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, which equates to a potential upside of 20.16 percent. The lowest price target was 144, implying a possible loss of -30.79 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.55 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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 made negative revisions to their fiscal year's estimates.
The growth rate of FDX's earnings is estimated by analysts to be 23.85 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.