$1.72M in average volume shows that Fedex Corp (FDX) is heading in the right direction

On Friday, Fedex Corp (NYSE: FDX) was -1.62% drop from the session before settling in for the closing price of $269.24. A 52-week range for FDX has been $234.45 – $313.84.

During the last 5-year period, the sales growth of Industrials Sector giant was 5.13%. When this article was written, the company’s average yearly earnings per share was at 7.51%. With a float of $220.32 million, this company’s outstanding shares have now reached $240.85 million.

Let’s determine the extent of company efficiency that accounts for 430000 employees. In terms of profitability, gross margin is 22.52%, operating margin of 6.14%, and the pretax margin is 6.01%.

Fedex Corp (FDX) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Fedex Corp stocks. The insider ownership of Fedex Corp is 8.52%, while institutional ownership is 79.09%. The most recent insider transaction that took place on Jan 14 ’25, was worth 1,100,257. In this transaction Director of this company sold 3,980 shares at a rate of $276.45, taking the stock ownership to the 8,904 shares. Before that another transaction happened on Jan 14 ’25, when Company’s Director proposed sale 3,980 for $274.59, making the entire transaction worth $1,092,868.

Fedex Corp (FDX) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.83 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.09% during the next five years compared to 53.32% growth over the previous five years of trading.

Fedex Corp (NYSE: FDX) Trading Performance Indicators

You can see what Fedex Corp (FDX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 24.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.69, a number that is poised to hit 4.61 in the next quarter and is forecasted to reach 22.38 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 1.77 million, which is a jump from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 30.29%. Additionally, its Average True Range was 5.95.

During the past 100 days, Fedex Corp’s (FDX) raw stochastic average was set at 20.66%, which indicates a significant increase from 8.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.27% in the past 14 days, which was lower than the 33.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $280.93, while its 200-day Moving Average is $277.02. However, in the short run, Fedex Corp’s stock first resistance to watch stands at $269.31. Second resistance stands at $273.75. The third major resistance level sits at $276.51. If the price goes on to break the first support level at $262.11, it is likely to go to the next support level at $259.35. Should the price break the second support level, the third support level stands at $254.91.

Fedex Corp (NYSE: FDX) Key Stats

There are 240,851K outstanding shares of the company, which has a market capitalization of 63.79 billion. As of now, sales total 87,693 M while income totals 4,331 M. Its latest quarter income was 21,967 M while its last quarter net income were 741,000 K.