Analysts See $5.72 EPS for FedEx Corporation (FDX)

May 17, 2018 - By Duane Lopez

FedEx Corporation (NYSE:FDX) LogoInvestors sentiment increased to 1.21 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. It is positive, 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.
The Connecticut-based Virtus Inv Advisers has invested 0.49% in FedEx Corporation (NYSE:FDX). Palladium Partners Limited Liability Corporation owns 34,305 shares or 0.62% of their US portfolio. First Dallas Secs invested in 1% or 6,332 shares. Community Tru has 95,972 shares for 2.99% of their portfolio. Kentucky Retirement System Ins Tru Fund has 6,551 shares for 0.27% of their portfolio. 20,982 were reported by Pinnacle Associates Ltd. Bessemer Inc holds 0.01% in FedEx Corporation (NYSE:FDX) or 5,662 shares. Moreover, Cornerstone Cap Mngmt Company has 0.14% invested in FedEx Corporation (NYSE:FDX) for 82,519 shares. Parkside Fincl State Bank reported 2,145 shares or 0.2% of all its holdings. Nordea Invest holds 0.58% of its portfolio in FedEx Corporation (NYSE:FDX) for 979,436 shares. Agf has invested 0.97% in FedEx Corporation (NYSE:FDX). C M Bidwell And Associates invested in 100 shares. Point72 Asia (Hong Kong) Ltd accumulated 970 shares. Illinois-based Segall Bryant & Hamill Limited Liability Corporation has invested 0.04% in FedEx Corporation (NYSE:FDX). 20,180 are owned by Monetary Management Group.

Since January 2, 2018, it had 1 buying transaction, and 4 insider sales for $45.54 million activity. The insider WALSH PAUL S sold $1.12M. On Tuesday, January 2 BRONCZEK DAVID J sold $11.89M worth of FedEx Corporation (NYSE:FDX) or 46,555 shares. SCHWAB SUSAN C had bought 80 shares worth $19,837 on Tuesday, February 6. 124,000 shares were sold by SMITH FREDERICK W, worth $31.74M on Wednesday, April 18.

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 10.80 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 0.09% or $0.22 during the last trading session, reaching $247.12. About 1.10 million shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 17, 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. On Wednesday, December 20 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was upgraded on Tuesday, January 9 by UBS. The firm earned “Buy” rating on Friday, March 16 by Oppenheimer. On Wednesday, December 20 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. As per Thursday, November 30, the company rating was maintained by Barclays Capital. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, March 21. The rating was maintained by Robert W. Baird on Thursday, March 15 with “Outperform”. The firm has “Buy” rating given on Friday, January 5 by UBS. The rating was maintained by Susquehanna on Wednesday, March 21 with “Buy”. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Tuesday, December 19 by BMO Capital Markets.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $66.03 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 15.08 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: Benzinga.com which released: “Despite An Earnings Beat, Shares Of FedEx Are Continuing To Look Weak In The Near Term” on May 04, 2018, also Seekingalpha.com with their article: “Stocks To Watch: A Fed Head Talks Crypto” published on May 13, 2018, Streetinsider.com published: “UPDATE: FedEx (FDX) PT Raised to $282 at Oppenheimer” on May 16, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Benzinga.com and their article: “New Oanda CTO Should Drive Major FinTech Expansion” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “FedEx tests blockchain technology” with publication date: May 14, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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