FedEx Corporation (FDX) EPS Estimated At $3.77

September 8, 2018 - By Lisa Delgado

FedEx Corporation (NYSE:FDX) LogoInvestors sentiment decreased to 1 in Q1 2018. Its down 0.21, from 1.21 in 2017Q4. It is negative, as 58 investors sold FedEx Corporation shares while 414 reduced holdings. 113 funds opened positions while 359 raised stakes. 192.41 million shares or 0.69% less from 193.75 million shares in 2017Q4 were reported.
Cypress Cap invested 0.07% of its portfolio in FedEx Corporation (NYSE:FDX). James Inv Research has invested 0.43% in FedEx Corporation (NYSE:FDX). F&V Capital Mngmt Lc invested in 4.66% or 35,535 shares. Bluestein R H & accumulated 2,219 shares. Portland Global Advisors Lc accumulated 15,588 shares. First Dallas Secs invested in 6,357 shares or 1% of the stock. Rothschild Corp Il accumulated 4,515 shares. 32,684 are held by Neville Rodie Shaw. Bingham Osborn Scarborough Limited Liability Corporation has invested 0.04% in FedEx Corporation (NYSE:FDX). Moreover, Westwood Mngmt Il has 4.02% invested in FedEx Corporation (NYSE:FDX). Roundview Capital Ltd Liability Co stated it has 22,680 shares or 1.53% of all its holdings. Wunderlich Cap Managemnt has 14,458 shares. Synovus Financial invested in 0.02% or 3,902 shares. Ubs Asset Mgmt Americas, Illinois-based fund reported 803,669 shares. First Republic Investment Inc holds 81,508 shares or 0.15% of its portfolio.

Since April 18, 2018, it had 0 buys, and 2 insider sales for $32.86 million activity. On Wednesday, April 18 the insider WALSH PAUL S sold $1.12 million.

Analysts expect FedEx Corporation (NYSE:FDX) to report $3.77 EPS on September, 17 after the close.They anticipate $1.26 EPS change or 50.20 % from last quarter’s $2.51 EPS. FDX’s profit would be $996.93 million giving it 16.31 P/E if the $3.77 EPS is correct. After having $5.91 EPS previously, FedEx Corporation’s analysts see -36.21 % EPS growth. The stock increased 0.18% or $0.43 during the last trading session, reaching $245.97. About 1.22M shares traded. FedEx Corporation (NYSE:FDX) has risen 29.10% since September 8, 2017 and is uptrending. It has outperformed by 16.53% the S&P500.

FedEx Corporation (NYSE:FDX) Ratings Coverage

Among 9 analysts covering FedEx (NYSE:FDX), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. FedEx has $315 highest and $240 lowest target. $275.38’s average target is 11.96% above currents $245.97 stock price. FedEx had 14 analyst reports since March 15, 2018 according to SRatingsIntel. The company was maintained on Wednesday, March 21 by Susquehanna. Robert W. Baird maintained the shares of FDX in report on Thursday, March 15 with “Outperform” rating. The stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by Citigroup on Thursday, June 7. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, June 4 report. As per Wednesday, March 21, the company rating was upgraded by Stifel Nicolaus. Credit Suisse maintained FedEx Corporation (NYSE:FDX) on Wednesday, June 20 with “Outperform” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, June 20. The stock has “Buy” rating by Credit Suisse on Wednesday, March 21. On Wednesday, March 21 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Oppenheimer maintained it with “Buy” rating and $28200 target in Wednesday, May 16 report.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $65.04 billion. The companyÂ’s FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows clients to track and manage imports. It has a 14.65 P/E ratio. This segment also publishes customs duty and tax information; and offers transportation management and temperature-controlled transportation services.

More important recent FedEx Corporation (NYSE:FDX) news were published by: Finance.Yahoo.com which released: “FedEx (FDX) Grapples With Trade War Tension: Time to Dump?” on August 24, 2018, also Investorplace.com published article titled: “7 Pro-Labor Stocks to Buy”, Seekingalpha.com published: “FedEx: I Take A Bullish View” on August 22, 2018. More interesting news about FedEx Corporation (NYSE:FDX) was released by: Seekingalpha.com and their article: “Oppenheimer assesses FedEx after management meeting” with publication date: August 15, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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