The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Fedex Corp (NYSE: FDX) closed at $270.43 down -1.87% from its previous closing price of $275.57. In other words, the price has decreased by -$1.87 from its previous closing price. On the day, 1.96 million shares were traded. FDX stock price reached its highest trading level at $274.82 during the session, while it also had its lowest trading level at $269.41.
Ratios:
For a deeper understanding of Fedex Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on December 20, 2024, Upgraded its rating to Buy and sets its target price to $337 from $328 previously.
On December 20, 2024, Loop Capital Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $288 to $365.
TD Cowen reiterated its Buy rating for the stock on December 20, 2024, while the target price for the stock was revised from $328 to $337.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 14 ’25 when SCHWAB SUSAN C sold 3,980 shares for $276.45 per share. The transaction valued at 1,100,257 led to the insider holds 8,904 shares of the business.
SCHWAB SUSAN C bought 3,980 shares of FDX for $1,092,868 on Jan 14 ’25. On Jan 07 ’25, another insider, Smith Richard W, who serves as the COO INTL – CEO Airline FEC of the company, sold 2,576 shares for $276.93 each. As a result, the insider received 713,373 and left with 111,886 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FDX now has a Market Capitalization of 65133334528. As of this moment, Fedex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.24, and their Forward P/E ratio for the next fiscal year is 11.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 2.46.
Stock Price History:
The Beta on a monthly basis for FDX is 1.20, which has changed by 0.068344355 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, FDX has reached a high of $313.84, while it has fallen to a 52-week low of $234.45. The 50-Day Moving Average of the stock is -4.50%, while the 200-Day Moving Average is calculated to be -2.36%.
Shares Statistics:
For the past three months, FDX has traded an average of 1.66M shares per day and 1595860 over the past ten days. A total of 240.85M shares are outstanding, with a floating share count of 220.32M. Insiders hold about 8.52% of the company’s shares, while institutions hold 79.08% stake in the company. Shares short for FDX as of 1732838400 were 4030388 with a Short Ratio of 2.14, compared to 1730332800 on 4157045. Therefore, it implies a Short% of Shares Outstanding of 4030388 and a Short% of Float of 1.7999999999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.62. The current Payout Ratio is 29.25% for FDX, which recently paid a dividend on 2024-12-09 with an ex-dividend date of 1733702400. Stock splits for the company last occurred on 1999-05-07 when the company split stock in a 2:1 ratio.