Briefing From The Editor -- FDX Stock

By Susan Ramirez • Wednesday, August 09 12:12 • Permanent Link

Large-cap Consumer Discretionary company FedEx has moved -0.8% so far today on a volume of 425,457, compared to its average of 2,086,774. In contrast, the S&P 500 index moved -1.0%.

FedEx trades 1.84% away from its average analyst target price of $261.31 per share. The 29 analysts following the stock have set target prices ranging from $180.0 to $310.0, and on average have given FedEx a rating of buy.

Anyone interested in buying FDX should be aware of the facts below:

FedEx's current price is 69.9% above its Graham number of $156.64, which implies that at its current valuation it does not offer a margin of safety
FedEx has moved 17.0% over the last year, and the S&P 500 logged a change of 7.0%
Based on its trailing earnings per share of 15.47, FedEx has a trailing 12 month Price to Earnings (P/E) ratio of 17.2 while the S&P 500 average is 15.97
FDX has a forward P/E ratio of 12.3 based on its forward 12 month price to earnings (EPS) of $21.6 per share
The company has a price to earnings growth (PEG) ratio of 3.21 — a number near or below 1 signifying that FedEx is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 2.56 compared to its sector average of 3.12
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally.
Based in Memphis, the company has 328,000 full time employees and a market cap of $66.85 Billion. FedEx currently returns an annual dividend yield of 1.8%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.