Susquehanna Has Lowered Expectations for FedEx (NYSE:FDX) Stock Price

FedEx (NYSE:FDX) had its price objective reduced by analysts at Susquehanna from $345.00 to $340.00 in a research note issued on Tuesday,MarketScreener reports. Susquehanna’s price target would suggest a potential upside of 15.04% from the stock’s previous close.

Several other equities analysts have also commented on FDX. Evercore ISI increased their target price on FedEx from $275.00 to $288.00 in a report on Friday, December 19th. TD Cowen increased their price objective on FedEx from $271.00 to $313.00 and gave the company a “buy” rating in a report on Friday, December 19th. Truist Financial boosted their target price on FedEx from $285.00 to $330.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. The Goldman Sachs Group upped their price target on FedEx from $301.00 to $317.00 and gave the company a “buy” rating in a report on Friday, December 19th. Finally, Barclays raised their price objective on shares of FedEx from $320.00 to $360.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, FedEx currently has a consensus rating of “Moderate Buy” and an average target price of $298.92.

FedEx Stock Up 0.1%

FedEx stock opened at $295.55 on Tuesday. The firm has a market capitalization of $69.49 billion, a P/E ratio of 16.29, a P/E/G ratio of 1.47 and a beta of 1.32. The stock’s fifty day simple moving average is $266.01 and its 200-day simple moving average is $242.98. FedEx has a twelve month low of $194.29 and a twelve month high of $296.10. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last issued its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $22.79 billion. During the same quarter in the prior year, the business earned $4.05 EPS. FedEx’s revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities analysts expect that FedEx will post 19.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after buying an additional 2,741,723 shares during the last quarter. Dodge & Cox lifted its position in FedEx by 12.0% during the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after acquiring an additional 1,742,666 shares during the period. Geode Capital Management LLC grew its stake in shares of FedEx by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock valued at $1,124,524,000 after purchasing an additional 28,450 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of FedEx by 5.9% in the third quarter. Franklin Resources Inc. now owns 4,814,938 shares of the shipping service provider’s stock valued at $1,135,411,000 after purchasing an additional 269,567 shares during the period. Finally, Valeo Financial Advisors LLC raised its stake in shares of FedEx by 28,080.9% during the second quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock worth $850,948,000 after purchasing an additional 3,730,273 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

FedEx Company Profile

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.