Key Insights into FedEx - A Stock Overview

By Chris Stiles • Tuesday, November 11 15:18 • Permanent Link

FedEx logged a 6.3% change during today's afternoon session, and is now trading at a price of $269.84 per share. The S&P 500 index moved 0.0%. FDX's trading volume is 2,434,406 compared to the stock's average volume of 1,892,223.

FedEx trades 0.05% away from its average analyst target price of $269.71 per share. The 28 analysts following the stock have set target prices ranging from $200.0 to $320.0, 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 29.1% above its Graham number of $209.04, which implies that at its current valuation it does not offer a margin of safety
FedEx has moved -11.6% over the last year, and the S&P 500 logged a change of 14.2%
Based on its trailing earnings per share of 17.06, FedEx has a trailing 12 month Price to Earnings (P/E) ratio of 15.8 while the S&P 500 average is 29.3
FDX has a forward P/E ratio of 11.9 based on its forward 12 month price to earnings (EPS) of $22.75 per share
Its Price to Book (P/B) ratio is 2.29 compared to its sector average of 2.93
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally.
Based in Memphis, the company has 300,000 full time employees and a market cap of $63.67 Billion. FedEx currently returns an annual dividend yield of 2.2%.

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.