FedEx Corporation (NYSE:FDX) moved up 0.77% and closed its last trading session at $194.59. This Transportation Sector stock currently has the Market Capitalization of 51.86 Billion. The Average Volume for the stock is measured as 1.56 Million. The Stock has a 52-Week High of $201.57 and 52-Week Low of $145 following the dates, it touched its 52-Week High on Dec 13, 2016 and 52-Week Low on Jun 27, 2016. Currently, the Return on Assets value for the trailing twelve months is 4.2% with the Return on Equity and Return on Investment of 13% and 7.8% respectively. This firm currently has YTD (year to date) performance of 4.72 Percent which is awesome. The Short Ratio for the stock is 0.03.
FedEx Corporation (NYSE:FDX) Price to Earnings (P/E) ratio is 28.42. EPS or Earning per Share stands at $6.85. The TTM operating margin is 5.8 percent.
FedEx Corporation (NYSE:FDX) reports its Earnings on Tue 21 Mar (In 2 Days). The estimated EPS for the current quarter is said to be $2.64. Following Earnings result, share price were UP 15 times out of last 28 Qtrs. The stock has reduced about -2.1% since it reported its last earnings. The Closing price of FedEx Corporation (NYSE:FDX) at Last Earnings was $198.74 as compared to the previous closing price of $193.11. The Predicted Move on the 7th day after FedEx Corporation (NYSE:FDX) will release its earnings at about 4%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, FedEx Corporation (NYSE:FDX) beats earnings by 58%, The Stock Missed Earnings 5 times and has met earnings 0 times.
We will discuss the past Quarters Earnings below:
FedEx Corporation (NYSE:FDX) reported its previous quarter on 12/20/2016 where it reported the Actual Earnings of $2.8. The Closing price before the company posted its earnings was $198.74. The Stock declined on the very next day of earnings and maintained its stock price at $192.12 by showing a % change of -3.33 percent from its previous closing price. The Next Day Volume after Earnings was reported as 6.4 Million. On the 7th day After Earnings Report, the stock hit its share price as $190.55 by showing -4.12% decrease from the Stock price Before Earnings were reported.
On 09/20/2016, the stock reported the EPS of $2.9 where Analysts were projecting the EPS to be $2.81 showing a difference of $0.09. Thus Surprise Factor was there with 3.2 percent. Before Earnings Announcement on 09/20/2016, the firm had its stock price of $162.32. And immediately on the next day after earnings announcement, the stock inclined 6.89% and closed its trading session at $173.51. On 7th Day after earnings release, FedEx Corporation (NYSE:FDX) surged to 9.01% from $162.32 to $176.94.
On 06/21/2016, Analysts were suspecting EPS of $3.28/share where FedEx Corporation (NYSE:FDX) reported its Actual EPS of $3.3. Thus showing a Surprise of 0.6 percent. The Closing Price of the stock before earnings was $163.22 while on the Next day the stock closed its trading session at $155.82 with a percentage change of -4.53% from the price of 163.22 before Earnings. The Stock Closing Price on the 7th day of earnings was $147.44.
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The companys 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 customers to track and manage imports. This segment also publishes customs duty and tax information; and offers critical inventory logistics, transportation management, and temperature-controlled transportation services, as well as international express transportation, small-package ground delivery, and freight transportation services. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages, as well as offers third-party logistics services. The companys FedEx Freight segment offers less-than-truckload freight, and freight-shipping services. As of May 31, 2016, this segment operated approximately 65,000 vehicles and trailers from a network of approximately 370 service centers. Its FedEx Services segment provides sale, marketing, information technology, communication, customer, technical support, billing and collection, and other back-office support services; FedEx Mobile, a suite of solutions to track packages, create shipping labels, view account-specific rate quotes, and access drop-off location information; access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and ground shipping and time-definite express shipping services; and packing services, supplies, and boxes. The company was founded in 1971 and is based in Memphis, Tennessee.