Fedex Corp (NYSE: FDX) is -13.87% lower on its value in year-to-date trading and has touched a low of $217.22 and a high of $313.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FDX stock was last observed hovering at around $230.33 in the last trading session, with the day’s gains setting it 11.99%.
Currently trading at $242.32, the stock is -2.45% and -6.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.99 million and changing 5.21% at the moment leaves the stock -12.20% off its SMA200. FDX registered -6.80% loss for a year compared to 6-month loss of -19.33%. The firm has a 50-day simple moving average (SMA 50) of $259.3534 and a 200-day simple moving average (SMA200) of $275.98865.
The stock witnessed a -4.67% gain in the last 1 month and extending the period to 3 months gives it a -11.29%, and is -1.21% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.40% over the week and 2.58% over the month.
Fedex Corp (FDX) has around 430000 employees, a market worth around $58.06B and $87.81B in sales. Current P/E ratio is 15.21 and Fwd P/E is 11.73. Profit margin for the company is 4.45%. Distance from 52-week low is 11.56% and -22.79% from its 52-week high. The company has generated returns on investments over the last 12 months (6.46%).
with sales reaching $21.92B over the same period.The EPS is expected to grow by 2.97% this year, but quarterly earnings will post -0.21% year-over-year. Quarterly sales are estimated to shrink -0.81% in year-over-year returns.
Fedex Corp (FDX) Top Institutional Holders
2264.0 institutions hold shares in Fedex Corp (FDX), with institutional investors hold 86.24% of the company’s shares. The shares outstanding are 240.00M, and float is at 219.22M with Short Float at 1.64%. Institutions hold 79.11% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.85 million shares valued at $5.95 billion. The investor’s holdings represent 8.0383% of the FDX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.86 million shares valued at $$4.45 billion to account for 6.0147 of the shares outstanding. The other top investors are DODGE & COX which holds 13.39 million shares representing 5.4011% and valued at over $4.02 billion, while PRIMECAP MANAGEMENT CO/CA/ holds 5.157 of the shares totaling 12.79 million with a market value of $3.83 billion.
Fedex Corp (FDX) Insider Activity
The most recent transaction is an insider sale by ADAMS GINA F.,the company’sEVP GENL COUNSEL/SECTY. SEC filings show that ADAMS GINA F. sold 4,770 shares of the company’s common stock on Mar 24 ’25 at a price of $241.85 per share for a total of $1.15 million. Following the sale, the insider now owns 13078.0 shares.
Still, SEC filings show that on Jan 14 ’25, SCHWAB SUSAN C (Director) disposed off 3,980 shares at an average price of $276.45 for $1.1 million. The insider now directly holds 8,904 shares of Fedex Corp (FDX).
