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.
Investment analysts gave a few price targets for FDX. The maximum price target given was 250, which equates to a potential upside of 20.16 percent. The lowest price target was 144, which equates to a potential downside of -30.79 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.15 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
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. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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.
FDX has a 52-week high of 219.99 and a 52-week low of 158.20. Today's price is 31.52 percent above the 52-week low, and 5.42 percent lower than its 52-week high. 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 market cap of FDX is $55.49 billion. FDX will post this quarters earnings in days, on 0000-00-00.