Key TakeawaysFedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and reduced its forecast as it faced what CEO Rajesh Subramaniam called a "challenging Q1 demand environment," especially in the U.S.The company pointed to weakness in the industrial economy impacting business-to-business revenue.FedEx also said it faced a decline in priority shipping volume and growth. FedEx (FDX) shares plunged 15% Friday, a day after the package delivery giant missed quarterly ...

Core Viewpoint - FedEx Corp has experienced a significant decline in stock value following disappointing quarterly results, raising concerns among investors about the company's growth trajectory and future performance [1][2]. Group 1: Financial Performance - FedEx reported first-quarter revenue and earnings that fell short of analyst expectations, attributing the poor performance to decreased U.S. domestic priority package volumes and rising wage and transportation costs [2]. - The company has revised its full-year guidance downward, now projecting revenue growth in the low single-digit range for fiscal year 2025 [2]. - Investors have seen only a 1.56% gain over the past year and less than 1% year-to-date, indicating a lack of significant growth [1]. Group 2: Analyst Ratings and Price Targets - Morgan Stanley downgraded FedEx from Equal-Weight to Underweight, reducing the price target from $215 to $200 [2]. - Baird maintained its Outperform rating but lowered its target from $340 to $320, reflecting some optimism despite current challenges [2]. Group 3: Technical Indicators - FedEx's stock is currently trading below its 5, 20, and 50-day exponential moving averages, indicating a strong bearish trend [3]. - The current share price of $254.36 places the stock firmly in bear territory, with the 200-day SMA above it at $267.43, reinforcing long-term bearish momentum [3]. - The MACD indicator stands at a negative 1.77, signaling bearishness, while the RSI of 26.67 indicates oversold conditions, suggesting potential difficulty for a rebound in the short-to-medium term [3].

Group 1 - The articles focus on community guidelines for user interactions on a platform, emphasizing the importance of civil discourse and respectful communication [1][2] - Users are encouraged to share insights and stay on topic while engaging with others [2] - There are specific rules against false information, spam, and discriminatory comments, which can lead to account blocking [1][2] Group 2 - The guidelines highlight the importance of protecting the community by reporting rule violations [2] - Users are prompted to express their opinions through 'Like' or 'Dislike' features to foster engagement [2]

Core Viewpoint - FedEx Corp reported disappointing fiscal first-quarter results, leading to a significant decline in share price and downward revisions in earnings and revenue guidance from analysts [1][2][4]. Analyst Ratings and Price Targets - BMO Capital Markets maintained a Market Perform rating, reducing the price target from $325 to $300 [1]. - Stifel kept a Buy rating but lowered the price target from $327 to $321 [1]. - Goldman Sachs reaffirmed a Buy rating while cutting the price target from $332 to $328 [1]. - Stephens maintained an Overweight rating with a price target of $350 [1]. Financial Performance - FedEx's adjusted EBIT was reported at $1,208 million and earnings per share at $3.60, both below consensus estimates of $1,611 million and $4.75 per share, respectively [2]. - The results were impacted by softer demand and a shift towards lower-yielding products, with adjusted earnings nearly 25% below consensus [2][3]. Guidance Revisions - Management lowered adjusted earnings guidance for fiscal 2025 to $20-$21 per share from a previous forecast of $20-$22 per share [4]. - Revenue growth guidance was revised down to low-single-digits from low to mid-single-digits [4]. - Analysts noted ongoing volume-related mix pressures and their potential impact on margins for the remainder of the year [4]. Cost Management and Savings - The DRIVE program is expected to deliver $2.2 billion in structural cost savings in fiscal 2025, although the savings this quarter were less material than anticipated [2][3]. - Management expects cost savings to ramp up sequentially and is implementing revenue management initiatives to address yield pressure [3]. Market Reaction - Shares of FedEx declined by over 15.5%, trading at $253.76 at the time of publication [5].

A weak quarterly report shows the logistics giant's turnaround efforts will take time to show results.FedEx (FDX -15.09%) reported weaker-than-expected quarterly results after the closing bell Thursday, and lowered its profit outlook for the fiscal year.Investors Friday don't appear interested in going along for the ride -- they've sent FedEx shares down by more than 14% as of 10:45 a.m. ET.Challenging timesIt has been a difficult few years for transportation companies. Rising interest rates and fears about ...

FedEx TodayFDXFedEx$256.00 -44.39 (-14.78%) 52-Week Range$224.69▼$313.84Dividend Yield2.16%P/E Ratio14.86Price Target$314.58Add to WatchlistFedEx Corporation NYSE: FDX is a solid business, but its latest results give another reason to fear that a recession is near. The company underperformed in all metrics, contracting versus an expectation to grow and reducing guidance in what may be the first of several reductions this year. The FedEx news sent ripples of fear through the entire transportation sector, dri ...

In my first article on FedEx Corporation (NYSE: FDX ) 11 months ago, which was, in fact, my first-ever article on Seeking Alpha, my thesis was that the stock wasn't a viable long-term investment because, at the time, earnings growth estimates of 15% were farI have been a keen student of the markets for several years now. I love studying how companies grow over time, what value they deliver to their stakeholders, and projecting long-term value as an investment opportunity. I work as a content professional fo ...

Shares of FedEx tumbled overnight following a disappointing earnings report and forecast. (Photo by ... [+] Ben Jared/PGA TOUR)PGA TOURKey Takeaways Fed's Aggressive Half-Point Cut Signals Caution Amid Economic Uncertainty Stock Market Rallies, But Global Slowdown Concerns Still Loom Large Commodities Like Oil And Copper Drop, Raising Global Economic WorriesOne day after Jay Powell and the Federal Reserve cut interest rates by a half of percentage point, stocks partied, to quote Prince, "like it's 1999." Th ...

U.S. stock futures were lower this morning, with the Nasdaq futures falling over 80 points on Friday.Shares of FedEx Corporation FDX fell sharply in today's pre-market trading after the company reported weaker-than-expected results for the first quarter of fiscal 2025 and lowered its full-year guidance.FedEx reported first-quarter revenue of $21.6 billion, missing analyst estimates of $21.955 billion, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $3.60 per share, missing ...

FedEx truck is seen in New York City, United States on July 16, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesFedEx stock (NYSE: FDX) saw a 13% fall in after-market hours on Thursday, September 19, after it reported Q1’25 results (fiscal ends in May) far worse than the street estimates. FDX stock is up 7% year-to-date, compared to -15% returns for its peer – UPS stock. FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our ...