FedEx stock: buy or sell?

FDX stock price: $158.10 -0.05% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

1

Shares of the US delivery leader stayed constant a tight -0.05% and closed at $158.10.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company'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 customers to track and manage imports.

Should I buy FedEx stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with FedEx stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is FedEx stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 15 ratings published for FDX stock in the last month.

The general sentiment of these ratings is bullish for FDX stock, with 10 positive ratings.
Is FDX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-10Goldman Sachs Groupn/aConviction-Buy
2019-6-28Berenberg Bankn/aHold
2019-6-27Oppenheimern/aOutperform
2019-6-26UBS Groupn/aSell
2019-6-26Stephensn/aBuy
2019-6-26Raymond Jamesn/aOutperform
2019-6-26Loop Capitaln/an/a
2019-6-26JPMorgan Chase & Co.n/aNeutral
2019-6-26Deutsche Bankn/aBuy
2019-6-26Credit Suisse Groupn/aOutperform
2019-6-26Citigroupn/aBuy
2019-6-20Sanford C. Bernsteinn/aBuy
2019-6-20Raymond Jamesn/aOutperform
2019-6-20CowenOutperformOutperform
2019-6-20Cowenn/aOutperform

FedEx stock analysis

Daily outlook

FedEx shares stayed constant -0.05% to $158.10 today.

FedEx shares stayed constant -0.05% to $158.10 today. For the last 24 days when FDX stock price broke down the SMA100d line, it slid $-16.84 per share (-9.63%).

FDX stock chart (daily)

Weekly outlook

The US delivery leader shares grew 1.35% this week, ending at $158.10. Late July FDX plunged a bloodcurdling -6.85% in just one week.

Since late September 2018, when FDX stock price broke down the 40-weeks moving avarage line, it slid $-86.60 per share (-35.39%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

FDX stock chart (weekly)

FedEx stock price history

FedEx stock historical price chart

FDX stock reached 52-week highs on September at $256.50, and all-time highs 2018-01-18 with a price of 269.75.

FedEx stock price target is $191.90

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' FDX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 13 price predictions for FedEx stock:
FDX stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-28Berenberg BankSet Price Targetn/a$175.00-
2019-6-27OppenheimerLowers Target$192.00$176.00-8.3%
2019-6-26UBS GroupSet Price Targetn/a$136.00-
2019-6-26StephensSet Price Targetn/a$210.00-
2019-6-26Raymond JamesLowers Target$200.00$190.00-5%
2019-6-26Loop CapitalLowers Target$262.00$220.00-16%
2019-6-26JPMorgan Chase & Co.Lowers Target$184.00$172.00-6.5%
2019-6-26Credit Suisse GroupLowers Target$184.00$175.00-4.9%
2019-6-26CitigroupLowers Target$192.00$180.00-6.3%
2019-6-20Sanford C. BernsteinSet Price Targetn/a$205.00-
2019-6-20Raymond JamesReiterates$215.00$200.00-7%
2019-6-20CowenReiterates$230.00$228.00-0.9%
2019-6-20CowenLowers Target$230.00$228.00-0.9%
(in average)$209.90$191.90-9.0%
The price target for FedEx stock is $191.90, moving in a range between $228.00 and $136.00. In average, analysts' outlook on FDX price target is negative, downgrading the prediction by a -9.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, FedEx reported its latest financial data, close to analysts' consensus and published a $3.03 Earnings per Share. Unfortunately, reported EPS is not yet available in our database.
FDX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a4.24n/a
2017-Q3-n/a2.44n/a
2017-Q42018-03-203.113.7219.6%
2018-Q12018-03-203.083.7220.8%
2018-Q22018-06-195.725.913.3%
2018-Q32018-09-173.783.46-8.5%
2018-Q42018-12-184.054.03-0.5%
2019-Q12019-03-193.13.03-2.3%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, FedEx annual turnover soared a pretty good 8.51% to $65,450.00 million dollars from $60,319.00 marked in 2017. In contrary, its profit margin (compared to sales) grew to 6.99%, that is $4,572.00 million.

FedEx fiscal year ends in May, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, FedEx TTM sales up to February 2019 were $69,200.00 and earnings $3,636.00 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem the US delivery leader business evolution since May 2018: Annual revenues up to February, compared to lastest yearly report, escalated a good 5.73%. In contrast, profit margin (net income/sales) decreased at 6.99%.

FDX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$44,290 M-$1,560 M3.5%-
2014$45,570 M2.89%$2,090 M4.6%33.97%
2015$47,453 M4.13%$1,050 M2.2%-49.76%
2016$50,365 M6.14%$1,820 M3.6%73.33%
2017$60,319 M19.76%$2,997 M5.0%64.67%
2018$65,450 M8.51%$4,572 M7.0%52.55%
TTM $69,200 M5.73%$3,636 M5.3%-20.47%

Quarterly financial results

FedEx posted $17,010.00 million in sales for 2019-Q1, a -4.57% decline compared to previous quarter. Reported quarter earnings marked $739.00 M with a profit margin of 4.34%. Profit margin stayed stable a -0.90% compared to previous quarter when profit margin was 5.25%. When comparing revenues to same quarter last year, FedEx sales marked a slightly fine increase and inched a 2.93%.
FDX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$15,730 M-$1,020 M6.5%-
2017-Q3$15,300 M-2.73%$595 M3.9%-41.67%
2017-Q4$16,313 M6.62%$775 M4.8%30.25%
2018-Q1$16,526 M1.31%$2,074 M12.5%167.61%
2018-Q2$17,314 M4.77%$1,127 M6.5%-45.66%
2018-Q3$17,052 M-1.51%$835 M4.9%-25.91%
2018-Q4$17,824 M4.53%$935 M5.2%11.98%
2019-Q1$17,010 M-4.57%$739 M4.3%-20.96%

FedEx ownership

When you are planning to invest in a stock, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For FedEx, 5.94% of all outstanding shares are owned by its staff.

In case of FedEx stock, 72.75% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for FDX stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to FedEx:

FDXAIRTATSGCHRWEXPD
Market cap$41.8 B$50.1 M$1.2 B$11.4 B$12.1 B
Total shares264.4 M3.0 M59.4 M136.6 M172.0 M
Float shares240.4 M1.2 M57.1 M134.8 M169.5 M
  - Institutional holdings (%)72.8%29.5%92.0%89.3%98.3%
  - Insider holdings (%)5.9%42.0%2.6%0.5%0.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

FedEx summary

Thursday, August 22nd, 2019
Open$158.26
Close$158.10
Day range$155.76 - $158.99
Previous close$158.18
Session gain-0.05%
Average true range$4.68
50d mov avg$163.69
100d mov avg$170.29
200d mov avg$177.93
Daily patternlt03a
Weekly pattern

FedEx performance

To measure stock performance is always good to benchmark with competitors or related stocks. For FedEx, the benchmark is made against Air T, Air Transport Services, C.H. Robinson Worldwide, Expeditors International of Washington and United Parcel Service.
Stock3m6m12m
FDXFedEx-0.76%-11.74%-34.61%
AIRTAir T-11.12%-14.80%-24.00%
ATSGAir Transport Ser...-7.10%-19.99%-3.82%
CHRWC.H. Robinson Wor...5.67%-7.87%-11.28%
EXPDExpeditors Intern...-0.79%-6.17%-2.91%
UPSUnited Parcel Ser...21.26%7.26%-2.76%

FedEx competitors

We chose a few stocks to conform a list of FedEx competitors to check if you are interested in investing in FDX:

Latest FedEx stock news