FedEx (NYSE:FDX) Sets New 52-Week High – Should You Buy?

Shares of FedEx Corporation (NYSE:FDX) hit a new 52-week high on Friday . The stock traded as high as $392.86 and last traded at $391.1570, with a volume of 1056320 shares changing hands. The stock had previously closed at $380.88.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Analyst upgrades and price‑target raises (including Wells Fargo and Stephens) have lifted sentiment and likely supported buying interest; several firms reiterated or raised targets after FedEx’s March-quarter beat. Wells Fargo Sticks to Its Buy Rating for FedEx (FDX)
• Positive Sentiment: FedEx reported better‑than‑expected March quarter results (EPS and revenue beat) and has reiterated guidance, which reduces near‑term earnings uncertainty and supports upside expectations. MarketBeat: FedEx financials & analyst consensus
• Neutral Sentiment: The CFO, John Dietrich, is scheduled to step down June 1 with an interim named; management says this follows the planned FedEx Freight spinoff — notable for governance but described as part of broader restructuring. FedEx CFO to Step Down
• Neutral Sentiment: CEO comments that tariffs are affecting the business highlight a macro headwind to margins and costs to monitor, particularly for international flows. FedEx CEO: Tariff impact (short)
• Neutral Sentiment: Industry/competitive note — Uber Eats launched a retail returns feature, signaling expanding competition in fast consumer returns/logistics; likely modest near term but worth watching for retail return options. Uber Eats launches retail returns feature
• Negative Sentiment: Material insider selling this week: EVP Tracy B. Brightman sold ~16,959 shares (~$6.16M) and Director Susan C. Schwab sold 5,795 shares (~$2.14M). Large, clustered insider trims can be perceived negatively and may cap near‑term momentum. SEC Form 4 (Brightman) SEC Form 4 (Schwab)

Analyst Ratings Changes

Several equities research analysts recently weighed in on FDX shares. Zacks Research downgraded FedEx from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. HSBC raised FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price target for the company in a research note on Friday, March 20th. Jefferies Financial Group upped their target price on FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Rothschild & Co Redburn upped their target price on FedEx from $317.00 to $371.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Finally, Citigroup raised their price objective on FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Eighteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $398.04.

FedEx Stock Performance

The firm has a market capitalization of $93.50 billion, a P/E ratio of 20.85, a price-to-earnings-growth ratio of 1.67 and a beta of 1.28. The company has a 50-day moving average of $367.64 and a 200-day moving average of $309.96. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating the consensus estimate of $4.12 by $1.13. The business had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.FedEx’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.51 earnings per share. On average, equities analysts anticipate that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were paid a dividend of $1.45 per share. The ex-dividend date was Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.5%. FedEx’s dividend payout ratio (DPR) is currently 30.87%.

Insider Buying and Selling at FedEx

In other FedEx news, EVP Gina F. Adams sold 20,450 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total value of $7,493,902.50. Following the completion of the transaction, the executive vice president owned 19,403 shares in the company, valued at $7,110,229.35. This represents a 51.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Susan C. Schwab sold 5,795 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total transaction of $2,138,355.00. Following the completion of the sale, the director owned 10,038 shares of the company’s stock, valued at $3,704,022. This trade represents a 36.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,104 shares of company stock worth $17,599,006 over the last ninety days. 0.53% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Brighton Jones LLC increased its stake in FedEx by 12.8% during the fourth quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after purchasing an additional 207 shares during the last quarter. Empowered Funds LLC increased its holdings in FedEx by 78.9% in the first quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after buying an additional 4,548 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of FedEx in the second quarter valued at approximately $586,000. Quantbot Technologies LP bought a new position in shares of FedEx during the second quarter valued at $186,000. Finally, Jump Financial LLC bought a new position in shares of FedEx during the second quarter valued at $456,000. 84.47% of the stock is owned by institutional investors and hedge funds.

About FedEx

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.