Large-cap Consumer Discretionary company FedEx has logged a 1.3% change today on a trading volume of 515,160. The average volume for the stock is 2,120,340.
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. Based in Memphis, United States the company has 345,000 full time employees and a market cap of $58,532,339,712. FedEx currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -4.35% away from its average analyst target price of $243.46 per share. The 26 analysts following the stock have set target prices ranging from $145.0 to $305.0, and on average give FedEx a rating of buy.
Over the last year, FDX shares have gone up 12.8%, which represents a difference of 22.0% when compared to the S&P 500. The stock's 52 week high is $248.76 per share whereas its 52 week low is $141.92. With its gross margins declining an average 0.0% over the last four years, FedEx may not have a strong enough business to maintain this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-05-31 | 93,512,000 | 73,345,000 | 21.57 | 0.89 |
| 2021-05-31 | 83,959,000 | 66,005,000 | 21.38 | 10.89 |
| 2020-05-31 | 69,217,000 | 55,873,000 | 19.28 | -9.36 |
| 2019-05-31 | 69,693,000 | 54,866,000 | 21.27 | n/a |
