FedEx (FDX) Registers a Bigger Fall Than the Market: Important Facts to Note

Stock Performance - FedEx closed at $275 06, marking a -1 29% move from the prior day, underperforming the S&P 500's daily loss of 0 47%, the Dow's loss of 0 31%, and the Nasdaq's decrease of 0 51% [1] - Over the past month, FedEx shares lost 0 95%, lagging behind the Transportation sector's gain of 4 36% and the S&P 500's gain of 1 67% [1] Earnings and Revenue Projections - FedEx's upcoming earnings report is set for March 20, 2025, with an EPS projection of $4 59, reflecting an 18 91% increase compared to the same quarter last year [2] - Revenue for the upcoming quarter is projected at $21 89 billion, a 0 89% rise from the equivalent quarter last year [2] - For the entire fiscal year, earnings are projected at $19 14 per share, a 7 53% increase, while revenue is expected to be $87 6 billion, a slight -0 06% change from the previous year [3] Analyst Estimates and Valuation - Recent modifications to analyst estimates reflect shifting short-term business dynamics, with upward revisions indicating positivity towards the company's operations and profitability [4] - The Zacks Consensus EPS estimate has decreased by 0 02% over the last 30 days, and FedEx currently holds a Zacks Rank of 3 (Hold) [6] - FedEx's Forward P/E ratio is 14 56, below the industry average of 15 25, and its PEG ratio is 1 15, also below the industry average of 1 25 [7] Industry Overview - The Transportation - Air Freight and Cargo industry, part of the Transportation sector, holds a Zacks Industry Rank of 218, placing it in the bottom 14% of all 250+ industries [8] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]