|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||245.65 - 251.80|
|52 Week Range||203.13 - 274.66|
|PE Ratio (TTM)||14.69|
|Earnings Date||Sep 18, 2018|
|Forward Dividend & Yield||2.60 (1.05%)|
|1y Target Est||288.76|
Lindsey Bell, CFRA Research Investment Strategist, talks about how US and international companies are reacting to the threat of a trade war
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.
FedEx (FDX) announced a 30% increase in its quarterly cash dividend on June 11. The quarterly cash dividend of $0.65 per share is payable on July 9 to stockholders of record at the close of business on June 25.
stock is taking off again after announcing a deal with FedEx Corp. Shares of the world's largest aircraft manufacturer rose on Wednesday, June 20, after FedEx Express, a division of the package delivery company, inked a $6.6 billion deal on Tuesday with the Chicago-based aerospace company for 24 medium and large freighters. Meanwhile, FedEx shares fell 1.9% to $253.34 as the order will increase the company's capital expenditures in 2020 and 2021 due to incremental aircraft deliveries.
Amazon (NASDAQ:AMZN) CEO Jeff Bezos is currently embroiled in a labor dispute with the employees of the Washington Post over higher pay. President Donald Trump is loving every minute of it. “We found that the companies most successful at maintaining profitable growth over the long term were disproportionately companies where the founder was still running the business,” stated Chris Zook, Bain & Company.
Among the companies with shares expected to trade actively in Wednesday's session are 21st Century Fox, Walt Disney, AT&T, Ford and Starbucks.
FedEx Corporation (NYSE: FDX ) reported Tuesday after the close with above-consensus non-GAAP earnings per share and in-line revenue for the fiscal fourth quarter. The Analyst Bernstein analyst David Vernon ...
FedEx's (FDX) results in Q4 ride high on rise in base rates, volume growth and a favorable net impact of fuel across all transportation segments.