Spotlight On FedEx Corporation’s (NYSE:FDX) Fundamentals
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on FedEx Corporation (NYSE:FDX) due to its excellent fundamentals in more than one area. FDX is a well-regarded dividend-paying company with a an impressive track record of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on FedEx here.
Solid track record average dividend payer
Over the past few years, FDX has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. This illustrates a strong track record, leading to a satisfying return on equity of 23.63%, which is an optimistic signal for the future.
FDX is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For FedEx, I’ve compiled three relevant aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for FDX’s future growth? Take a look at our free research report of analyst consensus for FDX’s outlook.
Financial Health: Is FDX’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of FDX? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
