What was the highest FedEx stock price?
- The all-time high FedEx stock closing price was 315.59 on May 27, 2021.
- The FedEx 52-week high stock price is 319.90, which is 34.5% above the current share price.
- The FedEx 52-week low stock price is 216.34, which is 9% below the current share price.
- The average FedEx stock price for the last 52 weeks is 272.55.
Is FedEx's stock cheap or expensive?
FedEx doesn't appear cheap by traditional metrics, but long-term success can make expensive multiples ultimately cheap. And, of course, these are just the initial numbers. If you find FedEx's numbers or story compelling, don't stop here.
Why is FedEx stock going down?
While the company reported an in-line quarterly performance in Q4 fiscal 2021, FDX stock fell after its peer - UPS - reported its Q2 numbers with a decline in ground shipments, a metric that drove...
Is FedEx a good buy?
FedEx stock remains a buy despite its earnings miss because the company is well-positioned to stay an industry leader, grow its business, and benefit from the surging e-commerce industry.
See more
Is FedEx stock a buy today?
Bottom line: FedEx stock is not a buy right now because shares are not in a buy zone and have yet to form a new pattern.
What was FedEx highest stock price?
The all-time high FedEx stock closing price was 315.59 on May 27, 2021.
Is FedEx stock going up?
Stock Price Forecast The 24 analysts offering 12-month price forecasts for FedEx Corp have a median target of 293.00, with a high estimate of 342.00 and a low estimate of 245.00. The median estimate represents a +28.90% increase from the last price of 227.31.
What is going on with FedEx stock?
According to the current price, FedEx is 74.29% away from the 52-week high. What are analysts forecasts for FedEx stock? The 66 analysts offering price forecasts for FedEx have a median target of 301.00, with a high estimate of 380.00 and a low estimate of 110.00.
Is FedEx a buy hold or sell?
FedEx has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 16 buy ratings, 4 hold ratings, and no sell ratings.
How many times has FedEx stock split?
According to our FedEx stock split history records, FedEx has had 5 splits.
Why is FedEx a buy?
Big Things Come in Small Packages FedEx has boosted its capital returns to holders in the current fiscal year, buying back more than $2 billion of stock, or 3% of the shares outstanding. It pays a 1.5% dividend, less than half the 3.2% dividend at UPS, which has a payout ratio of 50%.
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%.
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 a blue chip stock?
FedEx Corporation (NYSE: FDX) FedEx is a blue-chip company that provides air express and ground package services to residences and businesses globally, along with truck freight and logistics services.
Is UPS a good stock to buy?
A better value stock Based on the Wall Street analyst consensus estimate of $12.75 in earnings per share for 2022, at a price of $174, UPS trades on less than 14 times forward earnings. Meanwhile, the stock yields a handsome 3.5%.
What is FedEx good for?
FedEx is an excellent option for merchants who are looking for fast, dependable shipping. In particular, FedEx is great for air shipments and next-day deliveries. FedEx also has a good number of international shipping options to fit a variety of price levels and desired delivery times.
Is FedEx stock a Buy, Sell or Hold?
FedEx stock has received a consensus rating of buy. The average rating score is and is based on 56 buy ratings, 8 hold ratings, and 0 sell ratings.
What was the 52-week low for FedEx stock?
The low in the last 52 weeks of FedEx stock was 192.94. According to the current price, FedEx is 107.17% away from the 52-week low.
What was the 52-week high for FedEx stock?
The high in the last 52 weeks of FedEx stock was 304.56. According to the current price, FedEx is 67.89% away from the 52-week high.
What are analysts forecasts for FedEx stock?
The 64 analysts offering price forecasts for FedEx have a median target of 280.27, with a high estimate of 380.00 and a low estimate of 100.00. The...
How much has FedEx stock risen in 2021?
When will FedEx pay dividends in 2021?
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.
FedEx Stock Technical Analysis
(NYSE: FDX) today declared a quarterly cash dividend of $0.75 per share on FedEx Corp. common stock. The dividend is payable October 1, 2021 to stockholders of record at the close of business on September 3, 2021.
FedEx Stock Price Forecast
FedEx stock had found support at its 100-day SMA (simple moving average). Earlier this week, it managed to cross the 50-day SMA which is currently at $298.92. However, looking at the premarket carnage, the stock could fall below the 50-day SMA today which could be a bearish sign. The stock meanwhile trades comfortably above the 200-day SMA.
FedEx Stock Valuation
According to the estimates compiled by MarketBeat, FedEx has an average target of $333.96 which is a premium of almost 10% over current prices. The stock has 22 buys, three hold, and one sell rating.
About Mohit PRO INVESTOR
FedEx stock currently trades at an NTM (next-12 months) PE multiple of 14.8x. The multiple has averaged 16.4x, 13.6x, and 14.3x, over the last one year, three years, and five years respectively. The valuation multiples look in line with the long-term averages even as they have come off the recent highs.
What caused the spooking of transportation stocks?
Mohit Oberoi is a freelance finance writer based in India. He has completed his MBA with finance as majors and also holds a CFA charter. He has over 14 years of experience in financial markets. He has been writing extensively on global markets for the last seven years and has written over 7,500 articles.
What happened in March?
Earlier in March, the rapid global spread of the novel coronavirus, followed by governmental restrictions on the movement of goods and people in different regions, spooked investors in transportation stocks as fears of a slowdown and recession rattled markets.
Will FedEx fumble a big boom in store-to-customer delivery?
A lot happened in March, and it was a jumble. The U.S. government's $2 trillion stimulus package dissipated some of investors' fears about the impact of the COVID-19 pandemic on FedEx's operations, even as the company withdrew its 2020 outlook.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
Shipping giant FedEx ( NYSE:FDX) stock fell more than 5% in early trading Thursday in response to a Wall Street Journal story detailing problems the company may be having in keeping up with demand from its customers.
Now what
As WSJ reports, closures of retail stores and stay-at-home orders for consumers have resulted in an increase in online ordering -- and demand for transportation companies such as FedEx to deliver items ordered online.
