FedEx Corporation (FDX) Analysts See $5.72 EPS

May 17, 2018 - By Adrian Erickson

FedEx Corporation (NYSE:FDX) LogoInvestors sentiment increased to 1.21 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. It improved, 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.
Front Barnett accumulated 77,109 shares. Leavell Mgmt has invested 0.23% of its portfolio in FedEx Corporation (NYSE:FDX). Mairs And Power has invested 0.01% in FedEx Corporation (NYSE:FDX). Mitchell Mcleod Pugh And Williams accumulated 2,378 shares. Brown Brothers Harriman & Comm invested in 0% or 2,143 shares. Kayne Anderson Rudnick Investment Management Ltd Llc reported 5,400 shares stake. Ameriprise Fin Incorporated, a Minnesota-based fund reported 3.90M shares. Carret Asset Ltd Liability Corporation holds 0.85% or 21,907 shares. Birch Hill Limited Liability Company has 0.34% invested in FedEx Corporation (NYSE:FDX) for 16,362 shares. 6,748 were accumulated by Cls Invs Limited Liability Corporation. Moreover, Hartford Inv Management Com has 0.24% invested in FedEx Corporation (NYSE:FDX). Princeton Strategies Group Incorporated Ltd Liability Com accumulated 2,050 shares or 0.14% of the stock. Balyasny Asset Management Limited Liability Corporation holds 4,076 shares or 0% of its portfolio. Glg Ltd Company reported 0.52% stake. Farr Miller Washington Ltd Liability Dc holds 3.51% of its portfolio in FedEx Corporation (NYSE:FDX) for 157,423 shares.

Since January 2, 2018, it had 1 insider purchase, and 4 selling transactions for $45.54 million activity. WALSH PAUL S had sold 4,400 shares worth $1.12 million on Wednesday, April 18. BRONCZEK DAVID J sold 46,555 shares worth $11.89 million. STEINER DAVID P had sold 3,016 shares worth $802,405 on Friday, January 5. SCHWAB SUSAN C also bought $19,837 worth of FedEx Corporation (NYSE:FDX) on Tuesday, February 6.

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 1.10M 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. Credit Suisse maintained the stock with “Buy” rating in Wednesday, March 21 report. The company was maintained on Thursday, March 15 by Robert W. Baird. The rating was maintained by BMO Capital Markets on Thursday, November 30 with “Buy”. The company was maintained on Sunday, February 11 by Robert W. Baird. The stock of FedEx Corporation (NYSE:FDX) earned “Buy” rating by UBS on Tuesday, January 9. Bernstein maintained the stock with “Hold” rating in Wednesday, December 20 report. The rating was maintained by Credit Suisse with “Buy” on Thursday, December 14. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, December 20 report. Bank of America upgraded FedEx Corporation (NYSE:FDX) on Wednesday, December 20 to “Buy” rating. On Friday, January 5 the stock rating was upgraded by UBS to “Buy”.

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: Gurufocus.com which released: “Larry Robbins’ Glenview Capital Management Starts 5 Positions in 1st Quarter” on May 16, 2018, also Streetinsider.com with their article: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” published on May 15, 2018, Streetinsider.com published: “UPDATE: FedEx (FDX) PT Raised to $282 at Oppenheimer” on May 16, 2018. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Benzinga.com and their article: “New Oanda CTO Should Drive Major FinTech Expansion” published on April 26, 2018 as well as Benzinga.com‘s news article titled: “Despite An Earnings Beat, Shares Of FedEx Are Continuing To Look Weak In The Near Term” with publication date: May 04, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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