FedEx (FDX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
In the latest trading session, FedEx (FDX) closed at $312.42, marking a +2.61% move from the previous day.
FedEx (FDX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how FedEx (FDX) and LATAM (LTM) have performed compared to their sector so far this year.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
FedEx said on Friday that it planned to cut up to 500 jobs and invest as much as 78 million euros ($91.58 million) as part of a major overhaul to its domestic operations in the country.
FedEx Freight has entered into a five-year, $1.2 billion revolving-credit facility and a three-year, $600 million delayed-draw term-loan facility.
Expeditors edges past FedEx with stronger price performance, better earnings surprises and solid dividend growth in 2025.
FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs. FDX's revenue and margin outlook is supported by healthy pricing, secular B2B tailwinds, and operational leverage from DRIVE and Network 2.0 initiatives. Temporary headwinds from MD-11 aircraft grounding and incentive compensation are expected to fade, with medium-term prospects improving from FY27 onward.
FDX rises 2.7% in 2025 on cost cuts and earnings beats, but headwinds and a freight spinoff raise caution for 2026.
FedEx (NYSE: FDX) and UPS (NYSE: UPS) just wrapped up earnings that tell strikingly different stories.