Fedex Stock Today

FDX
 Stock
  

USD 233.81  6.28  2.62%   

Market Performance
1 of 100
Odds Of Distress
Less than 42
Fedex Corp is trading at 233.81 as of the 29th of June 2022; that is -2.62 percent decrease since the beginning of the trading day. The stock's open price was 240.09. Fedex Corp has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Fedex Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of July 2021 and ending today, the 29th of June 2022. Click here to learn more.
CUSIP
31304N107
Fiscal Year End
May
Business Domain
Transportation
IPO Date
12th of April 1978
Category
Industrials
Classification
Industrials
ISIN
US31428X1063
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company 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 264.97 M outstanding shares of which 3.34 M shares are currently shorted by investors with about 1.42 days to cover. More on Fedex Corp

Moving against Fedex Corp

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Fedex Corp 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Fedex Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fedex Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fedex Corp has very high historical volatility over the last 90 days
About 74.0% of the company shares are owned by institutional investors
Latest headline from www.thestreet.com: FedEx - TheStreet
ESG SustainabilitySome 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 Corp's sustainability indicators can be used to identify a proper investment strutegies using environmental, social, and governance scores that are crucial to Fedex Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJohn Smith
Fama & French Classification
Average Analyst Recommendation
Analysts covering Fedex Corp report their recommendations after researching Fedex Corp's financial statements, talking to executives and customers, or listening in on Fedex Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Fedex Corp. The Fedex consensus assessment is calculated by taking the average forecast from all of the analysts covering Fedex Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Fedex Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Fedex Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares243.7 M238.8 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted330 M308.2 M
Notably Up
Decreasing
Stable
Net Cash Flow from Operations9.3 B11.7 B
Significantly Down
Increasing
Slightly volatile
Total Assets78.5 B95.2 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities53.9 B67.4 B
Significantly Down
Increasing
Slightly volatile
Current Assets19.9 B23.7 B
Fairly Down
Increasing
Slightly volatile
Current Liabilities13 B15.7 B
Significantly Down
Increasing
Slightly volatile
Total Debt45.2 B41.9 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.05390.0585
Significantly Down
Decreasing
Slightly volatile
Gross Margin0.560.56
Steady
Decreasing
Slightly volatile
Asset Turnover1.030.93
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Fedex Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Fedex Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fedex Corp'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 Corp'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 Corp'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.
N/A ( Average Bond Rating ) Not Rated
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 Corp's financial leverage. It provides some insight into what part of Fedex Corp's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Fedex Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Fedex Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Fedex Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 37.35 B in debt with debt to equity (D/E) ratio of 1.52, which is OK given its current industry classification. Fedex Corp has a current ratio of 1.36, which is typical for the industry and considered as normal. Debt can assist Fedex Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Fedex Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fedex Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fedex to invest in growth at high rates of return. When we think about Fedex Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

9.34 BillionShare
Fedex Corp (FDX) is traded on New York Stock Exchange in USA. It is located in 942 South Shady Grove Road, Memphis, TN 38120, United States and employs 384,000 people. Fedex Corp is listed under Transportation category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 64.45 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fedex Corp's market, we take the total number of its shares issued and multiply it by Fedex Corp'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 these looking for more risk prefer small-cap and mid-cap equities. Fedex Corp runs under Industrials sector within Integrated Freight & Logistics industry. The entity has 264.97 M outstanding shares of which 3.34 M shares are currently shorted by investors with about 1.42 days to cover. Fedex Corp has about 6.06 B in cash with 9.07 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 23.4.
Check Fedex Corp Probability Of Bankruptcy
Ownership
Fedex Corp retains a total of 264.97 Million outstanding shares. The majority of Fedex Corp 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 Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fedex Corp. Please pay attention to any change in the institutional holdings of Fedex Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Fedex Ownership Details

Fedex Stock Price Odds Analysis

What are Fedex Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Fedex Corp jumping above the current price in 90 days from now is about 5.37%. The Fedex Corp probability density function shows the probability of Fedex Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2388. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Fedex Corp will likely underperform. Additionally, the company has an alpha of 0.3095, implying that it can generate a 0.31 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 233.81HorizonTargetOdds Above 233.81
94.57%90 days
 233.81 
5.37%
Based on a normal probability distribution, the odds of Fedex Corp to move above the current price in 90 days from now is about 5.37 (This Fedex Corp 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 Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fedex Corp'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 Corp's value.
InstituionSecurity TypeTotal SharesValue
Vanguard Group IncCommon Shares18.8 M4.3 B
Dodge CoxCommon Shares17.3 MB
Susquehanna International Group LlpPut Options1.9 M436.5 M
Susquehanna International Group LlpCall Options1.9 M430.3 M
View Fedex Corp Diagnostics

Fedex Corp Historical Income Statement

Fedex Corp 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 Corp revenue and expense. Fedex Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Fedex Corp Consolidated Income is fairly stable at the moment as compared to the past year. Fedex Corp reported Consolidated Income of 6.02 Billion in 2021. Earning Before Interest and Taxes EBIT is likely to rise to about 9.3 B in 2022, whereas Direct Expenses is likely to drop slightly above 26.6 B in 2022. View More Fundamentals

Fedex Stock Against Markets

Picking the right benchmark for Fedex Corp 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 Corp 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 Corp is critical whether you are bullish or bearish towards Fedex Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fedex Corp without increasing your portfolio risk or giving up 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.

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Fedex Corp Corporate Directors

Fedex Corp corporate directors refer to members of a Fedex Corp board of directors. The board of directors generally takes responsibility for the Fedex Corp'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 Corp's board members must vote for the resolution. The Fedex Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Marvin Ellison - Independent DirectorProfile
James Barksdale - Independent DirectorProfile
Kimberly Jabal - Independent DirectorProfile
Brad Martin - Independent DirectorProfile

Investing Fedex Corp

You need to understand the risk of investing before taking a position in Fedex Corp. The danger of trading Fedex Corp 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 Corp 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 Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fedex Corp 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.
Please check Investing Opportunities. Note that the Fedex Corp information on this page should be used as a complementary analysis to other Fedex Corp'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Fedex Corp price analysis, check to measure Fedex Corp'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 Corp is operating at the current time. Most of Fedex Corp's value examination focuses on studying past and present price action to predict the probability of Fedex Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fedex Corp's price. Additionally, you may evaluate how the addition of Fedex Corp to your portfolios can decrease your overall portfolio volatility.
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Is Fedex Corp'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 Corp. 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 Corp 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 YOY
-0.69
Market Capitalization
62.2 B
Quarterly Revenue Growth YOY
0.081
Return On Assets
0.0429
Return On Equity
0.16
The market value of Fedex Corp 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 Corp's value that differs from its market value or its book value, called intrinsic value, which is Fedex Corp'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 Corp's market value can be influenced by many factors that don't directly affect Fedex Corp'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 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Fedex Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fedex Corp'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.