Jefferies Financial Group Boosts FedEx (NYSE:FDX) Price Target to $315.00

FedEx (NYSE:FDX) had its price objective upped by equities research analysts at Jefferies Financial Group from $280.00 to $315.00 in a note issued to investors on Thursday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the shipping service provider’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 10.68% from the stock’s current price.

Several other analysts have also recently commented on the stock. Wall Street Zen upgraded shares of FedEx from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Citigroup lifted their price target on shares of FedEx from $279.00 to $310.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Vertical Research decreased their target price on FedEx from $280.00 to $275.00 in a report on Friday, September 19th. Susquehanna boosted their price objective on shares of FedEx from $300.00 to $345.00 and gave the stock a “positive” rating in a research note on Thursday, December 4th. Finally, Stifel Nicolaus upped their price target on shares of FedEx from $296.00 to $297.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $284.29.

FedEx Stock Down 0.1%

FedEx stock opened at $284.62 on Thursday. The stock’s 50 day moving average price is $257.72 and its 200 day moving average price is $238.95. FedEx has a 1-year low of $194.29 and a 1-year high of $295.24. The company has a market cap of $67.16 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 1.47 and a beta of 1.32. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.25 and a quick ratio of 1.21.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.71 by $0.12. The firm had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.FedEx’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.60 earnings per share. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. On average, sell-side analysts predict that FedEx will post 19.14 EPS for the current fiscal year.

Institutional Trading of FedEx

Several institutional investors have recently bought and sold shares of the stock. Grey Fox Wealth Advisors LLC acquired a new position in shares of FedEx during the third quarter worth approximately $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in FedEx during the 2nd quarter worth $28,000. Wealth Watch Advisors INC bought a new position in FedEx in the 3rd quarter valued at $28,000. NewSquare Capital LLC increased its stake in shares of FedEx by 121.8% in the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after buying an additional 67 shares during the period. Finally, Ameriflex Group Inc. increased its stake in shares of FedEx by 103.3% in the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 84.47% 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.