FedEx Corporation (FDX) Analysts See $5.72 EPS

May 16, 2018 - By Kristen Paramore

FedEx Corporation (NYSE:FDX) LogoInvestors sentiment increased to 1.21 in 2017 Q4. Its up 0.14, from 1.07 in 2017Q3. It increased, as 45 investors sold FedEx Corporation shares while 366 reduced holdings. 137 funds opened positions while 361 raised stakes. 193.75 million shares or 3.04% less from 199.84 million shares in 2017Q3 were reported.
Whittier has 0.04% invested in FedEx Corporation (NYSE:FDX) for 4,765 shares. Brown Brothers Harriman And has invested 0% in FedEx Corporation (NYSE:FDX). 76,461 are owned by Bancshares Of Nova Scotia. Gemmer Asset Management Limited holds 0.02% or 201 shares in its portfolio. Citadel Advsr Limited Co reported 397,214 shares. Conning reported 5,985 shares. St Johns Invest Mgmt Communication Ltd Llc has 0.57% invested in FedEx Corporation (NYSE:FDX). 53,240 are owned by Piedmont Invest Ltd Limited Liability Company. Shell Asset Mgmt Company holds 0.14% of its portfolio in FedEx Corporation (NYSE:FDX) for 28,241 shares. San Francisco Sentry Investment Gru (Ca) holds 0.13% in FedEx Corporation (NYSE:FDX) or 1,809 shares. Winslow Cap Ltd Liability Co has invested 1.76% in FedEx Corporation (NYSE:FDX). Creative Planning invested 0.02% of its portfolio in FedEx Corporation (NYSE:FDX). Karp Cap Mngmt Corporation stated it has 1.07% in FedEx Corporation (NYSE:FDX). Green Square Cap Lc accumulated 18,992 shares or 0.71% of the stock. Livforsakringsbolaget Skandia Omsesidigt holds 0.23% of its portfolio in FedEx Corporation (NYSE:FDX) for 9,795 shares.

Since January 2, 2018, it had 1 insider purchase, and 4 selling transactions for $45.54 million activity. 3,016 shares were sold by STEINER DAVID P, worth $802,405. 4,400 shares were sold by WALSH PAUL S, worth $1.12M. BRONCZEK DAVID J sold $11.89M worth of stock or 46,555 shares. SMITH FREDERICK W sold 124,000 shares worth $31.74M.

Analysts expect FedEx Corporation (NYSE:FDX) to report $5.72 EPS on June, 19.They anticipate $1.47 EPS change or 34.59 % from last quarter’s $4.25 EPS. FDX’s profit would be $1.53 billion giving it 10.81 P/E if the $5.72 EPS is correct. After having $3.72 EPS previously, FedEx Corporation’s analysts see 53.76 % EPS growth. The stock decreased 1.60% or $4.01 during the last trading session, reaching $247.34. About 1.64 million shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 16, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

FedEx Corporation (NYSE:FDX) Ratings Coverage

Among 16 analysts covering FedEx (NYSE:FDX), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. FedEx had 26 analyst reports since November 30, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, December 14 by Credit Suisse. The firm has “Buy” rating by Oppenheimer given on Friday, March 16. The company was maintained on Wednesday, December 20 by KeyBanc Capital Markets. The stock has “Buy” rating by Robert W. Baird on Sunday, February 11. BMO Capital Markets maintained the shares of FDX in report on Thursday, November 30 with “Buy” rating. As per Friday, January 5, the company rating was upgraded by UBS. Wells Fargo maintained the shares of FDX in report on Wednesday, December 20 with “Buy” rating. The company was maintained on Wednesday, March 21 by Morgan Stanley. Barclays Capital maintained the shares of FDX in report on Thursday, November 30 with “Buy” rating. The rating was maintained by Cowen & Co on Monday, December 18 with “Buy”.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $66.09 billion. The companyÂ’s FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows clients to track and manage imports. It has a 15.09 P/E ratio. This segment also publishes customs duty and tax information; and offers transportation management and temperature-controlled transportation services.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Streetinsider.com which released: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” on May 15, 2018, also Seekingalpha.com with their article: “Investors size up UPS and FedEx” published on April 27, 2018, Finance.Yahoo.com published: “FedEx Corporation Has Amazon Derangement Syndrome” on May 04, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Benzinga.com and their article: “Today In Cryptocurrency: CoinDesk Consensus Highlights, Amazon Blockchain Partnership” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “USPS returns to losing ways” with publication date: May 11, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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