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.

Wall Street Analyst Weigh In

FDX has been the subject of a number of research analyst reports. Morgan Stanley lowered shares of FedEx from an equal weight rating to an underweight rating and cut their target price for the stock from $215.00 to $200.00 in a research report on Friday. Argus boosted their price objective on FedEx from $325.00 to $335.00 and gave the stock a buy rating in a research report on Thursday, June 27th. Stephens reaffirmed an overweight rating and issued a $350.00 target price on shares of FedEx in a report on Friday. BMO Capital Markets cut their price target on FedEx from $325.00 to $300.00 and set a market perform rating for the company in a report on Friday. Finally, Susquehanna lowered their price objective on shares of FedEx from $345.00 to $330.00 and set a positive rating on the stock in a research note on Friday. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, FedEx currently has a consensus rating of Moderate Buy and a consensus target price of $312.84.

FedEx Trading Down 15.2 %

Shares of FDX stock opened at $254.63 on Friday. The company has a market capitalization of $62.66 billion, a P/E ratio of 14.78, a P/E/G ratio of 1.03 and a beta of 1.17. FedEx has a 12-month low of $224.69 and a 12-month high of $313.84. The company has a quick ratio of 1.32, a current ratio of 1.36 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $292.43 and a 200 day moving average price of $274.85.

FedEx (NYSE:FDX) last posted 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). FedEx had a net margin of 4.94% and a return on equity of 16.70%. The firm had revenue of $21.58 billion during the quarter, compared to the consensus estimate of $21.87 billion. During the same quarter last year, the firm posted $4.55 EPS. The business’s revenue was down .5% on a year-over-year basis. Research analysts forecast that FedEx will post 20.82 earnings per share for the current fiscal year.

FedEx Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 9th will be issued a $1.38 dividend. The ex-dividend date of this dividend 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

In related news, EVP Robert B. Carter sold 16,010 shares of the business’s stock in a transaction that occurred on Friday, June 28th. The shares were sold at an average price of $294.48, for a total value of $4,714,624.80. Following the completion of the transaction, the executive vice president now owns 59,884 shares in the company, valued at approximately $17,634,640.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other FedEx news, Director Paul S. Walsh sold 2,535 shares of the company’s stock in a transaction on Friday, June 28th. The shares were sold at an average price of $294.72, for a total transaction of $747,115.20. Following the completion of the sale, the director now owns 14,745 shares in the company, valued at approximately $4,345,646.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert B. Carter sold 16,010 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was sold at an average price of $294.48, for a total value of $4,714,624.80. Following the completion of the transaction, the executive vice president now owns 59,884 shares in the company, valued at $17,634,640.32. The disclosure for this sale can be found here. Insiders have sold a total of 32,944 shares of company stock worth $9,882,355 in the last 90 days. Corporate insiders own 8.73% of the company’s stock.

About FedEx

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.