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 most optimistic analyst gave a price target of 250, which equates to a potential upside of 20.16 percent. The most pessimistic price target was 144, implying potential capital losses of -30.79 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.16 percent on average, compared to last month. That number becomes 1.63 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.15 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.55 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
The growth rate of FDX's earnings is estimated by analysts to be 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. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of FDX is 0.79.
In the trailing 52-weeks, FDX hit 219.99 at the highest peak, while it's lowest trading point was 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.