Analysts See $2.86 EPS for FedEx Corporation (FDX)

December 8, 2017 - By Vivian Currie

 Analysts See $2.86 EPS for FedEx Corporation (FDX)
Investors sentiment decreased to 1.01 in 2017 Q2. Its down 0.02, from 1.03 in 2017Q1. It worsened, as 53 investors sold FedEx Corporation shares while 373 reduced holdings. 112 funds opened positions while 318 raised stakes. 200.09 million shares or 0.41% less from 200.92 million shares in 2017Q1 were reported.
Chevy Chase Trust reported 260,914 shares. Winslow Evans Crocker holds 0% or 270 shares. Diker Mgmt Limited Liability reported 8,924 shares stake. Spinnaker reported 13,211 shares stake. North Star Asset Mngmt invested in 32,952 shares. State Teachers Retirement System has 0.24% invested in FedEx Corporation (NYSE:FDX). Jag Capital Mgmt Limited Liability Corp reported 1.35% stake. Bill And Melinda Gates Foundation Trust holds 2.85% in FedEx Corporation (NYSE:FDX) or 3.02M shares. X Mngmt Communication Llc stated it has 0.03% in FedEx Corporation (NYSE:FDX). Dnb Asset Mgmt As has 0% invested in FedEx Corporation (NYSE:FDX) for 27,510 shares. Howe & Rusling has invested 0.73% of its portfolio in FedEx Corporation (NYSE:FDX). Holderness reported 6,811 shares. 439 were accumulated by Motco. Highfields Cap Management Limited Partnership, a Massachusetts-based fund reported 3.03M shares. 12,791 were reported by Meag Munich Ergo Kapitalanlagegesellschaft Mbh.

Analysts expect FedEx Corporation (NYSE:FDX) to report $2.86 EPS on December, 19 after the close.They anticipate $0.06 EPS change or 2.14 % from last quarter’s $2.8 EPS. FDX’s profit would be $766.91M giving it 20.92 P/E if the $2.86 EPS is correct. After having $2.51 EPS previously, FedEx Corporation’s analysts see 13.94 % EPS growth. The stock increased 1.23% or $2.91 during the last trading session, reaching $239.3. About 1.23M shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since December 8, 2016 and is uptrending. It has outperformed by 2.32% the S&P500.

FedEx Corporation (NYSE:FDX) Ratings Coverage

Among 37 analysts covering FedEx (NYSE:FDX), 23 have Buy rating, 1 Sell and 13 Hold. Therefore 62% are positive. FedEx had 92 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Monday, February 22 with “Buy”. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Friday, June 3 by UBS. As per Monday, December 14, the company rating was maintained by Credit Suisse. The firm has “Buy” rating by Standpoint Research given on Wednesday, January 20. As per Thursday, March 17, the company rating was maintained by UBS. The firm has “Equal-Weight” rating given on Tuesday, February 23 by Morgan Stanley. The firm earned “Buy” rating on Tuesday, October 6 by Stifel Nicolaus. On Thursday, March 30 the stock rating was upgraded by Susquehanna to “Positive”. Wood maintained it with “Market Perform” rating and $15.50 target in Wednesday, September 2 report. The rating was initiated by KeyBanc Capital Markets on Tuesday, October 10 with “Buy”.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $64.17 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 22.56 P/E ratio. This segment also publishes customs duty and tax information; and offers transportation management and temperature-controlled transportation services.

More important recent FedEx Corporation (NYSE:FDX) news were published by: which released: “FedEx – Low Yield, Strong Growth” on December 02, 2017, also published article titled: “FedEx Grapples With TNT Express Cyberattack: Time to Dump?”, published: “FedEx Corporation (FDX) Ex-Dividend Date Scheduled for December 08, 2017” on December 07, 2017. More interesting news about FedEx Corporation (NYSE:FDX) was released by: and their article: “Trade FedEx Corporation Stock for the Holidays” with publication date: November 08, 2017.

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