|Bid||156.44 x 30000|
|Ask||157.74 x 30000|
|Day's Range||156.56 - 156.56|
|52 Week Range||133.50 - 213.78|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||77.12|
|Forward Dividend & Yield||2.35 (1.50%)|
|1y Target Est||N/A|
FedEx reports its quarterly results on Tuesday—and good luck trying to predict how the stock will react. Long-term investors shouldn’t fret.
FedEx says it will increase shipping rates at its express unit by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services beginning Jan. 6.
Shipping rates at FedEx's freight unit will increase by an average of 5.9% for shipments within the U.S. and between U.S. and Canada. The company said it would not apply additional residential surcharges during the holiday season, except for certain shipments, following a similar move by rival United Parcel Service Inc last month.
FedEx Corp. is expected to report adjusted net income of $828 million, or $3.16 a share, on sales of $17.1 billion after the market closes on Tuesday, based on a FactSet survey of 22 analysts. FedEx is currently trading at a price-to-forward-earnings ratio of 11.5 based on the 12-month estimates of 25 analysts surveyed by FactSet. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
FedEx is slated to report earnings after the market closes on Tuesday. JPMorgan is upbeat about the coming quarterly results—but isn’t ready to recommend buying the stock.
FedEx Corp. is due to report its latest quarterly results Tuesday. In this daily bar chart of FDX, below, we can see that prices have lost ground the past 12 months but there has been some stability since early June with FDX holding the $150 area on the downside and the $180 area keeping a lid on gains. The On-Balance-Volume (OBV) line shows a slight improvement from the June low and the Moving Average Convergence Divergence (MACD) oscillator is back above the zero line for an outright go long signal.
The U.S. Justice Department on behalf of the Commerce Department has asked the U.S. District Court in the District of Columbia to drop a lawsuit filed against it by FedEx Corp . (NYSE: FDX ), challenging ...
Analysts expect FedEx (FDX) to disappoint investors again when it reports its fiscal 2020 first-quarter earnings results on September 17.
FedEx stock has lagged the market this year, but Bernstein argues that the logistics giant can meet or exceed fiscal-first-quarter expectations. However, the real question is when the logistics giant will flex its muscles, says the firm.
Amazon Air (NASDAQ: AMZN) began flights to and from Ted Stevens Anchorage International Airport (ANC) on June 27. ANC occupies a key point along the "great circle" between Asia and the Lower 48. As an e-commerce leader, Amazon has the information technology infrastructure to handle all of the web traffic involving buyers and sellers of millions of stock keeping units (SKUs).
Investors in transportation and logistics companies have been fearing the worst about e-commerce trends. One worry is that (AMZN) will deliver more of its own packages, stealing volume from traditional shipping companies. United Parcel Service (UPS) shares have fared better, up more than 24% year to date, but UPS stock is still down 1% over the past 12 months versus a 3% gain of the Dow.
More than a year ago, Henry E. Seaton, one of the country's most prominent transportation attorneys, published a 23-page paper titled "The New E-Commerce/Home Delivery Retail Distribution Paradigm." In it, Seaton highlighted the "unresolved" legal issues surrounding the final-mile delivery segment. This included the lack of experienced and "truly independent" carriers willing to execute rapid-fire deliveries at the rock-bottom rates that retailers demand, and the absence of federal safety oversight over vehicles that weigh less than 10,001 pounds gross vehicle weight (GVW), which is the sum of vehicle and cargo weight. In addition, the legal strategy of using independent delivery providers to insulate retailers against various forms of legal liability can be "problematic" when the retailer's footprints are all over the delivery operation and the provider is undercapitalized and difficult to vet from financial and safety standpoints, Seaton wrote.
Amazon.com is investing heavily in its own logistics network to make one-day shipping a reality. Counterintuitively, that should help United Parcel Service and FedEx.
FedEx Corp on Tuesday said it correctly handled a package containing restricted types of knives that was bound for Hong Kong after China's state-run Xinhua news agency, citing sources, said the package was suspected of being handled illegally. Xinhua did not provide further details about the package, including its would-be recipients. "The shipment in question was handled correctly via standard security protocol," FedEx said in a statement.
FedEx Corp's China unit is suspected of illegally delivering items described as "knife tools" in a parcel bound for Hong Kong, China's state-run Xinhua news agency reported on Tuesday citing authorities. The company is being investigated by police in southeast China's Fujian province over a FedEx parcel sent from the United States found to contain a pistol. The U.S. package delivery firm is under scrutiny in China on suspicion it illegally held back more than 100 Huawei Technologies Co Ltd packages after the United States in May placed the Chinese telecoms giant on a blacklist that effectively blocks U.S. firms from doing business with it.
Amazon’s recent breakup with longtime shipping partner FedEx shows how far the e-commerce giant has come in creating its own delivery network.
On CNBC's "Fast Money Halftime Report," Pete Najarian said he noticed some call options buying in FedEx Corporation (NYSE: FDX) when the stock was trading at around $150. Pete Najarian bought the Sept. $162.50 calls and he is going to hold them for a month. Around 22,000 contracts of the Sept. $40 calls in SPDR S&P Retail (NYSE: XRT) were traded for 22 cents, said Pete Najarian.
The e-commerce revolution has boosted package shipments, but UPS earnings growth has been sluggish amid heavy investments. With Amazon a rising threat, is UPS stock a buy right now?
FedEx Freight, the less-than-truckload (LTL) unit of FedEx Corp. (NYSE: FDX) has expanded its final-mile delivery operation, "FedEx Freight Direct," to 19 U.S. markets. The service is available at residential and business locations.
Trump told those shippers and online retailer Amazon.com Inc to decline deliveries of the synthetic opioid from China, which on Friday announced new retaliatory tariffs on a swath of U.S. goods. "I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE all deliveries of Fentanyl from China (or anywhere else!)," Trump said on Twitter.
The President tweeted in part, "Our great American companies are hereby ordered to immediately start looking for an alternative to China." Yahoo Finance's Zack Guzman and Jessica Smith discuss how businesses are responding.