FedEx(FDX)
Search documents
FedEx (FDX) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-10-29 23:20
FedEx (FDX) closed the latest trading day at $275.04, indicating a -0.15% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.16%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq appreciated by 0.78%.The the stock of package delivery company has risen by 0.65% in the past month, leading the Transportation sector's loss of 2.01% and undershooting the S&P 500's gain of 1.67%.Analysts and investors alike will be keeping a close eye ...
FedEx: A Long-Term Bet On Stability And Dividends (Rating Upgrade)
Seeking Alpha· 2024-10-25 17:45
Roughly a month ago, FedEx Corporation (NYSE: FDX ) released its earnings report for the first quarter of 2025, and, well, it didn't exactly light up the scoreboard—earnings per share fell $1.17 short of expectations, and revenue missed forecasts by a rather hefty $335.85 million. This The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing ...
Top 3 Stocks to Play Oil's Potential Comeback Rally
MarketBeat· 2024-10-18 15:30
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 ...
This Dividend His Climbed 590% Riding A ‘Quiet' Megatrend
Forbes· 2024-10-16 13:38
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 ...
Contrarian Traders Are Buying These 2 Stocks With Big Upside
MarketBeat· 2024-10-08 13:11
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 ...
FDX Stock Trading Lower Than Industry at 12.7x PE: Time to Buy?
ZACKS· 2024-10-07 17:05
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 ...
FedEx partners with National Civil Rights Museum to offer hybrid Freedom Award Student Forum
GlobeNewswire News Room· 2024-10-07 14:17
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 ...
Stock Of The Day: FedEx Delivers An Important Trading Lesson
Benzinga· 2024-10-04 18:33
The best traders understand that certain price levels in the financial markets are more important than others. They also know how to identify them. These are called support levels and resistance levels.An important dynamic of the markets is how price levels that had been support can convert into resistance, and how price levels that had been resistance can convert into support. The chart of FedEx Corporation FDX shows clear examples of this. This is why it is our Stock of the Day.As you can see, the $289 le ...
How Recent Port Strikes Could Impact These 3 Key Stocks
MarketBeat· 2024-10-02 14:36
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 ...
FedEx deploys contingency plans as port workers strike
Fox Business· 2024-10-01 18:11
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 ...