On Friday, Fedex Corp (NYSE: FDX) opened higher 0.05% from the last session, before settling in for the closing price of $274.26. Price fluctuations for FDX have ranged from $224.69 to $313.84 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Industrials Sector giant was 5.13%. Company’s average yearly earnings per share was noted 11.53% at the time writing. With a float of $223.50 million, this company’s outstanding shares have now reached $244.30 million.
Let’s determine the extent of company efficiency that accounts for 430000 employees. In terms of profitability, gross margin is 22.44%, operating margin of 6.38%, and the pretax margin is 6.24%.
Fedex Corp (FDX) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Integrated Freight & Logistics industry is another important factor to consider. The insider ownership of Fedex Corp is 8.52%, while institutional ownership is 79.33%. The most recent insider transaction that took place on Jul 18 ’24, was worth 607,822. In this transaction EVP/Chief Customer Officer of this company sold 1,958 shares at a rate of $310.43, taking the stock ownership to the 19,937 shares. Before that another transaction happened on Jul 17 ’24, when Company’s EVP CDI Off & CTO/CEO FDW sold 8,421 for $310.14, making the entire transaction worth $2,611,718. This insider now owns 12,246 shares in total.
Fedex Corp (FDX) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 3.99 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 4.18) by -0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.66% during the next five years compared to 53.32% growth over the previous five years of trading.
Fedex Corp (NYSE: FDX) Trading Performance Indicators
Check out the current performance indicators for Fedex Corp (FDX). In the past quarter, the stock posted a quick ratio of 1.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.77. Likewise, its price to free cash flow for the trailing twelve months is 25.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 16.21, a number that is poised to hit 4.09 in the next quarter and is forecasted to reach 23.17 in one year’s time.
Technical Analysis of Fedex Corp (FDX)
Looking closely at Fedex Corp (NYSE: FDX), its last 5-days average volume was 1.36 million, which is a drop from its year-to-date volume of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 91.64%. Additionally, its Average True Range was 5.77.
During the past 100 days, Fedex Corp’s (FDX) raw stochastic average was set at 44.39%, which indicates a significant decrease from 90.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.86% in the past 14 days, which was lower than the 39.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $279.67, while its 200-day Moving Average is $267.77. However, in the short run, Fedex Corp’s stock first resistance to watch stands at $276.18. Second resistance stands at $277.95. The third major resistance level sits at $279.79. If the price goes on to break the first support level at $272.57, it is likely to go to the next support level at $270.73. Now, if the price goes above the second support level, the third support stands at $268.96.
Fedex Corp (NYSE: FDX) Key Stats
There are currently 246,081K shares outstanding in the company with a market cap of 67.04 billion. Presently, the company’s annual sales total 87,693 M according to its annual income of 4,331 M. Last quarter, the company’s sales amounted to 21,579 M and its income totaled 794,000 K.
