FedEx Corporation which can be found using ticker (FDX) now have 26 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 305 and 145 calculating the mean target price we have $239.81. Now with the previous closing price of $228.84 this indicates there is a potential upside of 4.8%. It’s also worth noting that there is a 50 day moving average of $207.86 and the 200 day moving average is $195.61. The market capitalization for the company is $56,929m. Find out more information at: https://www.fedex.com
The potential market cap would be $59,658m based on the market consensus.
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company’s FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company’s FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2022, this segment had approximately 30,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. The company’s Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and document and business services, as well as retail access to its customers for its package transportation businesses. FedEx Corporation was founded in 1971 and is based in Memphis, Tennessee.
The company has a dividend yield of 2.01% with the ex dividend date set at 10-3-2023 (DMY).
Other points of data to note are a P/E ratio of 19.47, revenue per share of 361.44 and a 3.68% return on assets.
