FedEx Corporation (FDX)
FedEx: Time To Take Some Chips Off The Table (Rating Downgrade)
FedEx is downgraded to Hold due to a mix of catalysts and valuation changes. On the positive side, current profit margins are above 5-year averages, and Network 2.0 can drive further margin improvements. The impacts from the FedEx Freight spin-off can be more subtle depending on your timeframe.
FedEX: Expecting Continued Delivery Strength Ahead Of Q4
Shares in FedEX are still up about 13% YTD despite a nearly 15% decline over the past month. The strong performance has been boosted by ongoing strength in FedEX's main express segment, due to higher revenues per package and higher U.S. volumes. I expect the recent spinoff of the freight segment, which just completed on June 1, to benefit FedEX's remaining businesses.
Here's Why FedEx (FDX) is a Strong Value Stock
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FedEx Updates Annual Dividend Following FedEx Freight Spin-Off
FDX's consistent efforts to reward its shareholders through dividend hikes highlight its financial bliss.
FedEx pilots ratify new wage deal, union says
FedEx pilots have ratified a new deal that would raise their wages by about 40% this year, their union said on Tuesday, following nearly five years of negotiations with the parcel delivery company.
FedEx Freight initiated at ‘Buy' by Bank of America on margin expansion potential
FedEx Freight (NYSE:FDXF) shares traded around $152 on Tuesday afternoon after Bank of America initiated coverage of the newly independent less-than-truckload (LTL) carrier with a ‘Buy' rating and a $185 price target. The initiation comes one day after FedEx Freight was spun off from FedEx Corp (NYSE:FDX, XETRA:FDX), with FedEx retaining a 19.9% ownership stake.
Do Options Traders Know Something About FedEx Stock We Don't?
Investors need to pay close attention to FDX stock based on the movements in the options market lately.
FedEx (FDX) Stock Dips While Market Gains: Key Facts
In the latest trading session, FedEx (FDX) closed at $338.49, marking a -17.79% move from the previous day.
FedEx Freight CEO Says Self-Driving Trucks Are Ready for Prime Time
After two years of testing, “the technology is there,” says CEO John Smith. Now the ball is in the regulators' court.
Will FedEx (FDX) Beat Estimates Again in Its Next Earnings Report?
FedEx (FDX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
FedEx Freight Goes Solo to Capture LTL Growth
FedEx Freight completed its spin-off from FedEx and will begin trading on the New York Stock Exchange (NYSE) Monday (June 1) under the ticker symbol “FDFX.
FedEx stock climbs after JPMorgan upgrade ahead of freight spinoff
Shares of FedEx (FDX) rose on Wednesday after JPMorgan upgraded the shipping giant ahead of the planned separation of its freight business. Analysts believe the move could unlock additional shareholder value and improve transparency across the company's operations.
