New York parcel centers — a sign of network reconfiguration that could mean near‑term disruption or restructuring charges even if it reduces long‑term costs. FedEx to shutter 9 New York parcel centers
• Negative Sentiment: Proposed federal legislation (H.R.7758) to tighten CDL eligibility could create workforce and compliance headwinds for FedEx and the logistics sector if enacted, adding regulatory uncertainty. New Bill: The Dalilah Law
• Negative Sentiment: Some previews warn Q3 earnings could decline year‑over‑year and call out future risks tied to geopolitics and fuel — a weaker print or cautious guidance would likely push the stock lower. FedEx preview: Q3 earnings seen declining

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.