FedEx (NYSE:FDX – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 19.000-20.000 for the period, compared to the consensus earnings per share estimate of 19.370. The company issued revenue guidance of $87.7 billion-$87.7 billion, compared to the consensus revenue estimate of $88.5 billion. FedEx also updated its FY25 guidance to $19.00-20.00 EPS.
Analysts Set New Price Targets
Several analysts recently issued reports on FDX shares. UBS Group boosted their price target on FedEx from $311.00 to $350.00 and gave the company a “buy” rating in a report on Friday. HSBC lowered FedEx from a “buy” rating to a “hold” rating and set a $300.00 price target for the company. in a research note on Friday, September 20th. Raymond James upped their price objective on shares of FedEx from $305.00 to $320.00 and gave the stock an “outperform” rating in a report on Friday. Evercore ISI decreased their price target on shares of FedEx from $335.00 to $318.00 and set an “outperform” rating for the company in a research note on Friday, September 20th. Finally, Loop Capital raised FedEx from a “hold” rating to a “buy” rating and lifted their price objective for the company from $288.00 to $365.00 in a research report on Friday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nineteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $324.88.
View Our Latest Report on FedEx
FedEx Price Performance
FedEx (NYSE:FDX – Get Free Report) last released its earnings results on Thursday, December 19th. The shipping service provider reported $4.05 earnings per share for the quarter, beating analysts’ consensus estimates of $3.88 by $0.17. FedEx had a net margin of 4.62% and a return on equity of 15.61%. The company had revenue of $22 billion for the quarter, compared to analysts’ expectations of $22.14 billion. During the same quarter in the previous year, the company earned $3.99 EPS. FedEx’s revenue for the quarter was down .7% on a year-over-year basis. As a group, research analysts anticipate that FedEx will post 19.59 earnings per share for the current year.
FedEx Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Monday, December 9th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend is Monday, December 9th. FedEx’s dividend payout ratio is currently 34.05%.
FedEx Company Profile
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.
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