Market Pulse
FedEx (FDX) closed at $388.48 in the latest trading session, reflecting a +1.39% increase from the previous day. This performance outpaced the S&P 500's daily gain of 0.69%. The Dow rose by 0.47%, while the tech-heavy Nasdaq saw a 0.9% increase.
Recent Performance
Over the last month, shares of FedEx have surged by 23.67%. During the same period, the Transportation sector gained 9.73%, contrasting with a 1% loss in the S&P 500.
Upcoming Earnings Report
Investors are keenly anticipating FedEx's earnings report, scheduled for March 19, 2026. Analysts expect the company to announce earnings per share (EPS) of $4.12, indicating an 8.65% decline from the previous year's quarter. The Zacks Consensus Estimate for revenue stands at $23.54 billion, a 6.22% increase year-over-year.
Full-Year Estimates
The full-year Zacks Consensus Estimates predict earnings of $18.46 per share and revenue of $92.83 billion, reflecting year-over-year changes of +1.48% and +5.57%, respectively.
Analyst Estimates and Zacks Rank
Recent changes to analyst estimates for FedEx can indicate evolving business trends. Positive estimate revisions often signal a favorable outlook for the company. The Zacks Rank system, which evaluates these changes, currently rates FedEx as #1 (Strong Buy), with stocks rated #1 averaging an impressive annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has increased by 0.42%.
Valuation Metrics
Presently, FedEx is trading at a Forward P/E ratio of 20.76, aligning with its industry's Forward P/E. Additionally, FDX has a PEG ratio of 1.83, which accounts for expected earnings growth.
Industry Insights
The Transportation - Air Freight and Cargo industry, within which FedEx operates, currently ranks 18 in the Zacks Industry Rank, placing it in the top 8% of over 250 industries. Strong performance in top-rated industries typically outstrips lower-rated ones by a factor of two to one.
For ongoing updates on FedEx and its stock metrics, visit Inside Ticker.