Analyst Ratings for FedEx Corp. (FDX)Updated: 2017-07-28
Analysts covering FedEx Corp. (NYSE:FDX) have given it a consensus rating of Buy. Last month, FDX received an average rating of Buy.
19 analysts declared FDX a buy, 3 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
FDX was given price targets by several analysts. The highest price target was 250, implying a possible profit of 20.16 percent. The most pessimistic price target was 144, implying a possible loss of -30.79 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.16 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.63 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.15 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.55 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of FDX to grow at a rate of 23.85 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. FDX has a PEG ratio of 0.79.
In the last 52-weeks, FDX has achieved a high of 219.99 and a low of 158.20. Today's price is 31.52 percent above the 52-week low, and below the high by 5.42 percent. FDX has a P/E ratio of 18.8. Investors typically compare the P/E ratio to a company's peers in the industry. The FDX value stock report compares FDX to some of its peers using value stock charts. The market cap of FDX is $55.49 billion. FDX's next earnings release will be on 0000-00-00, which is days away.