Fedex Corp (FDX) recent quarterly performance of -10.23% is not showing the real picture

Witnessing the stock’s movement on the chart, on Wednesday, Fedex Corp (NYSE: FDX) had a quiet start as it plunged -0.64% to $268.05, before settling in for the price of $269.79 at the close. Taking a more long-term approach, FDX posted a 52-week range of $224.69-$313.84.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period 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 11.53%. This publicly-traded company’s shares outstanding now amounts to $244.30 million, simultaneously with a float of $223.50 million. The organization now has a market capitalization sitting at $65.49 billion.

Fedex Corp (FDX) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Integrated Freight & Logistics industry. Fedex Corp’s current insider ownership accounts for 8.52%, in contrast to 79.32% 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 11.53% and is forecasted to reach 23.17 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.66% 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 1.24. The Stock has managed to achieve an average true range (ATR) of 5.51. Alongside those numbers, its PE Ratio stands at $16.54, 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 0.75. Similarly, its price to free cash flow for trailing twelve months is now 25.03.

In the same vein, FDX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 16.21, a figure that is expected to reach 4.09 in the next quarter, and analysts are predicting that it will be 23.17 at the market close of one year from today.

Technical Analysis of Fedex Corp (FDX)