FedEx (NYSE:FDX) Releases FY 2027 Earnings Guidance

FedEx (NYSE:FDX) updated its FY 2027 earnings guidance on Tuesday. The company provided EPS guidance of 16.900-18.100 for the period, compared to the consensus earnings per share estimate of 19.920. The company issued revenue guidance of $97.6 billion-$97.6 billion, compared to the consensus revenue estimate of $91.0 billion.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Barclays reduced their price target on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating for the company in a report on Wednesday, June 17th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of FedEx in a research report on Monday. Stifel Nicolaus set a $442.00 price target on FedEx in a report on Monday. Wall Street Zen raised FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. Finally, BMO Capital Markets decreased their price objective on FedEx from $410.00 to $340.00 and set a “market perform” rating for the company in a report on Monday, June 1st. Eighteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and an average price target of $358.14.

FedEx Stock Down 3.0%

Shares of NYSE FDX traded down $9.72 during trading on Tuesday, hitting $319.06. The stock had a trading volume of 3,146,314 shares, compared to its average volume of 2,258,613. FedEx has a 12 month low of $172.88 and a 12 month high of $345.36. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. The firm has a fifty day moving average of $367.67 and a two-hundred day moving average of $345.54. The company has a market capitalization of $76.13 billion, a PE ratio of 16.98, a PEG ratio of 1.48 and a beta of 1.28.

FedEx Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Monday, June 22nd will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, June 22nd. FedEx’s dividend payout ratio is presently 30.87%.

Insider Buying and Selling

In other news, EVP Kawal Preet sold 4,900 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the transaction, the executive vice president directly owned 10,953 shares in the company, valued at approximately $4,029,499.17. This trade represents a 30.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gina F. Adams sold 20,450 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the completion of the transaction, the executive vice president directly owned 19,403 shares of the company’s stock, valued at approximately $7,110,229.35. The trade was a 51.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,104 shares of company stock worth $17,599,006 in the last 90 days. 0.53% of the stock is owned by company insiders.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx is heading into earnings with analysts expecting solid profit and revenue growth, and some market watchers see the stock as a turnaround story with further upside potential. FedEx (FDX) Earnings Preview: First Report as Standalone Parcel Company
• Positive Sentiment: Investor interest remains high ahead of the report, with commentary suggesting FedEx could be in position for a fresh high if results and guidance impress. Here’s How Much FedEx Stock Is Expected to Move After Earnings
• Neutral Sentiment: FedEx is one of several major companies on the earnings calendar this week, so the stock may be trading on anticipation rather than company-specific news alone. Cerebras, FedEx, Carnival: Earnings to watch on Tuesday
• Negative Sentiment: Broader market weakness, especially the tech-led sell-off and softer futures, is creating a cautious tone that can spill over into FedEx shares. AI Selling Overseas Reaches Pre-Market Futures

Institutional Investors Weigh In On FedEx

A number of large investors have recently modified their holdings of FDX. Sivia Capital Partners LLC purchased a new stake in shares of FedEx during the second quarter valued at $586,000. Brighton Jones LLC raised its position in FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after buying an additional 207 shares during the last quarter. Prosperity Bancshares Inc bought a new position in FedEx during the 4th quarter valued at about $58,000. Atlas Capital Advisors Inc. purchased a new stake in shares of FedEx during the 4th quarter valued at about $119,000. Finally, Acumen Wealth Advisors LLC bought a new stake in shares of FedEx in the fourth quarter worth approximately $112,000. Institutional investors own 84.47% of the company’s stock.

FedEx Company Profile

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.