Earnings

Stock Earnings under Consideration: FedEx Corporation (NYSE:FDX)

Shares of FedEx Corporation (NYSE:FDX) reached at $191.84 during previous trading session. The company has experienced volume of 3,352,327 shares.

FedEx Corporation (NYSE:FDX) on March 22, 2017 reported earnings of $2.07 per diluted share ($2.35 per diluted share on an adjusted basis) for the third quarter ended February 28, compared to earnings of $1.84 per diluted share a year ago ($2.51 per diluted share last year on an adjusted basis).

“Our worldwide FedEx team delivered an outstanding peak season. Even with our highest volumes ever, we achieved record service levels,” said Frederick W. Smith, FedEx Corp. chairman and chief executive officer. “We are confident our strategic investments to expand our global scope and portfolio of solutions position FedEx for greater long-term profitable growth as we adapt to meet the evolving needs of our customers.”

FedEx Corporation (NYSE:FDX) holds the market capitalization of $51.67B along with 266.51M outstanding shares. During the last trade, stock’s minimum price has been reached out at $191.68 while the maximum trading price moved at $193.86. Currently the stock price is moving -3.46% off from the highest level of twelve months and +34.80% above from twelve months low. FedEx Corporation (NYSE:FDX) marked 52-week highest price level of $201.15 on 12/13/16 and 52-week lowest price level of $144.06 on 06/27/16. For the stock, price target value has been calculated at $211.14 based on calls of 22 experts. Stock’s minimum price target estimates has been figured out at $135.00 while the maximum price target forecast is established at $240.00.

As of current trade, FedEx Corporation (NYSE:FDX) has shown weekly upbeat performance of 0.24%. Its six months performance indicated a bullish movement while its yearly performance reflected a positive trend of 17.65%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 3.24%. Shares of FedEx Corporation (NYSE:FDX) currently have an ABR of 1.47, derived from a total of 15 opinions. The company’s price sits 1.76% above from its 50-day moving average of $191.96 and 10.27% above from the stock’s 200-day moving average of $184.24. The company has Relative Strength Index (RSI 14) of 55.58 along with Average True Range (ATR 14) of 2.57. Its weekly and monthly volatility is 1.41%, 1.31% respectively. The company’s beta value is at 1.17.

FedEx Corporation (NYSE:FDX) currently has a PEG ratio of 2.48 where as its P/E ratio is 28.01. The company’s price to sales ratio for trailing twelve months is 0.93 and price to book ratio for most recent quarter is 3.51, whereas price to cash per share for the most recent quarter is 16.71. FedEx Corporation (NYSE:FDX)’s price to free cash flow for trailing twelve months is 86.22. Its quick ratio for most recent quarter is 1.50 along with current ratio for most recent quarter of 1.50. Total debt to equity ratio of the company for most recent quarter is 0.94 whereas long term debt to equity ratio for most recent quarter is 0.93. FedEx Corporation (NYSE:FDX) has a Return on Assets of 4.20%. The company currently has a Return on Equity of 13.00% and Return on Investment of 7.80%.

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