FedEx Corp. (NYSE: FDX) has reported E.P.S. of $3.03 for its second fiscal quarter (ending November 30) versus $3.59 for the same period a year ago — a decline of -16%. For the latest four quarters through November 30, E.P.S. were $15.79 compared to $17.05 a year ago — a decline of -7%.
Recent Price Action
FedEx Corp. (NYSE: FDX) stock rose modestly by 1.0% on 12/19/24. The stock closed at $275.88. Moreover, this advance was accompanied by exceptionally high trading volume at 274% of normal. The stock has performed in line with the market over the last nine months and has declined -1.9% during the last week.
Current PriceTarget Research Rating
FedEx has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. FedEx has a slightly positive Power Rating of 63 and a slightly positive Appreciation Score of 70, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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