$5.72 EPS Expected for FedEx Corporation (FDX)

May 17, 2018 - By Dane Moore

FedEx Corporation (NYSE:FDX) LogoInvestors sentiment increased to 1.21 in 2017 Q4. Its up 0.14, from 1.07 in 2017Q3. It is positive, 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.
Grp reported 0.06% stake. Segall Bryant And Hamill Ltd Liability Com reported 6,876 shares. Td Asset Mgmt invested in 0.03% or 80,897 shares. Cohen Klingenstein Ltd Liability Corporation reported 9,000 shares. Bangor Bank & Trust accumulated 7,207 shares. Liberty Mutual Group Asset holds 0.07% in FedEx Corporation (NYSE:FDX) or 9,836 shares. First Interstate National Bank & Trust owns 29,187 shares. David R Rahn Assocs Incorporated has 4,680 shares. Jefferies Grp Limited Liability holds 49,537 shares or 0.06% of its portfolio. Fiera Capital Corp owns 10,258 shares for 0.01% of their portfolio. Schnieders Cap Mgmt Lc has invested 0.37% in FedEx Corporation (NYSE:FDX). Benin holds 2.21% in FedEx Corporation (NYSE:FDX) or 22,115 shares. Woodstock Corp has 3,715 shares for 0.17% of their portfolio. Fjarde Ap, Alabama-based fund reported 44,506 shares. Millennium Mngmt Ltd Llc accumulated 305,636 shares.

Since January 2, 2018, it had 1 insider buy, and 4 sales for $45.54 million activity. On Wednesday, April 18 the insider WALSH PAUL S sold $1.12M. STEINER DAVID P had sold 3,016 shares worth $802,405 on Friday, January 5. Another trade for 46,555 shares valued at $11.89 million was sold by BRONCZEK DAVID J. $31.74 million worth of FedEx Corporation (NYSE:FDX) was sold by SMITH FREDERICK W on Wednesday, April 18.

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. As per Sunday, February 11, the company rating was maintained by Robert W. Baird. The rating was maintained by Credit Suisse with “Buy” on Wednesday, December 20. The company was maintained on Thursday, November 30 by BMO Capital Markets. The firm has “Outperform” rating by Robert W. Baird given on Thursday, March 15. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, March 21. KeyBanc Capital Markets maintained FedEx Corporation (NYSE:FDX) on Wednesday, December 20 with “Buy” rating. On Thursday, November 30 the stock rating was maintained by Barclays Capital with “Buy”. The firm earned “Equal-Weight” rating on Wednesday, March 21 by Morgan Stanley. The stock of FedEx Corporation (NYSE:FDX) earned “Hold” rating by Bernstein on Wednesday, December 20. The firm has “Buy” rating given on Wednesday, December 20 by Wells Fargo.

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: Seekingalpha.com which released: “FedEx tests blockchain technology” on May 14, 2018, also Streetinsider.com with their article: “UPDATE: FedEx (FDX) PT Raised to $282 at Oppenheimer” published on May 16, 2018, Seekingalpha.com published: “Stocks To Watch: A Fed Head Talks Crypto” on May 13, 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 Gurufocus.com‘s news article titled: “Larry Robbins’ Glenview Capital Management Starts 5 Positions in 1st Quarter” with publication date: May 16, 2018.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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