Shares of FedEx have moved -1.9% today, and are now trading at a price of $223.71. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 1,038,134 compared to the stock's average volume of 2,030,880.
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally. Based in Memphis, United States the company has 306,000 full time employees and a market cap of $53,600,096,256. FedEx currently offers its equity investors a dividend that yields 2.4% per year.
The company is now trading -18.69% away from its average analyst target price of $275.13 per share. The 31 analysts following the stock have set target prices ranging from $200.0 to $354.0, and on average give FedEx a rating of buy.
Over the last 12 months FDX shares have declined by -8.3%, which represents a difference of -19.7% when compared to the S&P 500. The stock's 52 week high is $313.84 per share and its 52 week low is $194.3. Based on FedEx's average net margin growth of 30.5% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 87,693,000 | 4,331,000 | 5 | 25.0 |
| 2022 | 90,155,000 | 3,972,000 | 4 | 0.0 |
| 2021 | 93,512,000 | 3,826,000 | 4 | -33.33 |
| 2020 | 83,959,000 | 5,231,000 | 6 | 200.0 |
| 2019 | 69,217,000 | 1,286,000 | 2 | 100.0 |
| 2018 | 69,693,000 | 540,000 | 1 |
