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 guidance of $19.00-20.00 for the period, compared to the consensus earnings per share estimate of $19.44. The company issued revenue guidance of approx flat, compared to the consensus revenue estimate of $88.43 billion. FedEx also updated its FY 2025 guidance to 19.000-20.000 EPS.

FedEx Stock Performance

Shares of NYSE:FDX traded up $2.72 on Thursday, reaching $275.88. 3,585,336 shares of the company’s stock were exchanged, compared to its average volume of 1,791,933. The company has a current ratio of 1.28, a quick ratio of 1.24 and a debt-to-equity ratio of 0.72. FedEx has a twelve month low of $234.45 and a twelve month high of $313.84. The company has a fifty day moving average of $282.25 and a 200-day moving average of $281.70. The company has a market capitalization of $67.40 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 1.17 and a beta of 1.18.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Thursday, December 19th. The shipping service provider reported $4.05 EPS for the quarter, beating analysts’ consensus estimates of $3.88 by $0.17. FedEx had a return on equity of 15.61% and a net margin of 4.62%. The business had revenue of $22 billion during the quarter, compared to the consensus estimate of $22.14 billion. During the same quarter in the previous year, the firm earned $3.99 earnings per share. FedEx’s revenue for the quarter was down .7% compared to the same quarter last year. On average, research analysts predict that FedEx will post 19.59 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Monday, December 9th will be given a $1.38 dividend. The ex-dividend date is Monday, December 9th. This represents a $5.52 dividend on an annualized basis and a yield of 2.00%. FedEx’s dividend payout ratio is currently 34.05%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Bank of America decreased their target price on shares of FedEx from $347.00 to $345.00 and set a “buy” rating for the company in a research report on Wednesday, September 18th. Stifel Nicolaus lowered their target price on shares of FedEx from $327.00 to $321.00 and set a “buy” rating for the company in a research note on Friday, September 20th. Robert W. Baird dropped their target price on shares of FedEx from $340.00 to $320.00 and set an “outperform” rating on the stock in a report on Friday, September 20th. HSBC downgraded FedEx from a “buy” rating to a “hold” rating and set a $300.00 price target for the company. in a report on Friday, September 20th. Finally, Citigroup upped their target price on FedEx from $301.00 to $331.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seventeen have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $316.68.

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.