FedEx (NYSE:FDX) Price Target Raised to $410.00

FedEx (NYSE:FDX) had its price objective hoisted by BMO Capital Markets from $400.00 to $410.00 in a research report sent to investors on Friday,Benzinga reports. The brokerage currently has a market perform rating on the shipping service provider’s stock.

Other research analysts also recently issued reports about the company. Wolfe Research boosted their target price on FedEx from $355.00 to $394.00 and gave the stock an “outperform” rating in a report on Tuesday, February 10th. Evercore raised their price target on FedEx from $364.00 to $380.00 in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $479.00 price objective on shares of FedEx in a research report on Friday, February 13th. TD Cowen boosted their price objective on FedEx from $383.00 to $426.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Citigroup increased their target price on FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, FedEx has a consensus rating of “Moderate Buy” and an average price target of $393.85.

FedEx Trading Up 0.7%

Shares of FedEx stock opened at $358.44 on Friday. FedEx has a 12-month low of $194.29 and a 12-month high of $392.86. The stock has a market capitalization of $85.53 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 1.61 and a beta of 1.29. The company has a 50-day simple moving average of $351.21 and a 200 day simple moving average of $291.76. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $1.13. The firm had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $4.51 earnings per share. Research analysts expect that FedEx will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be given a $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, March 9th. FedEx’s payout ratio is 30.87%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FDX. Grey Fox Wealth Advisors LLC acquired a new stake in shares of FedEx in the 3rd quarter valued at $27,000. EFG International AG acquired a new position in shares of FedEx during the fourth quarter valued at $27,000. Twin Peaks Wealth Advisors LLC bought a new position in FedEx in the second quarter valued at about $28,000. Wealth Watch Advisors INC bought a new position in FedEx in the third quarter valued at about $28,000. Finally, Ameriflex Group Inc. increased its position in FedEx by 103.3% in the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after purchasing an additional 63 shares during the period. 84.47% of the stock is currently owned by institutional investors.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

About FedEx

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.