In the latest close session, FedEx (FDX) was down 2.8% at $373.35. The stock's change was less than the S&P 500's daily loss of 0.57%. Elsewhere, the Dow lost 1.61%, while the tech-heavy Nasdaq lost 0.26%.
The package delivery company's stock has climbed by 5.94% in the past month, exceeding the Transportation sector's gain of 1.84% and the S&P 500's loss of 0.15%.
Analysts and investors alike will be keeping a close eye on the performance of FedEx in its upcoming earnings disclosure. The company's earnings report is set to go public on March 19, 2026. The company is predicted to post an EPS of $4.12, indicating a 8.65% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $23.59 billion, up 6.45% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $18.51 per share and revenue of $92.78 billion, which would represent changes of +1.76% and +5.52%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for FedEx. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.71% upward. FedEx presently features a Zacks Rank of #3 (Hold).
Looking at valuation, FedEx is presently trading at a Forward P/E ratio of 20.75. Its industry sports an average Forward P/E of 20.02, so one might conclude that FedEx is trading at a premium comparatively.
One should further note that FDX currently holds a PEG ratio of 1.83. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. FDX's industry had an average PEG ratio of 1.83 as of yesterday's close.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 92, finds itself in the top 38% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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FedEx Corporation (FDX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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