Fedex Stock Today
| FDX Stock | USD 263.37 0.30 0.11% |
Performance5 of 100
| Odds Of DistressLess than 9
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FedEx is trading at 263.37 as of the 19th of April 2024; that is 0.11 percent increase since the beginning of the trading day. The stock's open price was 263.07. FedEx has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for FedEx are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 12th of April 1978 | Category Industrials |
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. FedEx Corporation was founded in 1971 and is based in Memphis, Tennessee. Fedex Corp operates under Integrated Freight Logistics classification in the United States and is traded on New York Stock Exchange. The company has 246.08 M outstanding shares of which 3.44 M shares are currently shorted by investors with about 1.46 days to cover. More on FedEx
Moving together with FedEx Stock
| 0.81 | GVH | Globavend Holdings | PairCorr |
Moving against FedEx Stock
| 0.76 | ATXG | Addentax Group Corp | PairCorr |
| 0.68 | CRGO | Freightos Limited | PairCorr |
| 0.66 | FWRD | Forward Air Financial Report 6th of May 2024 | PairCorr |
| 0.66 | AIRTP | Air T Inc | PairCorr |
| 0.65 | RLGT | Radiant Logistics | PairCorr |
| 0.59 | JBHT | JB Hunt Transport Financial Report 16th of July 2024 | PairCorr |
| 0.56 | HUBG | Hub Group Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 18th of June 2024
FedEx Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FedEx's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FedEx or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, FedEx's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to FedEx's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | John Smith | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [FEDEX - Dusseldorf Stock Exchang, Frontier Diamonds Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Air Freight & Logistics, Integrated Freight & Logistics, Industrials, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, Dow Jones Transportation, Dow Jones Composite, NYSE 100 Index, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Macroaxis Picks, Transportation, Industrials, Air Freight & Logistics, Integrated Freight & Logistics, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering FedEx report their recommendations after researching FedEx's financial statements, talking to executives and customers, or listening in on FedEx's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering FedEx. The FedEx consensus assessment is calculated by taking the average forecast from all of the analysts covering FedEx. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from FedEx's financial statements, FedEx is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of FedEx is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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FedEx's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to FedEx's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. FedEx's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of FedEx's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FedEx's financial leverage. It provides some insight into what part of FedEx's total assets is financed by creditors.
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FedEx (FDX) is traded on New York Stock Exchange in USA. It is located in 942 South Shady Grove Road, Memphis, TN, United States, 38120 and employs 328,000 people. FedEx is listed under Air Freight & Logistics category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 65.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FedEx's market, we take the total number of its shares issued and multiply it by FedEx's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. FedEx runs under Air Freight & Logistics sector within Industrials industry. The entity has 246.08 M outstanding shares of which 3.44 M shares are currently shorted by investors with about 1.46 days to cover.
FedEx has about 6.86 B in cash with 8.81 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.32.
Check FedEx Probability Of Bankruptcy
Ownership AllocationFedEx holds a total of 246.08 Million outstanding shares. The majority of FedEx outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in FedEx to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in FedEx. Please pay attention to any change in the institutional holdings of FedEx as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check FedEx Ownership Details
FedEx Stock Price Odds Analysis
Based on a normal probability distribution, the odds of FedEx jumping above the current price in 90 days from now is about 27.78%. The FedEx probability density function shows the probability of FedEx stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon FedEx has a beta of 0.7435. This usually indicates as returns on the market go up, FedEx average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FedEx will be expected to be much smaller as well. Additionally, fedEx has an alpha of 0.0738, implying that it can generate a 0.0738 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of FedEx to move above the current price in 90 days from now is about 27.78 (This FedEx probability density function shows the probability of FedEx Stock to fall within a particular range of prices over 90 days) .
FedEx Stock Institutional Holders
Institutional Holdings refers to the ownership stake in FedEx that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of FedEx's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing FedEx's value.| Instituion | Recorded On | Shares | |
| Putnam Investments Llc | 2023-12-31 | 2.9 M | |
| Norges Bank | 2023-12-31 | 2.8 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 2.7 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 2.3 M | |
| Northern Trust Corp | 2023-12-31 | 2.3 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 2 M | |
| Legal & General Group Plc | 2023-12-31 | 2 M | |
| Mizuho Markets Americas Llc | 2023-12-31 | 1.9 M | |
| Bank Of America Corp | 2023-12-31 | 1.8 M | |
| Vanguard Group Inc | 2023-12-31 | 18.8 M | |
| Blackrock Inc | 2023-12-31 | 15.5 M |
FedEx Historical Income Statement
FedEx Income Statement is one of the three primary financial statements used for reporting FedEx's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of FedEx revenue and expense. FedEx Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, FedEx's Depreciation And Amortization is fairly stable compared to the past year. EBITDA is likely to rise to about 12 B in 2024, whereas Interest Expense is likely to drop 0.00 in 2024. View More FundamentalsFedEx Stock Against Markets
Picking the right benchmark for FedEx stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FedEx stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FedEx is critical whether you are bullish or bearish towards FedEx at a given time. Please also check how FedEx's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in FedEx without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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FedEx Corporate Directors
FedEx corporate directors refer to members of a FedEx board of directors. The board of directors generally takes responsibility for the FedEx's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of FedEx's board members must vote for the resolution. The FedEx board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Marvin Ellison | Independent Director | Profile | |
| James Barksdale | Independent Director | Profile | |
| Kimberly Jabal | Independent Director | Profile | |
| Brad Martin | Independent Director | Profile |
How to buy FedEx Stock?
Before investing in FedEx, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in FedEx. To buy FedEx stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of FedEx. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase FedEx stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located FedEx stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased FedEx stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as FedEx, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.
Already Invested in FedEx?
The danger of trading FedEx is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FedEx is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FedEx. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FedEx is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether FedEx offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FedEx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fedex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fedex Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.Note that the FedEx information on this page should be used as a complementary analysis to other FedEx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for FedEx Stock analysis
When running FedEx's price analysis, check to measure FedEx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.
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Is FedEx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FedEx. If investors know FedEx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FedEx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 5.04 | Earnings Share 17.33 | Revenue Per Share 350.758 | Quarterly Revenue Growth 0.139 |
The market value of FedEx is measured differently than its book value, which is the value of FedEx that is recorded on the company's balance sheet. Investors also form their own opinion of FedEx's value that differs from its market value or its book value, called intrinsic value, which is FedEx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FedEx's market value can be influenced by many factors that don't directly affect FedEx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FedEx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FedEx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.