|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||241.50 - 248.14|
|52 Week Range||203.13 - 274.66|
|PE Ratio (TTM)||14.40|
|Earnings Date||Sep 18, 2018|
|Forward Dividend & Yield||2.60 (1.05%)|
|1y Target Est||288.76|
Now, we’ll turn to FedEx’s (FDX) Ground segment’s fourth-quarter results. The vertical’s revenues grew 11.7% YoY (year-over-year) to $4.7 billion from $4.2 billion in the fourth quarter. With a 27.7% share in FedEx’s total revenues before eliminations, the Ground segment remains the second-largest contributor to total revenues. FedEx Ground segment’s double-digit revenue growth was fueled by average daily package volume growth and increased base rates.
In this article, we’ll consider FedEx’s (FDX) Express segment’s performance in the fourth quarter. In the last quarter of fiscal 2018, the vertical posted revenues of $9.6 billion compared to $8.8 billion in the fourth quarter of fiscal 2017, which signifies a YoY (year-over-year) increase of 8.8%. The segment remains the largest contributor to FedEx’s total revenues, accounting for 55.4% of revenues in the fourth quarter. FedEx Express revenue breakup
We’ll begin this series with a discussion on FedEx’s (FDX) fourth-quarter revenues. The company reported revenues of $17.3 billion in the fourth quarter, which narrowly beat analysts’ estimate. In the corresponding quarter of 2017, FedEx’s revenues stood at $15.7 billion, which translates into 10% YoY (year-over-year) growth in the fourth quarter. The better-than-expected revenue growth was a result of higher volumes, lower taxes, and better yields. Total revenues for fiscal 2018 were $65.5 billion, up 8.6% YoY from $60.3 billion in 2017.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between FedEx Corporation (NYSE:FDX)’s fundamentals andRead More...
said it plans to increase capital spending in 2020, mostly through investments in its air delivery business amid a strong outlook for the segment. Air cargo demand rose 9% last year, the strongest growth since 2010, according to the International Air Transport Association. FedEx is betting that this trend will continue.
Alibaba Group Holding • BABA-NYSE Buy • Price $204.33 on June 19 by MKM Partners We think Alibaba is years ahead of any competitor in driving digital commerce forward. Of greater consequence is Alibaba’s foray into digitizing offline commerce, which we think is even further ahead and has potential to multiply Alibaba’s addressable market. Oracle • ORCL-NYSE Outperform • Price $46.27 on June 10 by Evercore ISI Oracle delivered solid fiscal fourth-quarter results and fiscal-year 2019 guidance of double-digit earnings growth as a positive, but this was largely overshadowed by Oracle’s decision to change its reporting structure and provide less visibility into its cloud growth.
US-based global parcel delivery company FedEx (FDX) released its fiscal Q4 2018 earnings after market hours on June 19. The company exceeded Thomson Reuters surveyed analysts’ adjusted EPS estimate by 3.6%. FedEx’s adjusted EPS in the fourth quarter came in at $5.91 against the analysts’ expectations of $5.69. Compared with adjusted EPS of $4.25 in the fourth quarter of fiscal 2017, the company’s EPS was up 39% YoY (year-over-year) in the fourth quarter.
Nasdaq has biggest one-day drop since AprilThe Nasdaq Composite has gained 12% so far this year. U.S. stocks closed solidly lower on Thursday, with major indexes suffering one of their worst sessions of the month and the Dow Jones Industrial Average extending its losing streak to an eighth day as fears of a potential global trade war continued to weigh on investor sentiment. The Dow Jones Industrial Average (^DJI) fell 196.1 points, or 0.8%, to end at 24,461.70.
To receive further updates on this FedEx (NYSE:FDX) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of SlingShot Trader today. As with several other companies this month, FDX warned that a trade war and protectionism will hurt the U.S. consumer and business economy. If a trade war with China, Canada, Mexico and the EU accelerates, it would be a bad thing for transportation and shipping companies.
With Amazon setting new expectations for consumers, Shippo aims to help other retailers compete with customers' hunger for fast, free shipping.
Chicago-based Gateway Industrial Properties has purchased Airport Distribution Center, a five-building industrial portfolio totaling 764,582 square feet near PTI Airport for $32.175 million from Somerset Properties and Thackeray Partners.
LONDON, UK / ACCESSWIRE / June 21, 2018 / Active-Investors has a free review on FedEx Corp. (FDX) following the Company's announcement that it will begin trading ex-dividend on June 22, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on June 21, 2018. Active-Investors has initiated due-diligence on this dividend stock.
FedEx Awards $100,000 in Cash and Prizes to Top Ten Winners of its First-Ever Canadian Small Business Grant Contest
The large FedEx subsidiary run by Richard Smith is engaged in talks to move its headquarters to Downtown's Gibson Guitar building.
Escalating trade tensions between Washington and Beijing may have sent tremors across the U.S. stock market but short-sellers are taking the opportunity to boost bearish bets against U.S. companies exposed to a full-blown trade war. Planemaker Boeing (BA.N), automaker General Motors (GM.N), casino operator Las Vegas Sands (LVS.N), package delivery company FedEx Corp (FDX.N) and agricultural trader Bunge Ltd (BG.N) - companies that could feel the pain from growing trade tensions with China - have drawn a noticeable pickup in shorting activity this month, according to financial analytics firm S3 Partners. "I think the change in short interest is directly related to the increase in trade tensions," said Ihor Dusaniwsky, head of research at S3 in New York.
Escalating trade tensions between Washington and Beijing may have sent tremors across the U.S. stock market but short-sellers are taking the opportunity to boost bearish bets against U.S. companies exposed to a full-blown trade war. Planemaker Boeing, automaker General Motors, casino operator Las Vegas Sands, package delivery company FedEx Corp and agricultural trader Bunge Ltd - companies that could feel the pain from growing trade tensions with China - have drawn a noticeable pickup in shorting activity this month, according to financial analytics firm S3 Partners. "I think the change in short interest is directly related to the increase in trade tensions," said Ihor Dusaniwsky, head of research at S3 in New York.
Boeing stock rose after announcing a $6.6 billion deal to deliver 12 767 and a further 12 777 freighters cargo giant FedEx, amid surging air cargo demand.
The forward dividend yield considers the latest quarterly dividend payment. The forward dividend yield is annualized over the next year. Parcel delivery companies like FedEx (FDX) and UPS (UPS) usually have a higher dividend yield compared with the other road transportation stocks.
FedEx (FDX) reported an adjusted diluted EPS of $15.31 in fiscal 2018. On an annualized basis, the quarterly dividend of $0.65 accounts for $2.60 per share, which translates into a dividend payout ratio of 17%. FedEx’s current dividend payout is much lower than UPS’s (UPS) dividend payout ratio of 54%. FedEx has grown its dividend payout ratio consistently in the last few quarters.
Lindsey Bell, CFRA Research Investment Strategist, talks about how US and international companies are reacting to the threat of a trade war