FedEx (FDX) closed at $283.30 in the latest trading session, marking a +0.09% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.16%. Meanwhile, the Dow gained 1.2%, and the Nasdaq, a tech-heavy index, added 1.16%.The package delivery company's stock has climbed by 2.03% in the past month, exceeding the Transportation sector's gain of 1.99% and lagging the S&P 500's gain of 3.48%.The upcoming earnings release of FedEx will be of great interest to investors. The company ...

CINCINNATI, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that FedEx (NYSE: FDX) has issued a purchase order for 15 W56 step vans to be delivered in 2024. This milestone order follows a successful demonstration in which the Workhorse W56 step van met FedEx operation duty cycle requirements. The addition of these 15 W56 step vans wi ...

FedEx Corporation’s (FDX) bottom line is bolstered by robust cost-saving initiatives, resulting in improved operational efficiency. A shareholder-friendly approach bodes well for the company. However, FDX grapples with weakness in the FedEx Express segment due to lower international yields.Factors Favoring FDXFDX’s multi-year plan, Network 2.0, announced in April 2023, is improving its performance by simplifying routes, lowering costs and increasing efficiency. Network 2.0 is already active in more than 50 ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider FedEx (FDX) . This company, which is in the Zacks Transportation - Air Freight and Cargo industry, shows potential for another earnings beat.This package delivery company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was ...

-Oxford- I last wrote about FedEx (NYSE:FDX) about a year ago. My investment thesis was bullish, and it remains so today. I became constructive on FedEx common shares beginning January 2019. Since my first FDX article was published, the stock has done well despite considerable turbulence due to the pandemic, new senior management, and a corporate structure overhaul. seekingalpha.com In this article, we will: revisit and drill into the investment thesis identify several key go-forward metrics to monit ...

The most recent trading session ended with FedEx (FDX) standing at $288.44, reflecting a +0.01% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.2% loss on the day. On the other hand, the Dow registered a loss of 0.15%, and the technology-centric Nasdaq decreased by 0.34%.Shares of the package delivery company have depreciated by 6.18% over the course of the past month, outperforming the Transportation sector's loss of 14.69% and lagging the S&P 500's gain of 1.93%.Invest ...

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FedEx (FDX) closed the most recent trading day at $283.33, moving +0.08% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.38% for the day. Meanwhile, the Dow gained 0.61%, and the Nasdaq, a tech-heavy index, added 0.03%.The package delivery company's stock has dropped by 9.7% in the past month, exceeding the Transportation sector's loss of 19.65% and lagging the S&P 500's loss of 3.2%.Analysts and investors alike will be keeping a close eye on the performa ...

vandervliet93 FedEx (NYSE:FDX) is easily one of the top brands that come to mind in the transportation space. Apart from that, the stock has not been able to provide capital appreciation since November 2020. In my opinion, the main factor why the company has not been able to is because its revenue growth might have peaked in the short-to-mid-term. Since the stock is cheap from a forward PE perspective, FDX is, if you are optimistic enough about the economy in the short term, a cautious buy at this point ...

The latest trading session saw FedEx (FDX) ending at $278.62, denoting a +0.18% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 2.3% for the day. On the other hand, the Dow registered a gain of 1.76%, and the technology-centric Nasdaq increased by 2.87%.Shares of the package delivery company have depreciated by 5.16% over the course of the past month, outperforming the Transportation sector's loss of 20.41% and the S&P 500's loss of 6.5%.Analysts and inv ...