Fedex Corp (NYSE: FDX) kicked off on Tuesday, down -0.15% from the previous trading day, before settling in for the closing price of $275.45. Over the past 52 weeks, FDX has traded in a range of $229.07-$313.84.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 5.13%. While this was happening, its average annual earnings per share was recorded 11.53%. With a float of $223.50 million, this company’s outstanding shares have now reached $244.30 million.
Considering the fact that the conglomerate employs 430000 people, you should pay attention to its efficiency factor. 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
Our next focus will be how large-scale investors are participating in this stock of the Integrated Freight & Logistics Industry. The insider ownership of Fedex Corp is 8.52%, while institutional ownership is 79.32%. 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
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
Take a look at Fedex Corp’s (FDX) current performance indicators. Last quarter, stock had 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 25.69.
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)
Compared to the last year’s volume of 1.83 million, its volume of 1.2 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.85%. Additionally, its Average True Range was 5.48.
During the past 100 days, Fedex Corp’s (FDX) raw stochastic average was set at 45.29%, which indicates a significant decrease from 76.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.76% in the past 14 days, which was lower than the 39.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $278.09, while its 200-day Moving Average is $268.59. Nevertheless, the first resistance level for the watch stands at $277.11 in the near term. At $279.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $281.23. If the price goes on to break the first support level at $272.99, it is likely to go to the next support level at $270.93. Now, if the price goes above the second support level, the third support stands at $268.87.
Fedex Corp (NYSE: FDX) Key Stats
The company with the Market Capitalisation of 67.20 billion has total of 244,323K Shares Outstanding. Its annual sales at the moment are 87,693 M in contrast with the sum of 4,331 M annual income. Company’s last quarter sales were recorded 21,579 M and last quarter income was 794,000 K.
