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FedEx (FDX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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FedEx (FDX - Free Report) closed at $325.93 in the latest trading session, marking a -2.92% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.22%. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq decreased by 1.35%.
The package delivery company's shares have seen a decrease of 10.46% over the last month, not keeping up with the Transportation sector's gain of 6.76% and the S&P 500's gain of 1.56%.
The investment community will be paying close attention to the earnings performance of FedEx in its upcoming release. The company is slated to reveal its earnings on June 23, 2026. On that day, FedEx is projected to report earnings of $5.91 per share, which would represent a year-over-year decline of 2.64%. At the same time, our most recent consensus estimate is projecting a revenue of $24.18 billion, reflecting a 8.83% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $19.78 per share and a revenue of $93.71 billion, indicating changes of +8.74% and +6.58%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for FedEx. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.03% lower. FedEx is currently a Zacks Rank #3 (Hold).
Digging into valuation, FedEx currently has a Forward P/E ratio of 15.55. This signifies no noticeable deviation in comparison to the average Forward P/E of 15.55 for its industry.
Investors should also note that FDX has a PEG ratio of 1.53 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Transportation - Air Freight and Cargo industry had an average PEG ratio of 1.66.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 44% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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FedEx (FDX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
FedEx (FDX - Free Report) closed at $325.93 in the latest trading session, marking a -2.92% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.22%. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq decreased by 1.35%.
The package delivery company's shares have seen a decrease of 10.46% over the last month, not keeping up with the Transportation sector's gain of 6.76% and the S&P 500's gain of 1.56%.
The investment community will be paying close attention to the earnings performance of FedEx in its upcoming release. The company is slated to reveal its earnings on June 23, 2026. On that day, FedEx is projected to report earnings of $5.91 per share, which would represent a year-over-year decline of 2.64%. At the same time, our most recent consensus estimate is projecting a revenue of $24.18 billion, reflecting a 8.83% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $19.78 per share and a revenue of $93.71 billion, indicating changes of +8.74% and +6.58%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for FedEx. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.03% lower. FedEx is currently a Zacks Rank #3 (Hold).
Digging into valuation, FedEx currently has a Forward P/E ratio of 15.55. This signifies no noticeable deviation in comparison to the average Forward P/E of 15.55 for its industry.
Investors should also note that FDX has a PEG ratio of 1.53 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Transportation - Air Freight and Cargo industry had an average PEG ratio of 1.66.
The Transportation - Air Freight and Cargo industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 44% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.