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.
Several price targets were given for FDX by the analysts covering the stock. The most optimistic analyst gave a price target of 250, implying potential capital gains of 20.16 percent. The most pessimistic analyst gave a price target of 144, implying a possible loss of -30.79 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.16 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.63 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.15 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.55 percent.
People are often interested in whether analysts were united in the direction of their 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, while 1 analysts decreased their estimates.
The growth rate of FDX's earnings is estimated by analysts to be 23.85 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of FDX is 0.79.
FDX has a 52-week high of 219.99 and a 52-week low of 158.20. Currently the stock is 31.52 percent higher than its low, and below the high by 5.42 percent. FDX has a price/earnings 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 stock has a market capitalization of $55.49 billion. FDX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.