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FedEx Corporation is currently in a long term uptrend where the price is trading 5.6% above its 200 day moving average.
From a valuation standpoint, the stock is 98.1% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.0.
FedEx Corporation's total revenue rose by 23.0% to $22B since the same quarter in the previous year.
Its net income has increased by 183.2% to $892M since the same quarter in the previous year.
Finally, its free cash flow grew by 434.5% to $786M since the same quarter in the previous year.
Based on the above factors, FedEx Corporation gets an overall score of 5/5.
ISIN | US31428X1063 |
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Sector | Industrials |
Industry | Integrated Freight & Logistics |
CurrencyCode | USD |
Exchange | NYSE |
Dividend Yield | 2.1% |
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Beta | 1.32 |
Market Cap | 58B |
PE Ratio | 19.76 |
Target Price | 250.3 |
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2022, this segment had approximately 30,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and document and business services, as well as retail access to its customers for its package transportation businesses. FedEx Corporation was founded in 1971 and is based in Memphis, Tennessee.
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