Core Insights - FedEx Corporation (FDX) is scheduled to report its first-quarter fiscal 2026 results on September 18, 2025, after market close [1] - The Zacks Consensus Estimate for earnings is $3.68 per share, reflecting a 2.2% increase from the previous year, while revenues are expected to be $21.8 billion, indicating a 0.8% increase [2] Earnings Performance - FDX has a mixed earnings surprise history, with an average surprise of -5.53% across recent quarters [3][4] - The company is expected to face challenges in average daily shipments due to weak demand and tariff-related tensions [5] Segment Analysis - The Express unit, FDX's largest segment, is anticipated to experience volume weakness, although revenues may increase slightly compared to the first quarter of fiscal 2025 [6] - Cost-reduction initiatives from the DRIVE program are expected to aid bottom-line performance, despite a marginal increase in adjusted operating expenses [7] Strategic Developments - An update on FDX's multi-year deal with Amazon is anticipated, which involves delivering select large packages for the e-commerce giant [7][8] - The FDX-Amazon deal comes after rival UPS decided to lower its volumes with Amazon, indicating a strategic shift in partnerships [9] Market Position - FDX shares have outperformed the Zacks Transportation—Air Freight and Cargo industry, increasing by 5.9% in the first quarter of fiscal 2026, compared to a 3.2% decline in the industry [12] - FDX is trading at a discount based on forward Price/Sales (P/S) ratios compared to the industry average and UPS, with a Value Score of A [14] Long-term Outlook - Despite current challenges, FDX has a long-term earnings growth rate of 10.4%, higher than the industry average of 9.5% [19] - The company has raised its quarterly dividend by 5.1% to $1.45 per share, indicating a commitment to rewarding shareholders [18] Investment Considerations - Current market conditions and uncertainties suggest that it may not be the best time to purchase additional shares of FDX [19][20] - Investors are advised to wait for management's commentary on tariffs and updated guidance before making investment decisions [20]

Core Viewpoint - Bank of America has issued a warning regarding the de minimis impact on United Parcel Service (UPS) and FedEx Corporation (FDX), leading to a downgrade of UPS from Neutral to Underperform [2] Company Analysis - Bank of America downgraded UPS to Underperform, indicating concerns about its performance relative to the market [2] - The warning from Bank of America highlights the significant impact of de minimis factors on both UPS and FedEx, suggesting potential challenges ahead for these companies [2] Industry Implications - The downgrade of UPS may reflect broader industry challenges that could affect the logistics and delivery sector, particularly in relation to market performance and competitive positioning [2]

Core Insights - The article discusses the busy schedule of corporate events, including Analyst Days and Shareholder Meetings, which can provide valuable insights into companies' short-term trends and strategic plans [1][2][3] Company Events - Uber Technologies participated in a Fireside Chat with Goldman Sachs analysts, while Visa, Apple, and Nike are hosting significant events this week [2] - CrowdStrike's Analyst Day is scheduled for September 17, following a stock price decline of over 20% from its peak of $518 in early July, despite strong revenue and earnings performance [6][9] - Wynn Resorts will hold its Analyst Day on September 19, with shares nearly doubling since April, although recent reports indicate challenges in the Las Vegas tourism sector [7][9] - Alibaba's Shareholder Meeting is set for September 25, with the company recently announcing the development of new AI chips, positioning itself competitively in the tech sector [10] - FedEx's Shareholder Meeting is on September 29, with expectations for clarity on its Freight division spinoff amid a 20% stock price decline over the past year [11] Economic Context - The article highlights the upcoming macroeconomic data releases, including retail sales and Federal Reserve policy decisions, which could impact market sentiment and company performance [4][5][12] - The Cboe Volatility Index (VIX) is currently around 15, indicating modest expected volatility in the S&P 500, suggesting a stable market environment for the time being [12]

Group 1 - FedEx Corporation has been underperforming the market for an extended period [1] - United Parcel Service, Inc. is experiencing similar underperformance in the parcel delivery sector [1] Group 2 - The analysis is conducted by a team with backgrounds in business and finance from top universities [1] - The team specializes in macroeconomics, commodities, currencies, and the U.S. stock market [1]

Core Viewpoint - FedEx Corporation's (FDX) strong segmental performance and operational efficiency are enhancing its prospects, supported by fleet modernization initiatives, leading to impressive share price performance [1] Group 1: Earnings and Stock Performance - The Zacks Consensus Estimate for FDX's earnings per share has been revised upward by 0.33% for the current fiscal year and by 0.10% for fiscal 2026, indicating broker confidence [2] - FDX shares have increased by 3.9% over the past year, outperforming the Zacks Transportation - Air Freight and Cargo industry's 5% decline [3] - FDX currently holds a Zacks Rank 2 (Buy), with its industry ranking at 34 out of 245, placing it in the top 14% of Zacks Industries [4] Group 2: Operational Strengths - FedEx achieved the IATA CEIV Pharma Corporate Certification in May 2025, enhancing its leadership in the pharmaceutical logistics market and reinforcing customer trust [6][9] - More than 90% of FedEx's global healthcare volume is now processed through CEIV Pharma-certified facilities, positioning healthcare as a critical growth driver [9] - The Federal Express segment showed improvement in Q4 of fiscal 2025, supported by DRIVE cost efficiencies and stronger export volumes, while the Freight segment offset headwinds through pricing discipline [10] Group 3: Fleet Modernization and Cost Efficiency - FedEx is advancing its fleet modernization strategy by retiring older aircraft, which will enhance long-term efficiency [11] - The company reported significantly lower one-time costs compared to the previous year, indicating progress toward a leaner and more efficient business model [11]

此次扩张计划，正值沙特阿拉伯吸引跨国公司、以挑战阿联酋作为海湾地区工业和物流中心地位之际。 沙特阿拉伯政府正在投资开发港口、铁路和公路，目标是到2030年将交通运输业对GDP的贡献率从2021 年的6%提高到10%。 Viswanathan还谈到了美国关税政策变化对全球航运造成的冲击。她表示，鉴于华盛顿方面决定取消所 谓的"最低限度豁免"政策，联邦快递正在与中东出口商合作，以应对合规问题及成本影响。 智通财经APP获悉，联邦快递(FDX.US)在利雅得设立了新的区域枢纽，并获得沙特政府颁发的外国航 空公司运营许可证。此举表明该公司加大押注沙特将成为中东地区的物流大国。 Viswanathan表示："此前享受免税待遇的货物现在也需要交税了。我们的职责是确保货物在关税变化下 仍能顺利流通。" 联邦快递代表本周在沙特阿拉伯举行的一次活动上表示，运营计划包括每月24次从利雅得国王哈利德国 际机场起飞的货运航班，这将使该首都成为连接欧洲、亚洲和美洲的中心节点。 这一举措标志着联邦快递在沙特阿拉伯转型为独立运营商，此前该公司曾与当地网点合作。该地区总裁 Kami Viswanathan拒绝在本月财报公布前透露财务细节，但 ...

FedEx launches a new regional hub in Riyadh, deepening its bet on the kingdom as a rising logistics power https://t.co/qQqYDMisu9 ...

Group 1 - FedEx Corp (NYSE: FDX) has underperformed the S&P 500 for several years, but it has registered a modest 7% gain over the past three years, excluding dividends [1] - FedEx's performance is significantly better than its primary U.S. competitor, United Parcel Service [1]

Core Insights - The Saudi Public Investment Fund (PIF) has sold its stakes in several U.S. publicly traded companies, including Meta, Shopify, PayPal, Alibaba, Nu Holdings, and FedEx, indicating a complete divestment from these companies [1] Summary by Category Company Actions - PIF no longer holds any shares in Meta, Shopify, PayPal, Alibaba, Nu Holdings, and FedEx [1] - As of the end of March, PIF held significant shares in these companies, including 668,000 Class A shares of Meta, 1.25 million Class A shares of Shopify, 1.76 million shares of PayPal, 1.61 million ADS shares of Alibaba, 6.83 million Class A shares of Nu Holdings, and 498,000 common shares of FedEx [1]

Core Viewpoint - The article highlights FedEx (FDX) as a strong value investment opportunity, showcasing its favorable valuation metrics and earnings outlook, indicating it may be undervalued in the current market [4][8]. Valuation Metrics - FedEx has a P/E ratio of 12.43, which is slightly below the industry average of 12.56, indicating a competitive valuation [4]. - The PEG ratio for FedEx is 1.20, compared to the industry average of 1.40, suggesting that FDX is reasonably priced relative to its expected earnings growth [5]. - FedEx's P/B ratio stands at 2.02, significantly lower than the industry average of 4.43, indicating that the stock may be undervalued based on its book value [6]. - The P/CF ratio for FedEx is 6.73, which is also lower than the industry average of 9.04, further supporting the notion of undervaluation based on cash flow [7]. Investment Outlook - The combination of favorable valuation metrics and a strong earnings outlook positions FedEx as one of the strongest value stocks in the market currently [8].