FedEx Corporation (FDX) EPS Estimated At $2.86

November 15, 2017 - By Richard Conner

 FedEx Corporation (FDX) EPS Estimated At $2.86
Investors sentiment decreased to 1.01 in 2017 Q2. Its down 0.02, from 1.03 in 2017Q1. It worsened, 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.
New York-based Beck Mack Oliver Ltd Company has invested 0.75% in FedEx Corporation (NYSE:FDX). Anchor Bolt L P holds 0.24% or 27,916 shares. Wagner Bowman Corporation has invested 0.43% in FedEx Corporation (NYSE:FDX). Sentry Investments Corporation holds 0.09% or 58,199 shares in its portfolio. Bnp Paribas Asset Mngmt Sa reported 108,708 shares stake. D Scott Neal Inc holds 16 shares. Moreover, New Mexico Educational Retirement Board has 0.23% invested in FedEx Corporation (NYSE:FDX). Van Strum And Towne Inc accumulated 0.24% or 1,710 shares. Mercer Cap Advisers Incorporated owns 1,400 shares. Nordea Invest accumulated 0.52% or 951,431 shares. Whittier Trust Of Nevada Inc, Nevada-based fund reported 1,650 shares. Fjarde Ap accumulated 35,874 shares. Mogy Joel R Invest Counsel Inc accumulated 0.07% or 1,850 shares. Woodley Farra Manion Management owns 143,722 shares. Bush Odonnell owns 42,822 shares.

Investors wait FedEx Corporation (NYSE:FDX) to report on December, 19 after the close. its quarterly earnings Wall Street analysts expect $2.86 earnings per share, up $0.06 or 2.14 % from last year’s $2.8 same quarter earnings. This translates into $766.95 million profit for FDX giving the stock a 19.23 P/E. This is assuming the current $2.86 EPS is accurate. FedEx Corporation’s Wall Street analysts see 13.94 % EPS growth, taking into account the $2.51 EPS reproted in the previous quarter, The stock decreased 0.66% or $1.47 during the last trading session, reaching $219.94. About 805,436 shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since November 15, 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 90 analyst reports since August 14, 2015 according to SRatingsIntel. Cowen & Co maintained FedEx Corporation (NYSE:FDX) on Monday, September 11 with “Buy” rating. As per Thursday, March 23, the company rating was upgraded by Credit Suisse. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Thursday, June 2. Stifel Nicolaus has “Buy” rating and $178 target. UBS maintained the shares of FDX in report on Thursday, March 17 with “Buy” rating. Avondale maintained FedEx Corporation (NYSE:FDX) rating on Thursday, March 17. Avondale has “Market Outperform” rating and $182.50 target. The company was maintained on Thursday, May 19 by Citigroup. The stock of FedEx Corporation (NYSE:FDX) earned “Hold” rating by Stifel Nicolaus on Tuesday, November 15. The firm earned “Buy” rating on Wednesday, November 2 by Deutsche Bank. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Monday, August 14. Stifel Nicolaus has “Hold” rating and $216.0 target. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Tuesday, October 10 by KeyBanc Capital Markets.

FedEx Corporation provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The company has market cap of $58.98 billion. The Company’s divisions include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services. It has a 20.71 P/E ratio. The FedEx Express segment offers a range of the United States domestic and international shipping services for delivery of packages and freight.

More recent FedEx Corporation (NYSE:FDX) news were published by: Investorplace.com which released: “Trade FedEx Corporation Stock for the Holidays” on November 08, 2017. Also Benzinga.com published the news titled: “FedEX, UPS Among Goldman’s Recommendations Ahead Of Peak Freight Season” on November 13, 2017. Twst.com‘s news article titled: “FedEx Corporation: FedEx Expanding Capabilities with Acquisition of Northwest …” with publication date: October 18, 2017 was also an interesting one.

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