263.60 -0.07 (-0.03%)
After hours: 7:59PM EDT
|Bid||262.00 x 1100|
|Ask||263.60 x 800|
|Day's Range||261.58 - 264.65|
|52 Week Range||203.13 - 274.66|
|PE Ratio (TTM)||16.09|
|Earnings Date||Jun 19, 2018|
|Forward Dividend & Yield||2.60 (0.98%)|
|1y Target Est||288.56|
Earnings out of FedEx and another report on the housing market will be highlights for investors on Tuesday amid a slow week for corporate and economic news.
FedEx (FDX) has a mean rating of 1.83 from analysts surveyed by Thomas Reuters, which reflects a “buy.” Of the 29 analysts covering FedEx stock, 11 (37.8%) have recommended a “strong buy,” Earlier, ten analysts had the same opinion on the company’s shares. For FedEx, 14 analysts (48.3%) have recommended a “buy,” while three analysts (10.4%) have recommended a “hold,” which is down from four analysts earlier. Only one analyst (3.5%) has recommended a “strong sell.”
FedEx Corporation ( FDX), the worldwide package delivery giant, is benefiting from higher shipping rates and from lower corporate taxes. FedEx shares have seen a strong gain of 17% from this low, with the stock above a "golden cross" on its daily chart and with a positive but overbought weekly chart. Analysts expect FedEx to report earnings per share between $5.71 and $5.76 when the company releases results after the closing bell on Tuesday, June 19.
FedEx Corporation (NYSE:FDX) is trading with a trailing P/E of 15.9x, which is lower than the industry average of 20.5x. While this makes FDX appear like a great stock toRead More...
In the fourth quarter, analysts surveyed by Reuters expect FedEx (FDX) to report an adjusted EPS of $5.69. In the same quarter last year, FedEx reported an adjusted EPS of $3.88. Analysts expect the adjusted earnings to rise 46.5% YoY (year-over-year). In 2018 and 2019, analysts expect FedEx to earn an adjusted EPS of $15.12 and $17.43 respectively, which is ~22.8% and 15.3% growth YoY.
The Zacks Analyst Blog Highlights: FedEx, Expeditors International of Washington, GATX and SkyWest
While cryptocurrencies like bitcoin are falling in value, the authors of the Blockchain Revolution insist its day has just begun. Don Tapscott and his son Alex, who co-authored the book, then founded the Blockchain Research Institute around it, are about to release an update, making this a good time to see where the revolution stands. A blockchain is simple in concept.
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The fourth annual European Central Bank Forum on Central Banking is set to to take place over the next three days in Sintra, Portugal, on the theme of price and wage setting in advanced economies. Speakers ...
CNBC's Jim Cramer admits that tariffs and interest rates have made investing harder ahead of what looks to be a positive week of earnings reports. "Many bulls were heartened that the stock market clawed its way back up and at one time was almost even, despite the tariffs. On Monday, Cramer expected Washington's "tit-for-tat tariff situation" with Beijing to come into focus after President Donald Trump Friday statement in which he revealed plans to place tariffs on up to $50 billion worth of Chinese goods.
In the fourth quarter, analysts expect FedEx (FDX) to deliver an operating margin of 11.5%. In the same quarter last year, the company reported an operating margin of 11.2%, which shows that analysts expect the fourth-quarter margins to improve by 30 basis points. FedEx usually witnesses lower operating margins in the first three quarters of the year. The margins usually increase sharply in the fourth quarter.
FedEx has once again asked for an extension to start cargo service to Cuba. Memphis-based logistics and delivery giant FedEx Corp. got approval from the Department of Transportation (DOT) in July 2016 as the first all-cargo airline to begin scheduled flights to Cuba. The company was originally set to start its Monday through Friday flights from Miami to Matanzas/Varadero (VRA) in April 2017, but the DOT granted FedEx an extension that pushed the launch date back to October 2017.
Jim Cramer admits that tariffs and interest rates have made investing harder ahead of what looks to be a positive week of earnings reports.