269.87 USD
+1.06
0.39%
Updated Oct 22, 10:47 AM EDT
1 day
0.39%
5 days
0.32%
1 month
4.28%
3 months
-12.22%
6 months
-0.10%
Year to date
6.99%
1 year
13.41%
5 years
74.53%
 

About: FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.

Employees: 823,600

0
Funds holding %
of 6,740 funds
0
Analysts bullish %
of 18 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

34% more first-time investments, than exits

New positions opened: 165 | Existing positions closed: 123

5% more capital invested

Capital invested by funds: $54.7B [Q1] → $57.6B (+$2.93B) [Q2]

2% more funds holding

Funds holding: 1,696 [Q1] → 1,738 (+42) [Q2]

1.32% more ownership

Funds ownership: 76.8% [Q1] → 78.12% (+1.32%) [Q2]

10% less funds holding in top 10

Funds holding in top 10: 49 [Q1] → 44 (-5) [Q2]

15% less call options, than puts

Call options by funds: $2.46B | Put options by funds: $2.9B

17% less repeat investments, than reductions

Existing positions increased: 572 | Existing positions reduced: 688

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$200
26%
downside
Avg. target
$316
17%
upside
High target
$350
30%
upside

18 analyst ratings

14 positive
78%
neutral
17%
negative
6%
Citigroup
Ariel Rosa
78% 1-year accuracy
7 / 9 met price target
12%upside
$301
Buy
Initiated
9 Oct 2024
Loop Capital
Rick Paterson
100% 1-year accuracy
4 / 4 met price target
7%upside
$288
Hold
Maintained
23 Sept 2024
BMO Capital
Fadi Chamoun
78% 1-year accuracy
7 / 9 met price target
11%upside
$300
Market Perform
Maintained
20 Sept 2024
HSBC
Parash Jain
0% 1-year accuracy
0 / 1 met price target
11%upside
$300
Hold
Downgraded
20 Sept 2024
TD Cowen
Helane Becker
72% 1-year accuracy
13 / 18 met price target
22%upside
$328
Buy
Maintained
20 Sept 2024

Financial journalist opinion

Based on 36 articles about FDX published over the past 30 days

Charts implemented using Lightweight Charts™