FedEx stock: buy or sell?
August 22nd, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-10||Goldman Sachs Group||n/a||Conviction-Buy|
|2019-6-26||JPMorgan Chase & Co.||n/a||Neutral|
|2019-6-26||Credit Suisse Group||n/a||Outperform|
|2019-6-20||Sanford C. Bernstein||n/a||Buy|
FedEx stock analysis
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%).
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.
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 $191.90Predicting 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-28||Berenberg Bank||Set Price Target||n/a||$175.00||-|
|2019-6-26||UBS Group||Set Price Target||n/a||$136.00||-|
|2019-6-26||Stephens||Set Price Target||n/a||$210.00||-|
|2019-6-26||Raymond James||Lowers Target||$200.00||$190.00||-5%|
|2019-6-26||Loop Capital||Lowers Target||$262.00||$220.00||-16%|
|2019-6-26||JPMorgan Chase & Co.||Lowers Target||$184.00||$172.00||-6.5%|
|2019-6-26||Credit Suisse Group||Lowers Target||$184.00||$175.00||-4.9%|
|2019-6-20||Sanford C. Bernstein||Set Price Target||n/a||$205.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|2013||$44,290 M||-||$1,560 M3.5%||-|
|2014||$45,570 M||2.89%||$2,090 M4.6%||33.97%|
|2015||$47,453 M||4.13%||$1,050 M2.2%||-49.76%|
|2016||$50,365 M||6.14%||$1,820 M3.6%||73.33%|
|2017||$60,319 M||19.76%||$2,997 M5.0%||64.67%|
|2018||$65,450 M||8.51%||$4,572 M7.0%||52.55%|
|TTM||$69,200 M||5.73%||$3,636 M5.3%||-20.47%|
Quarterly financial resultsFedEx 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%.
|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 M||6.62%||$775 M4.8%||30.25%|
|2018-Q1||$16,526 M||1.31%||$2,074 M12.5%||167.61%|
|2018-Q2||$17,314 M||4.77%||$1,127 M6.5%||-45.66%|
|2018-Q3||$17,052 M||-1.51%||$835 M4.9%||-25.91%|
|2018-Q4||$17,824 M||4.53%||$935 M5.2%||11.98%|
|2019-Q1||$17,010 M||-4.57%||$739 M4.3%||-20.96%|
FedEx ownershipWhen 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:
|Market cap||$41.8 B||$50.1 M||$1.2 B||$11.4 B||$12.1 B|
|Total shares||264.4 M||3.0 M||59.4 M||136.6 M||172.0 M|
|Float shares||240.4 M||1.2 M||57.1 M||134.8 M||169.5 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$155.76 - $158.99|
|Average true range||$4.68|
|50d mov avg||$163.69|
|100d mov avg||$170.29|
|200d mov avg||$177.93|
FedEx performanceTo 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.
|ATSGAir Transport Ser...||-7.10%||-19.99%||-3.82%|
|CHRWC.H. Robinson Wor...||5.67%||-7.87%||-11.28%|
|UPSUnited Parcel Ser...||21.26%||7.26%||-2.76%|
FedEx competitorsWe chose a few stocks to conform a list of FedEx competitors to check if you are interested in investing in FDX:
- Air T (AIRT)
- Air Transport Services (ATSG)
- C.H. Robinson Worldwide (CHRW)
- Expeditors International of Washington (EXPD)
- United Parcel Service (UPS)
Latest FedEx stock news
- InvestorPlaceWednesday’s Vital Data: AbbVie, FedEx and MicronJune 26, 2019
- InvestorPlaceFedEx Earnings: FDX Stock Higher on Q4 Earnings BeatJune 25, 2019
- Seeking AlphaFedEx Is Delivering Value At Current PricesJune 21, 2019
- Seeking AlphaAmazon: Impact Of Increasing Rivalry With FedExJune 10, 2019
- InvestorPlaceFear of Amazon Creates a Bargain in FedEx StockJune 7, 2019