Analysts See $5.72 EPS for FedEx Corporation (FDX)

May 17, 2018 - By Eugene Smith

FedEx Corporation (NYSE:FDX) LogoInvestors sentiment increased to 1.21 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. It improved, 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.
Comerica Secs reported 0.23% stake. Campbell Newman Asset Inc owns 4,392 shares. 20,180 were accumulated by Monetary Group Inc. Motco owns 139 shares. Loring Wolcott & Coolidge Fiduciary Advsrs Limited Liability Partnership Ma owns 6,327 shares. Hyman Charles D holds 0.03% or 972 shares. Banced has 0.91% invested in FedEx Corporation (NYSE:FDX). Jefferies Grp Ltd Limited Liability Company invested in 49,537 shares or 0.06% of the stock. 5,575 were accumulated by Dumont And Blake Investment Advisors Limited Liability Co. Community Bankshares Na has 0.01% invested in FedEx Corporation (NYSE:FDX). Sunbelt Secs Inc stated it has 0.43% of its portfolio in FedEx Corporation (NYSE:FDX). Keybank National Association Oh stated it has 0.06% of its portfolio in FedEx Corporation (NYSE:FDX). Cornerstone Advisors has invested 0.11% in FedEx Corporation (NYSE:FDX). Archford Strategies Ltd Liability Corporation has 0.37% invested in FedEx Corporation (NYSE:FDX). Guardian Life Insurance Com Of America accumulated 0.04% or 799 shares.

Since January 2, 2018, it had 1 insider buy, and 4 insider sales for $45.54 million activity. Another trade for 4,400 shares valued at $1.12M was sold by WALSH PAUL S. Another trade for 80 shares valued at $19,837 was made by SCHWAB SUSAN C on Tuesday, February 6. Shares for $802,405 were sold by STEINER DAVID P. BRONCZEK DAVID J had sold 46,555 shares worth $11.89 million.

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 10.86 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 increased 0.54% or $1.34 during the last trading session, reaching $248.46. About 1.08M shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 18, 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 27 analyst reports since November 30, 2017 according to SRatingsIntel. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Tuesday, December 19 by BMO Capital Markets. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, March 21. Bank of America upgraded the stock to “Buy” rating in Wednesday, December 20 report. The stock has “Buy” rating by Robert W. Baird on Wednesday, December 20. Robert W. Baird maintained FedEx Corporation (NYSE:FDX) on Thursday, March 15 with “Outperform” rating. Morgan Stanley maintained the shares of FDX in report on Wednesday, March 21 with “Equal-Weight” rating. Stifel Nicolaus upgraded FedEx Corporation (NYSE:FDX) on Wednesday, March 21 to “Buy” rating. As per Thursday, January 18, the company rating was maintained by Stifel Nicolaus. Oppenheimer maintained the shares of FDX in report on Friday, March 16 with “Buy” rating. Oppenheimer maintained it with “Buy” rating and $28200 target in Wednesday, May 16 report.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $66.39 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 15.16 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 Benzinga.com with their article: “New Oanda CTO Should Drive Major FinTech Expansion” published on April 26, 2018, Benzinga.com published: “Can Market Draw a Seven? DJIA Up Six Straight Days Amid Tech Rally” on May 11, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “An Investment Overview On Alliance Data Systems” published on May 17, 2018 as well as Gurufocus.com‘s news article titled: “Jeff Auxier’s Top Trades in 1st Quarter” with publication date: May 17, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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