Fedex Corp (FDX) is heading in the right direction with an average volume of $1.72M

Fedex Corp (NYSE: FDX) open the trading on Wednesday, with a bit cautious approach as it glided -0.22% to $292.84, before settling in for the price of $293.48 at the close. Taking a more long-term approach, FDX posted a 52-week range of $224.69-$313.84.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 5.13%. Meanwhile, its Annual Earning per share during the time was 53.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.50%. This publicly-traded company’s shares outstanding now amounts to $244.30 million, simultaneously with a float of $224.11 million. The organization now has a market capitalization sitting at $71.73 billion. At the time of writing, stock’s 50-day Moving Average stood at $294.00, while the 200-day Moving Average is $265.71.

Fedex Corp (FDX) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Integrated Freight & Logistics industry. Fedex Corp’s current insider ownership accounts for 8.51%, in contrast to 83.32% institutional ownership. According to the most recent insider trade that took place on Jul 18 ’24, this organization’s EVP/Chief Customer Officer sold 1,958 shares at the rate of 310.43, making the entire transaction reach 607,822 in total value, affecting insider ownership by 19,937. Preceding that transaction, on Jul 17 ’24, Company’s EVP CDI Off & CTO/CEO FDW sold 8,421 for 310.14, making the whole transaction’s value amount to 2,611,718. This particular insider is now the holder of 12,246 in total.

Fedex Corp (FDX) Earnings and Revenue Records

Fedex Corp’s EPS increase for this current 12-month fiscal period is 18.50% and is forecasted to reach 24.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.63% through the next 5 years, which can be compared against the 53.32% growth it accomplished over the previous five years trading on the market.

Fedex Corp (NYSE: FDX) Trading Performance Indicators

Let’s observe the current performance indicators for Fedex Corp (FDX). It’s Quick Ratio in the last reported quarter now stands at 1.32. The Stock has managed to achieve an average true range (ATR) of 5.10. Alongside those numbers, its PE Ratio stands at $16.99, and its Beta score is 1.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.82. Similarly, its price to free cash flow for trailing twelve months is now 22.87.

In the same vein, FDX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 17.24, a figure that is expected to reach 4.92 in the next quarter, and analysts are predicting that it will be 24.41 at the market close of one year from today.

Technical Analysis of Fedex Corp (FDX)

[Fedex Corp, FDX] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 54.24% While, its Average True Range was 4.77.

Raw Stochastic average of Fedex Corp (FDX) in the period of the previous 100 days is set at 70.39%, which indicates a major rise in contrast to 67.91% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 12.16% that was lower than 29.26% volatility it exhibited in the past 100-days period.