FedEx Corporation (FDX) EPS Estimated At $5.72

May 17, 2018 - By Donald McKee

FedEx Corporation (NYSE:FDX) LogoInvestors sentiment increased to 1.21 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. It is positive, as 45 investors sold FedEx Corporation shares while 366 reduced holdings. 137 funds opened positions while 361 raised stakes. 193.75 million shares or 3.04% less from 199.84 million shares in 2017Q3 were reported.
Lombard Odier Asset (Europe) has invested 0.04% in FedEx Corporation (NYSE:FDX). Moreover, Beck Mngmt Lc has 1.56% invested in FedEx Corporation (NYSE:FDX). Rdl Fin accumulated 0.17% or 1,126 shares. Wolverine Asset Mgmt Ltd Liability holds 0.03% in FedEx Corporation (NYSE:FDX) or 13,262 shares. Miller Howard Invs Ny accumulated 15,427 shares or 0.08% of the stock. Maple Cap invested 0.05% in FedEx Corporation (NYSE:FDX). Tokio Marine Asset Mgmt owns 1,563 shares or 0.06% of their US portfolio. New York-based Stralem Incorporated has invested 3.43% in FedEx Corporation (NYSE:FDX). Mengis accumulated 5,065 shares. Neuberger Berman Ltd holds 2.03 million shares or 0.58% of its portfolio. Capwealth Lc invested in 27,840 shares. Harvey Capital Inc has invested 0.23% of its portfolio in FedEx Corporation (NYSE:FDX). Moreover, Comml Bank Of America De has 0.18% invested in FedEx Corporation (NYSE:FDX) for 4.22M shares. 33,336 are held by Commonwealth Bank & Trust Of Australia. Mu Ltd has invested 0.03% of its portfolio in FedEx Corporation (NYSE:FDX).

Since January 2, 2018, it had 1 buy, and 4 selling transactions for $45.54 million activity. STEINER DAVID P sold 3,016 shares worth $802,405. Shares for $11.89 million were sold by BRONCZEK DAVID J on Tuesday, January 2. 124,000 shares were sold by SMITH FREDERICK W, worth $31.74M. $1.12 million worth of FedEx Corporation (NYSE:FDX) was sold by WALSH PAUL S on Wednesday, April 18.

Analysts expect FedEx Corporation (NYSE:FDX) to report $5.72 EPS on June, 19.They anticipate $1.47 EPS change or 34.59 % from last quarter’s $4.25 EPS. FDX’s profit would be $1.53 billion giving it 10.80 P/E if the $5.72 EPS is correct. After having $3.72 EPS previously, FedEx Corporation’s analysts see 53.76 % EPS growth. The stock decreased 0.09% or $0.22 during the last trading session, reaching $247.12. About 1.10 million shares traded. FedEx Corporation (NYSE:FDX) has risen 25.45% since May 17, 2017 and is uptrending. It has outperformed by 13.90% the S&P500.

FedEx Corporation (NYSE:FDX) Ratings Coverage

Among 16 analysts covering FedEx (NYSE:FDX), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. FedEx had 26 analyst reports since November 30, 2017 according to SRatingsIntel. The stock has “Buy” rating by Barclays Capital on Thursday, November 30. The company was upgraded on Friday, January 5 by UBS. Susquehanna maintained it with “Buy” rating and $293.0 target in Wednesday, March 21 report. Bernstein maintained FedEx Corporation (NYSE:FDX) on Wednesday, December 20 with “Hold” rating. Oppenheimer maintained FedEx Corporation (NYSE:FDX) rating on Friday, March 16. Oppenheimer has “Buy” rating and $274.0 target. The rating was maintained by BMO Capital Markets on Tuesday, December 19 with “Buy”. Stephens maintained it with “Buy” rating and $306.0 target in Wednesday, March 21 report. Robert W. Baird maintained FedEx Corporation (NYSE:FDX) on Thursday, March 15 with “Outperform” rating. Credit Suisse maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, March 21. Credit Suisse has “Buy” rating and $306.0 target. Bank of America upgraded FedEx Corporation (NYSE:FDX) rating on Wednesday, December 20. Bank of America has “Buy” rating and $293.0 target.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $66.03 billion. The companyÂ’s FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows clients to track and manage imports. It has a 15.08 P/E ratio. This segment also publishes customs duty and tax information; and offers transportation management and temperature-controlled transportation services.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Seekingalpha.com which released: “USPS returns to losing ways” on May 11, 2018, also Benzinga.com with their article: “New Oanda CTO Should Drive Major FinTech Expansion” published on April 26, 2018, Finance.Yahoo.com published: “FedEx Corporation Has Amazon Derangement Syndrome” on May 04, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “Stocks To Watch: A Fed Head Talks Crypto” published on May 13, 2018 as well as Seekingalpha.com‘s news article titled: “FedEx tests blockchain technology” with publication date: May 14, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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