JPMorgan Chase & Co. Reiterates Neutral Rating for FedEx (NYSE:FDX)

FedEx (NYSE:FDX)‘s stock had its “neutral” rating reaffirmed by JPMorgan Chase & Co. in a research report issued on Tuesday,MarketScreener reports.

FDX has been the subject of a number of other reports. Bank of America raised FedEx from a “neutral” rating to a “buy” rating and set a $365.00 target price for the company in a research report on Friday, January 9th. BNP Paribas Exane cut shares of FedEx from an “outperform” rating to a “neutral” rating and set a $280.00 target price on the stock. in a report on Tuesday, January 13th. Barclays raised their price target on FedEx from $320.00 to $360.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Morgan Stanley boosted their price objective on FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Friday, December 19th. Finally, BNP Paribas set a $280.00 target price on FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Sixteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $302.65.

FedEx Trading Down 0.6%

Shares of FedEx stock opened at $306.30 on Tuesday. The firm has a market cap of $72.02 billion, a PE ratio of 16.92, a P/E/G ratio of 1.55 and a beta of 1.35. FedEx has a 1 year low of $194.29 and a 1 year high of $318.83. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The stock has a fifty day moving average price of $285.63 and a 200-day moving average price of $252.64.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. The business had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the company posted $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities research analysts anticipate that FedEx will post 19.14 EPS for the current year.

Institutional Investors Weigh In On FedEx

A number of large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after buying an additional 207 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of FedEx by 78.9% in the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after acquiring an additional 4,548 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of FedEx in the 2nd quarter worth approximately $586,000. Sowell Financial Services LLC grew its holdings in shares of FedEx by 1.3% during the 2nd quarter. Sowell Financial Services LLC now owns 7,774 shares of the shipping service provider’s stock valued at $1,767,000 after purchasing an additional 102 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its position in FedEx by 2.8% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 3,442 shares of the shipping service provider’s stock worth $782,000 after purchasing an additional 94 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

About FedEx

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.