Momentum Is Strong For Fedex Corp (NYSE: FDX)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Integrated Freight & Logistics industry segment, falling under the Industrials sector. The current market capitalization of Fedex Corp is $73.50B. A total of 2.47 million shares were traded on the day, compared to an average of 1.73M shares.

In the most recent transaction, Allen Mark R sold 77,930 shares of FDX for 295.70 per share on Jun 28 ’24. After the transaction, the EVP GENL COUNSEL/SECTY now owns 34,965 company shares. In a previous transaction on Jun 28 ’24, CARTER ROBERT B sold 16,010 shares at 294.48 per share. FDX shares that EVP / Chief Info Officer owns now total 59,884.

Among the insiders who sold shares, WALSH PAUL S disposed of 2,535 shares on Jun 28 ’24 at a per-share price of $294.72. This resulted in the Director holding 14,745 shares of FDX after the transaction. In another insider transaction, SMITH FREDERICK W sold 113,400 shares at $274.30 per share on Apr 09 ’24. Company shares held by the Executive Chairman now total 14,505,844.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Fedex Corp pays an annual dividend of $5.16, resulting in a dividend yield of 1.73%, and it has a price to earnings (P/E) ratio of 17.32. FDX’s most recent ex-dividend date was 6/24/2024 when it declared a $1.38 quarterly dividend that was paid in cash on 7/9/2024. Previously, the company paid the dividend on 4/1/2024 with an ex-dividend date of 3/8/2024. The FDX stock dividend was $1.26 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, FDX has a high of $302.41 and a low of $224.69.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. FDX’s latest balance sheet shows that the firm has $6.90B in Cash & Short Term Investments as of fiscal 2022. There were $37.19B in debt and $14.27B in liabilities at the time. Its Book Value Per Share was $82.94, while its Total Shareholder’s Equity was $24.94B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FDX is Buy with a score of 4.20.

Most Popular

Related Posts