FedEx(FDX)

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FedEx(FDX) - 2024 Q4 - Annual Report
2024-07-15 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended May 31, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 1-15829 | --- | --- | |-------|---------------------| | | | | | | | | | | | 62-1721435 | | | | | | (I.R.S. Employer | | | Identification No ...
Why FedEx (FDX) is a Top Growth Stock for the Long-Term
ZACKS· 2024-07-15 14:45
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?Develop ...
2 High Yield Dividend Stocks For Income: One Yields More Than 5%
Seeking Alpha· 2024-07-11 22:00
RayOneMedia Investment Thesis Even though some might state that Dividend Yields [FWD] of 4.86% and 5.38% might not be particularly high, I believe that such dividends can be attractive for investors if they prove to be sustainable. This is the case as they not only help you to produce a significant amount of extra income via dividend payments while increasing this amount year-over-year, but they can also help you achieve an attractive Total Return when investing over the long term. In this article, I have c ...
Why FedEx Stock Hit the Gas in June
The Motley Fool· 2024-07-02 17:07
The logistics giant's fiscal fourth-quarter results provided hope to long-term investors.In late June, FedEx (FDX -0.33%) delivered a quarterly report that topped expectations, and management provided an upbeat outlook for the quarters to come.All of that was a relief to shareholders, as the company had previously endured a shipping slump. In response, investors sent FedEx shares up 18.1% for the month, according to data provided by S&P Global Market Intelligence.Rosier numbers than investors fearedFedEx an ...
Here's Why You Should Retain FedEx (FDX) Stock for Now
ZACKS· 2024-07-02 14:07
FedEx Corporation’s (FDX) robust cost savings initiative, DRIVE, is boosting the company’s bottom line and liquidity. The shareholder-friendly approach also bodes well for the company. However, FDX is grappling with weakness in the FedEx Express segment due to lower international yields.Factors Favoring FDXDespite challenges in the revenue environment, FedEx’s cost-saving initiatives are commendable. The DRIVE initiative, a comprehensive program launched in fiscal 2023 to boost long-term profitability, has ...
FedEx's Turnaround Story: Why Wall Street Is Betting on 100% Upside
Investor Place· 2024-07-02 10:30
Surprise positive earnings by FedEx (NYSE:FDX) sent its stock soaring nearly 20% last week. The package delivery specialist easily beat Wall Street’s fiscal fourth-quarter revenue and earnings estimates, helping to lift shares to one of its best one-day performances.A $2.5 billion stock buyback announcement and potential spin-off boosted FedEx stock. In fact, shares are higher than they have been at any time since the pandemic, indicating the package delivery leaders on the road to recovery.Package Delivery ...
FedEx: DRIVE Initiative Has Exceeded My Expectations, For Now
Seeking Alpha· 2024-07-01 09:19
AndreyPopov/iStock via Getty Images Investment Thesis The last time I wrote about FedEx Corp (NYSE:FDX), I argued how the company’s initiatives such as One FedEx and the presence of an activist hedge fund may not be enough to offset the pressure on the company’s volumes caused by a challenging macro environment. I had a SELL rating on the stock. Since the article was published in July 2023, the stock has gained 21.3%, marginally underperforming the S&P 500, which gained 22.7% during the same period. In ...
FedEx Q4: Turnaround Taking Hold
Seeking Alpha· 2024-07-01 09:13
Wirestock/iStock Editorial via Getty ImagesInvestment Thesis I believe the ongoing struggles FedEx (NYSE:FDX) has faced are mainly centered around their competitive operating efficiency, as exemplified by the U.S. Postal Service's decision to expand United Parcel Service (UPS) as their primary air cargo provider in April 2024. For years, FedEx has faced challenges in sustaining their operations, especially in securing mutually beneficial terms to extend their contract with USPS. USPS was FedEx Express’s ...
FedEx's Performance Saves the CE 100 Index From Decline as Nike Disappoints
PYMNTS.com· 2024-07-01 08:00
It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and “Enablers” pillars. For the month of June the CE 100 Index was flat; year-to-date it’s up 2.9%, just a shade below the 3.7% bump in the Dow.The gainers were led by FedEx (“Move” pillar, 18.1% jump for the week), Mitsubishi Financial Financial Group and MongoDB. Some dynamics behind each:FedEx: The company’s ...
What FedEx Earnings Mean to UPS Investors
The Motley Fool· 2024-06-30 09:06
The read across from its rival's results is positive for UPS.A solid earnings report from FedEx (FDX 1.48%) sent its shares soaring, and that's probably why UPS (UPS 0.75%) stock rose in the first trading day after the earnings release. Such events are common in investing, and a deeper look at the earnings reports suggests some positive takeaways for UPS investors. Here are five of them for UPS investors to consider.FedEx domestic volumes are improvingA key part of UPS' investment case is the idea that its ...