fdx stock target price

by Orlo Heaney DDS Published 3 years ago Updated 2 years ago

Stock Price Target FDX

High	^$342.00
Median	^$291.00
Low	^$245.00
Average	^$292.28
Current Price	^$229.81

Should you buy FDX stock?

FedEx operates the largest cargo airline in the world, with the carrier’s freight traffic amounting to 20,656 metric ton-kilometers. With over 600 planes, FedEx is one of the largest airlines on ...

What does target price mean in stocks?

Target Price in Stocks

Target Price Advantage. A target price is an estimate of where an analyst thinks a stock will go. ...
Target Price Disadvantage. The analysts could be wrong. ...
Advantage of Starting from the Actual Price. ...
Disadvantage of Starting from the Actual Price. ...

How much are target stocks?

Target stock price target raised to $353 from $305 at Deutsche Bank Mar. 2, 2022 at 7:53 a.m. ET by Tomi Kilgore Target stock price target raised to $290 from $262 at J.P. Morgan

Is FedEx Corporation (FDX) a good stock to buy?

When they buy such story stocks, investors are all too often the patsy. If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in FedEx (NYSE:FDX). While that doesn't make the shares worth buying at any price, you can't deny that successful capitalism requires profit, eventually.

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Is FDX stock a buy?

The 25 analysts offering 12-month price forecasts for FedEx Corp have a median target of 291.00, with a high estimate of 342.00 and a low estimate of 245.00. The median estimate represents a +27.81% increase from the last price of 227.69.

Is FedEx expected to grow?

Taken together, FedEx expects to grow earnings per share at about 14% to 19% a year on average for the next few years. If management pulls that off, the stock looks attractive. FedEx shares trade for about 10.5 times estimated earnings over the coming 12 months.

Is FDX overvalued?

FDX stock is fairly valued rather than overvalued in my view, despite outperforming the S&P 500 in 2022 year-to-date.

What will FedEx stock be worth in 5 years?

Fedex Corp quote is equal to 217.830 USD at 2022-07-16. Based on our forecasts, a long-term increase is expected, the "FDX" stock price prognosis for 2027-07-09 is 342.093 USD. With a 5-year investment, the revenue is expected to be around +57.05%. Your current $100 investment may be up to $157.05 in 2027.

Why is FedEx dropping?

The Stock Is Dropping. Hit by rising labor costs and supply-chain issues, the parcel-shipping giant FedEx reported lower earnings than expected and cut its financial forecasts for the full year.

Is FedEx doing well?

FedEx Freight third quarter operating income nearly tripled, driven by a continued focus on revenue quality and profitable growth. Revenue per shipment increased 19% and average daily shipments grew 2% during the quarter, while the operating margin increased 850 basis points to 15.0%.

Which stock is better UPS or FedEx?

Overall, FDX shares are currently cheaper relative to UPS shares. However, UPS has a notably higher dividend yield and is still trading at a discount relative to the general market. As shown in the charts, FedEx shares have struggled to keep pace with UPS shares.

Is UPS stock a buy or sell?

The consensus among 18 Wall Street analysts covering (NYSE: UPS) stock is to Buy UPS stock.

Is FDX a buy 2022?

Is Fedex Stock a good buy in 2022, according to Wall Street analysts? The consensus among 17 Wall Street analysts covering (NYSE: FDX) stock is to Strong Buy FDX stock.

Why did FedEx stock go up?

Also last week, FedEx boosted its dividend and added board members to appease activist investor D.E. Shaw Group. FedEx raised its quarterly dividend to $1.15 a share, up from 75 cents, for a 53% boost. The dividend is payable on July 11 to stockholders of record at the close of business on June 27.

Is FedEx Ground growing?

As FedEx Ground, a FORTUNE World's Most Admired Company, continues to enjoy sustained network and market share growth, the businesses that contract with FedEx Ground have superior opportunities to grow as well.

Why is FedEx growing?

In the face of the pandemic, FedEx helped to sustain economic and social functionality across the country, accommodating a record 39 percent surge in e-commerce volumes in the U.S. between the first quarters of 2020 and 2021 while delivering lifesaving healthcare shipments and COVID-19 vaccines.

How does FedEx effect on economy?

FedEx has a direct impact of approximately $70 billion on the national economy through its annual revenue and accompanying economic activity generated for the national gross output, including $8 billion in economic activity created by operations with other companies that fall within the transportation sector.

How much does FedEx spend on advertising?

FedEx spent under $100 million on advertising in digital, print, and national TV in the last year. They invest in premium ad units and advertised on over 250 different Media Properties in the last year across multiple Media formats.

What is FDX’s average 12-month price target, according to analysts?

Based on analyst ratings, FedEx’s 12-month average price target is $290.45.

What is FDX’s upside potential, based on the analysts’ average price target?

FedEx has 40.47% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the [object Object] tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the [object Object] and follow the analysts of your choice. Visit their profiles for more details a...

What stock market closed on 9/2/20?

What was the Dow Jones Industrial Average on 9/2/20?

The stock market had an interesting week before the Labor Day holiday. On 9/2/20, the S&P 500 and Nasdaq Composite set new all-time highs, as they have done dozens of times in 2020. Further, the Dow Jones Industrial Average closed above 29,000 for the first time since 2/22/20. Then, fierce selling on 9/3/20 was followed by moderate, but still intense, profit taking on 9/4/20.

What is a large cap stock?

Further, the Dow Jones Industrial Average closed above 29,000 for the first time since 2/22/20. Then, fierce selling on 9/3/20 was followed by moderate, but still intense, profit taking on 9/4/20.

What is Vickers stock research?

Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.

When did FedEx start overnight delivery?

Vickers Stock Research, a subsidiary of Argus Research Group, tracks and analyzes insider trading and institutional ownership trends. At Argus, we have them track the stocks our analysts follow and alert us when there are significant buys and sells. In the past month, Vickers has flagged the following companies for recent insider buying activity.

Will the Fed raise interest rates in 2019?

FedEx pioneered overnight delivery in 1973 and remains the world's largest express delivery firm. In fiscal 2019, FedEx derived about 54% of its $70 billion top line from its express division, 29% of sales from ground, and 11% from its freight less-than-truckload trucking segment. Remaining revenue comes from other services, including FedEx Office, which provides document production and shipping services. FedEx acquired Dutch parcel delivery firm TNT Express in 2016.

Component Grades

Stocks traded higher on Thursday morning. Fed Chair Powell announced on Wednesday afternoon that the Fed does not plan to raise rates in 2019. The Labor Department reported that initial jobless claims fell by 9,000 to 221,000 in the seven days ended March 16, less than economist forecasts for 225,000, according to Bloomberg. Meanwhile, the Bloomberg Consumer Comfort's monthly gauge of economic expectations fell to 47.5 from 54.5, while the weekly comfort measure remains near a recent 18-year high. The Dow rose 0.7%, the S&P climbed 0.8%, and the Nasdaq was up nearly 1.0%. Crude oil fell slightly to about $60 per barrel, while gold rose $8 to $1310 per ounce.

The Trend in the Analyst Price Target

We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now. Just click the link above.

The Trend in the Broker Recommendations

FDX's average price target has moved down $24.8 over the prior 131 days.

How much has FedEx stock risen in 2021?

FDX's average broker recommendation rating improved by 0.53 over the prior 35 weeks.

Is FedEx stock a victim of its own success?

Why FedEx Stock Has Risen More Than 13% in 2021. FedEx (NYSE: FDX) stock has climbed 13.57% so far this year. On June 24, the company announced its 2021 fiscal full-year earnings, with reported revenue of $84 billion, up 21.3% year over year.

Is XYO worth investing in?

FedEx stock has become a victim of its own success and it faces substantial near-term headwinds in the form of rising labor costs and supply chain bottlenecks...

What is the ticker symbol for FedEx?

There are a few reasons to at least consider investing in XYO (CCC:XYO-USD). The first is that it has heated up over the past year. XYO is one of those coins that traded at fractions of a penny not long ago, but has since become worth multiple pennies. Source: karnoff / Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading Tips A year ago it was trading at $0.00029. It has since risen to $0.07 in value. That’s a 24,000% increase, a surge that is bound to raise eyebrows. But, as

What is the dividend payout ratio of FedEx?

FedEx trades on the New York Stock Exchange (NYSE) under the ticker symbol "FDX."

How much does FedEx make?

The dividend payout ratio of FedEx is 16.51% . This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FedEx will have a dividend payout ratio of 12.93% next year. This indicates that FedEx will be able to sustain or increase its dividend.

What is FedEx Corp?

FedEx has a market capitalization of $77.61 billion and generates $83.96 billion in revenue each year. The shipping service provider earns $5.23 billion in net income (profit) each year or $18.17 on an earnings per share basis.

What is the peg ratio of FedEx?

FedEx Corp. is a holding company, which engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other & Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other & Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the firm's core business. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN.

FedEx Corp

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Stock Price Forecast

Analyst Recommendations

The 26 analysts offering 12-month price forecasts for FedEx Corp have a median target of 311.00, with a high estimate of 364.00 and a low estimate of 260.00. The median estimate represents a +27.33% increase from the last price of 244.24.