Company Performance - FedEx closed at $275.04, showing a -0.15% change from the previous session, underperforming the S&P 500 which gained 0.16% [1] - The stock has increased by 0.65% over the past month, while the Transportation sector declined by 2.01% and the S&P 500 rose by 1.67% [1] Upcoming Earnings - FedEx is set to release its earnings report on December 19, 2024, with expected earnings of $3.88 per share, reflecting a year-over-year decline of 2.76% [2] - The consensus estimate for revenue is $22.19 billion, indicating a 0.13% increase from the same quarter last year [2] Annual Estimates - For the annual period, earnings are anticipated to be $19.60 per share and revenue at $88.7 billion, representing increases of +10.11% and +1.19% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for FedEx are crucial as they reflect short-term business dynamics, with positive revisions indicating a favorable business outlook [3][4] Zacks Rank - FedEx currently holds a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate having decreased by 0.01% over the past month [5] Valuation Metrics - The Forward P/E ratio for FedEx is 14.06, which is lower than the industry average of 19.28 [6] - FedEx has a PEG ratio of 1.11, compared to the industry average PEG ratio of 1.82 [7] Industry Context - The Transportation - Air Freight and Cargo industry, which includes FedEx, has a Zacks Industry Rank of 102, placing it in the top 41% of over 250 industries [8]

Group 1 - FedEx Corporation reported its earnings for the first quarter of 2025, with earnings per share falling short by $1.17 compared to expectations [1] - The company's revenue also missed forecasts by $335.85 million, indicating significant underperformance [1] Group 2 - The mission of Grassroots Trading emphasizes providing objective and unbiased research focused on small- to mid-cap companies, while also identifying opportunities in larger companies [1]

Oil prices are on the lower end of the curve in today’s cycle. Still, plenty of tailwinds are set up to potentially bring a new rally for the commodity. Demand has been lackluster lately, and supply isn’t moving the way markets want it to move in order to bring a new rally or oil. But there’s a reason why America’s favorite investor has been buying heavily into oil lately.Over the next quarter or two, the new business cycle could help investors looking into the energy sector make a profit. However, there ar ...

Scanning barcode on delivery parcel.gettyI know it goes without saying that we’ve all loved watching our dividend stocks skyrocket this year. But October—as always, it seems—has amped-up the volatility.The end of the year looks choppy, with a widening war in the Middle East and a contentious (to say the least!) election on tap here at home.That makes now the time to sell any flawed dividends you may hold “on the rip.” We’ll break down one of these losers below. It’s the kind of stock that’s gone nowhere for ...

While the stock market often rewards those who follow the crowd, there's a breed of investor who thrives on going against the grain. These are the contrarians, investors who seek opportunity in the assets others are discarding, believing that market pessimism has created a gap between price and value. This strategy requires an eye for undervalued fundamentals, unwavering patience, and the emotional fortitude to withstand the short-term volatility that often accompanies contrarian plays. Get stock market new ...

FedEx Corporation (FDX) shares are one of the cheaper stocks in the broader Zacks Transportation - Air Freight and Cargo industry with a Value Score of A. FDX stock is trading at a discount with a forward 12-month P/E of 12.7X compared with the industry’s 14.3X. Image Source: Zacks Investment ResearchFDX is cheaper than its rival, United Parcel Service (UPS) , and another industry player, Air Transport Services Group (ATSG) . FDX’s cheap valuation is attractive for investors. However, is it worth buying at ...

Memphis, Tennessee, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The National Civil Rights Museum’s Freedom Award Student Forum is a celebration for and by young trailblazers. Presented by FedEx, this year’s hybrid event is open to school groups nationally as an opportunity for students to be inspired by the purpose-driven lives of Freedom Award honorees. The Student Forum is held October 17, 2024, at the FedEx Forum, 10:30 a.m. Central. The  Freedom Award Student Forum will feature its distinguished Freedom Award hon ...

Core Insights - The article discusses the significance of support and resistance levels in financial markets, particularly highlighting FedEx Corporation as a case study [1][3] - It explains how price levels can shift from being support to resistance and vice versa, driven by trader psychology such as seller's remorse and buyer's remorse [1][3] Group 1: Support and Resistance Dynamics - The $289 level for FedEx was initially a resistance level in late March, which later converted into a support level by late June [1] - The $255.70 level served as resistance in June before becoming a support level in September [1] - The $276 level transitioned from a support level in August to a resistance level in early October [3] Group 2: Trader Psychology - Seller's remorse occurs when traders who sold at resistance regret their decision if the price trends higher, leading them to place buy orders when the price returns to that level [3] - Buyer’s remorse happens when traders who bought at support decide to sell if the price breaks below that level, creating resistance when the price rallies back [3] - Understanding these psychological factors helps traders make informed decisions on where to place buy and sell orders, potentially leading to profits [3]

Most of the important news in the financial markets goes over investors’ heads, only to wake up to new market price action and realize they should have not only paid attention but also acted upon the news that was released in the recent past. Today’s most important news—and implications—can be taken from the recent port strikes that started this week.When the dominoes are laid out, investors may arrive at a few pain points of inflection. They all end up with worse inflation and a significant hit to the Unit ...

The union dockworkers strike that began early Tuesday impacting dozens of U.S. ports has triggered shipping giant FedEx to launch contingency plans aimed at minimizing disruptions in shipments. "We are using our vast network capabilities and supply chain expertise to activate contingency plans and provide support for those affected by this situation," a FedEx spokesperson told FOX Business. "Our top priority is to maintain the excellent service our customers expect, and the FedEx team stands ready to assist ...