FedEx Corporation (FDX) EPS Estimated At $2.86

December 13, 2017 - By Dolores Ford

 FedEx Corporation (FDX) EPS Estimated At $2.86
Investors sentiment decreased to 1.01 in Q2 2017. Its down 0.02, from 1.03 in 2017Q1. It is negative, as 53 investors sold FedEx Corporation shares while 373 reduced holdings. 112 funds opened positions while 318 raised stakes. 200.09 million shares or 0.41% less from 200.92 million shares in 2017Q1 were reported.
Macquarie Grp Ltd accumulated 774,133 shares. Groesbeck Nj owns 0.43% invested in FedEx Corporation (NYSE:FDX) for 2,646 shares. Advisory Services Limited Liability Co owns 0.08% invested in FedEx Corporation (NYSE:FDX) for 2,719 shares. Plancorp Ltd Liability Corp accumulated 0.09% or 1,395 shares. Gulf National Bank (Uk) Limited reported 0.25% in FedEx Corporation (NYSE:FDX). Moreover, Columbia Asset has 0.33% invested in FedEx Corporation (NYSE:FDX) for 4,653 shares. Two Sigma Ltd, New York-based fund reported 4,942 shares. Btr Cap Management Inc holds 0.47% or 10,504 shares. 604,263 are owned by Jpmorgan Chase Com. Tdam Usa holds 0.07% or 6,016 shares in its portfolio. Virginia-based Davidson Garrard Inc has invested 0.08% in FedEx Corporation (NYSE:FDX). Carroll Finance Associate has 393 shares. Country Trust Bank & Trust owns 2.33% invested in FedEx Corporation (NYSE:FDX) for 224,211 shares. Scotia Capital Inc invested 0.22% in FedEx Corporation (NYSE:FDX). Ohio-based Fort Washington Advisors Oh has invested 0.01% in FedEx Corporation (NYSE:FDX).

Since September 21, 2017, it had 0 insider buys, and 4 sales for $9.61 million activity. On Thursday, September 21 the insider Colleran Donald F sold $2.20 million. Maier Henry J had sold 11,150 shares worth $2.55 million. 6,750 shares were sold by Subramaniam Rajesh, worth $1.48 million.

Analysts expect FedEx Corporation (NYSE:FDX) to report $2.86 EPS on December, 19 after the close.They anticipate $0.06 EPS change or 2.14 % from last quarter’s $2.8 EPS. FDX’s profit would be $766.90 million giving it 20.94 P/E if the $2.86 EPS is correct. After having $2.51 EPS previously, FedEx Corporation’s analysts see 13.94 % EPS growth. The stock increased 0.37% or $0.89 during the last trading session, reaching $239.5. About 1.73M shares traded or 28.55% up from the average. FedEx Corporation (NYSE:FDX) has risen 19.02% since December 13, 2016 and is uptrending. It has outperformed by 2.32% the S&P500.

FedEx Corporation (NYSE:FDX) Ratings Coverage

Among 37 analysts covering FedEx (NYSE:FDX), 23 have Buy rating, 1 Sell and 13 Hold. Therefore 62% are positive. FedEx had 92 analyst reports since August 14, 2015 according to SRatingsIntel. On Friday, October 13 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, August 14. The stock of FedEx Corporation (NYSE:FDX) has “Outperform” rating given on Monday, February 6 by Raymond James. As per Friday, October 20, the company rating was maintained by Oppenheimer. KeyBanc Capital Markets initiated FedEx Corporation (NYSE:FDX) on Tuesday, October 10 with “Buy” rating. The rating was maintained by Avondale with “Market Outperform” on Thursday, March 17. On Wednesday, September 21 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by RBC Capital Markets on Thursday, September 17 with “Sector Perform”. The stock of FedEx Corporation (NYSE:FDX) earned “Positive” rating by Susquehanna on Thursday, March 30. The company was maintained on Monday, November 2 by Barclays Capital.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $64.22 billion. The companyÂ’s FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows clients to track and manage imports. It has a 22.58 P/E ratio. This segment also publishes customs duty and tax information; and offers transportation management and temperature-controlled transportation services.

More recent FedEx Corporation (NYSE:FDX) news were published by: Seekingalpha.com which released: “FedEx – Low Yield, Strong Growth” on December 02, 2017. Also Fool.com published the news titled: “Here’s How FedEx Corporation Crushed It in 2017” on December 11, 2017. Nasdaq.com‘s news article titled: “FedEx Corporation (FDX) Ex-Dividend Date Scheduled for December 08, 2017” with publication date: December 07, 2017 was also an interesting one.

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