FedEx (NYSE:FDX) Price Target Raised to $432.00

FedEx (NYSE:FDX) had its target price increased by JPMorgan Chase & Co. from $424.00 to $432.00 in a research note released on Friday,Benzinga reports. They currently have a neutral rating on the shipping service provider’s stock.

Other equities research analysts have also recently issued research reports about the stock. Raymond James Financial lifted their price target on shares of FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. TD Cowen upped their price objective on shares of FedEx from $383.00 to $426.00 and gave the stock a “buy” rating in a research report on Friday. Citigroup increased their price objective on shares of FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. Finally, BMO Capital Markets upped their price target on shares of FedEx from $400.00 to $410.00 and gave the stock a “market perform” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $393.85.

FedEx Stock Performance

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

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

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. FedEx’s payout ratio is 30.87%.

Institutional Trading of FedEx

Several hedge funds have recently made changes to their positions in the company. Grey Fox Wealth Advisors LLC acquired a new stake in shares of FedEx during the 3rd quarter worth approximately $27,000. EFG International AG acquired a new position in FedEx in the fourth quarter valued at approximately $27,000. Twin Peaks Wealth Advisors LLC purchased a new position in FedEx in the second quarter worth approximately $28,000. Wealth Watch Advisors INC purchased a new position in FedEx in the third quarter worth approximately $28,000. Finally, Ameriflex Group Inc. increased its stake in FedEx by 103.3% during the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Trending Headlines about FedEx

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.