FedEx (FDX) Quarterly Earnings Report Analysis – Defense World

FedEx (NYSE: FDX) is set to release its quarterly earnings report after the market closes on Thursday, March 21st. Analysts are anticipating earnings of $3.60 per share for the quarter. In this article, we will delve into FedEx’s price performance, recent dividend announcement, insider activity, hedge fund positions, company profile, and analyst ratings.

FedEx Price Performance:

Shares of FedEx (FDX) opened at $255.22 on Thursday, with a market cap of $63.78 billion. The company’s 50-day moving average price is $245.39 and its two-hundred day moving average price is $251.64. FedEx has a beta of 1.20 and a PE ratio of 15.12. The stock has a twelve month low of $190.83 and a twelve month high of $285.53.

FedEx Announces Dividend:

Wall Street analysts have weighed in on FedEx, with various target price adjustments and ratings. FedEx recently decreased its target price from $330.00 to $320.00, while Raymond James lowered theirs from $279.00 to $275.00. Despite some adjustments, FedEx continues to receive a consensus rating of “Moderate Buy” with a target price of $289.56.

Insider Activity at FedEx:

Director Amy B. Lane purchased 200 shares of FedEx stock on December 26th at an average price of $253.22 per share. Following this transaction, Director Lane now owns 3,304 shares of the company’s stock. Additionally, EVP John W. Dietrich acquired 1,000 shares of FedEx stock on December 28th at an average price of $252.02 per share.

Hedge Funds Weigh In On FedEx:

Several institutional investors have made changes to their positions in FedEx recently. Global Wealth Management Investment Advisory Inc., Resurgent Financial Advisors LLC, Worth Asset Management LLC, Coppell Advisory Solutions LLC, and Industrial Alliance Investment Management Inc. have all acquired new positions in FedEx, with institutional investors owning 73.61% of the company’s stock.

FedEx Company Profile:

FedEx Corporation provides transportation, e-commerce, and business services domestically and internationally. Its segments include FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, offering a range of transportation and delivery services.


  1. What is the anticipated earnings per share for FedEx’s upcoming quarterly report?
    • Analysts expect FedEx to post earnings of $3.60 per share for the quarter.
  2. What was the average price at which Director Amy B. Lane purchased FedEx shares?
    • Director Amy B. Lane purchased shares at an average price of $253.22 per share.
  3. What is the consensus target price for FedEx according to analysts?
    • Analysts have a consensus target price of $289.56 for FedEx.
  4. How many shares of FedEx stock did EVP John W. Dietrich acquire in his recent transaction?
    • EVP John W. Dietrich acquired 1,000 shares of FedEx stock in his recent transaction.
  5. What percentage of FedEx’s stock is owned by institutional investors and hedge funds?
    • Institutional investors and hedge funds own 73.61% of FedEx’s stock.

In conclusion, with the anticipation of FedEx’s quarterly earnings report, investors and analysts alike are closely monitoring the company’s performance and outlook for the future. Stay tuned for the latest updates on FedEx’s financial results and market trends.

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